The platform allows users to create tokens on the specified base chain at a low cost. This feature enables token creators to issue their own digital assets without significant financial barriers.
Bonding Curve Buy/Sell Mechanism
Tokens created on the platform can be traded using a bonding curve equation. This means that the price of the token is determined by a mathematical formula based on supply and demand. Users can buy and sell tokens according to this equation.
Preset Market Cap
The platform sets a predefined market capitalization for newly created tokens. This could imply that tokens created on the platform have a predetermined maximum supply or a target market valuation.
Token Liquidity on DEX
After fulfilling certain conditions or terms, such as reaching the preset market cap, the newly created token is paired with all the funds inside and provides liquidity on the decentralized exchange (DEX). This process likely involves adding the token to liquidity pools on the DEX to facilitate trading.