š Bonding Curve
Last Updated: 2025/2/14
Supply vs Price
The Spotlight Protocol utilizes a bonding curve mechanism based on an exponential function to determine the value of assets as they are purchased or sold. The function that drives this mechanism is:
Where:
y is the resulting price in terms of $IP.
A is a constant that sets the base value of the curve, influenced by the protocol's settings and initial conditions.
x is the input variable, typically representing the amount of the token supply that are minted.
B is the parameter that determines the steepness of the curve, influencing how the value changes as x increases.
Key Points
Initial $IP Reference:
The initial reference price of the asset (referred to as $IP) is set at $2. This acts as the baseline price before market dynamics come into play.
Dynamic Parameters Based on Market Conditions:
The parameters A and B may change based on market conditions. Will have the announcement in advance.
This dynamic adjustment ensures that the bonding curve adapts to reflect the economic environment and maintain equilibrium within the protocol's ecosystem.
Token Supply
Total Supply: 1B
80% of the token supply is allocated to the bonding curve.
20% of the token supply will be added to PiperX DEX once the bonding curve reaches a certain threshold.
Bonding Curve Info
Current $IP Price Reference
IP Price reference
$6
Create token fee
0.1 $IP
listing token fee
200 $IP
Initial FDV
$4200
Graduation FDV
$69,000
Liquidity on Bonding Curve
~ 3089 $IP
Tokens before 2025/3/3 05:30 UTC +0
The IP price reference will remain at $2 for the tokens created before March 3, 2025, 05:30 UTC. Please exercise caution when purchasing tokens.
IP Price reference
$2
Create token fee
0.1 $IP
listing token fee
600 $IP
Initial FDV
$4200
Graduation FDV
$69,000
Liquidity on Bonding Curve
~ 9266 $IP
The token before: 0x85382819A9a9F696AD8BFB875B64800CeFC3e4DC
(We will have clear indication in the following update)
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