The platform enables individuals to easily create and release a new token that can be traded instantly without requiring seed liquidity, and at a cost of less than $2. Deployers have the option to choose a name, ticker, and image for the token. Creators can promptly commence trading on a bonding curve, which is a mathematical model determining the token’s price based on its supply. Typically, the price increases as more tokens are purchased.
Upon reaching a predetermined market capitalization threshold, liquidity is added to a decentralized exchange and the tokens are burned. This process enhances the stability and reliability of the newly launched tokens.
