Bonding Curve

How Price Discovery Works

When a coin is first created on Anoncoin, it enters the bonding curve phase. During this phase, the price is determined by a mathematical curve powered by Meteora.

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Key Parameters

Parameter	Value
Initial Market Cap	30 SOL
Graduation Market Cap	420 SOL
Curve Provider	Meteora

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How It Works

1. Launch - The coin starts at a market cap of 30 SOL

2. Price Discovery - As people buy, the price increases along the bonding curve

3. Graduation - When the market cap reaches 420 SOL, the coin "graduates"

4. Pool Creation - Liquidity is migrated to a Meteora DAMM V2 pool

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During the Bonding Curve

Aspect	Detail
Creator fees	❌ None - creators earn 0% during this phase
Trading fee	2% total (1.6% platform + 0.4% protocol fee)
Ticker protection	7-day exclusivity is active
Trading	Buy & sell through the bonding curve

📌 Why no creator fees? This is intentional. Creators who launch on Anoncoin are rewarded for long-term success, not short-term volume farming. Fees only begin after graduation.

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Graduation

When the bonding curve reaches 420 SOL market cap, the coin graduates:

    Bonding Curve                    Graduation                   AMM Pool
   (30 → 420 SOL)  ──────────────────────▶  ──────────────────▶  Meteora DAMM V2
                                                                  
   • Price on curve                          • Liquidity migrated
   • No creator fees                         • Creator fees begin
   • 7-day ticker lock                       • Dynamic fee scaling

After graduation, the coin transitions to the Meteora DAMM pool. See AMM for details.

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Next → AMM