Bonding Curve Phase
The price discovery phase where the token price moves dynamically based on trading activity.
How the Curve Works
Constant Product Formula
Price is determined by the ratio of tokens to SOL in the curve pool. Buying pushes price up, selling pushes price down. Standard AMM mechanics.
Time-Based Duration
Unlike other platforms that graduate at a fixed market cap (often 69K), COOP curves run for 23 hours (configurable). This allows market cap to grow organically without a ceiling.
Buy & Sell Freely
During this phase, you can buy more tokens at the current curve price or sell your position. Trading is fully on-chain and permissionless.
Price Impact
Larger trades have more price impact. Early in the curve when liquidity is lower, even small trades can move price significantly.
Claiming Your Fairlaunch Tokens
During fairlaunch, you deposit SOL but don't receive tokens immediately. Once the fairlaunch ends, your token allocation is calculated based on your contribution relative to the total amount raised.
Why claim?
Your share is determined after fairlaunch closes
Once the bonding curve begins, you can claim your allocated tokens
Claimed tokens can then be traded on the bonding curve or held until graduation
Why Time-Based?
Traditional bonding curves graduate when they hit a fixed market cap (often 69K). This creates predictable exit points that can be gamed. COOP's time-based approach offers: