Lifecycle
LAUNCH ── one transaction ──────────────────────────────────────
the pool is created and seeded together
liquidity is single-sided: all tokens, no ETH fronted
the launch tax starts high
FIRST BUYS ──────────────────────────────────────────────────────
buyers bring the ETH; the price walks into the liquidity band
only now does the pool hold enough ETH for anyone to sell
SELLS ───────────────────────────────────────────────────────────
3% tax → creator
20% of the net → a bond for the seller, at 10%/day
the rest is sold normally
(inside the seller's exemption allowance: tax only — no retention)
COMMITMENTS ─────────────────────────────────────────────────────
holders open bonds directly at 15%/day (10% base + 5 boost)
their tokens join the reward pool
the boost lives until the wallet moves a token out — then it is
gone for good on those bonds
BONDS LIVE ──────────────────────────────────────────────────────
compound (+0.25 point, max once per 6h, effective rate capped at 20%/day)
claim (no reset)
POOL EXHAUSTED ──────────────────────────────────────────────────
payouts stop; PoolExhausted is emitted
the reserve is finite by design
Why you must buy before you can sell
At launch the liquidity band ends exactly at the starting price, so it holds only tokens and no ETH. There is nothing to pay a seller with until buyers have moved the price into the band.
This also means the pool reports zero active liquidity in the first moments. That is expected, not a fault.