How It Works
Tokens launch with 100% of supply on a linear bonding curve. Once the AVAX reserve hits the migration threshold, the token graduates to SnowDex with burned LP tokens, permanent rug-pull protection by design.
Every token launched on SnowForge goes through two phases: the bonding curve and graduation to SnowDex. Here's what happens at each stage.
Phase 1: Bonding Curve
When a token is created, 100% of the supply goes into a bonding curve pool. No pre-sales, no team allocations, no hidden wallets. Everyone buys from the same curve, starting from the same price.
The price follows a linear bonding curve: it starts low and rises as more people buy. If someone sells, the price drops back down. Fully on-chain and automatic, no order books or market makers needed.
During this phase, the pool collects AVAX from buyers. Once the AVAX reserve hits the migration threshold, the token automatically graduates.
Launch Transactions
Every token launch executes two transactions inside the single create call, in a fixed order:
- Buy & Burn — the creation fee (0.25 AVAX minimum) buys tokens from the freshly-deployed pool and immediately burns them. The creator can raise the burn amount up to 50% of the graduation target to seed stronger launch deflation.
- Dev Buy (optional) — the creator's own buy runs second, at the new price point created by the burn. The creator can skip this or push it up to the remaining room under the graduation cap.
Combined burn + dev buy cannot exceed the graduation threshold. If it hits exactly the threshold, the token graduates inside the same transaction — no bonding curve phase, direct to SnowDex.
Phase 2: Graduation to SnowDex
When the migration threshold is reached, the bonding curve automatically deploys a trading pair on SnowDex with the collected AVAX and the remaining unsold tokens as initial liquidity.
The initial LP tokens are permanently burned. No one can pull the liquidity, not even the creator. Rug-pull protection by design.
After graduation, the token trades on SnowDex like any other pair. Anyone can add their own liquidity and earn LP fees.
Curve Presets
When creating a token, you choose a curve preset that controls two things: how steeply the price rises during the bonding curve, and how much of the token supply becomes DEX liquidity after graduation.
Steeper curves allocate more tokens to DEX liquidity. This creates deeper post-graduation trading and narrows the gap between the first buyer's entry price and the graduation price.
| Preset | Price Range | DEX Liquidity |
|---|---|---|
| Stable | ~3x | 16% |
| Moderate | ~9x | 18% |
| High | ~19x | 20% |
| Extreme | ~99x | 40% |
- Stable: The flattest curve. Price rises gradually, giving later buyers a fairer entry. Best for tokens aiming for wide distribution and lower volatility.
- Moderate: A balanced option. Early supporters are rewarded without creating an extreme gap between first and last buyers.
- High: Steeper price curve. Early buyers pay significantly less than later buyers. Good for community launches that want to reward conviction.
- Extreme: The steepest curve with the largest DEX liquidity allocation. Designed to create deep post-graduation liquidity and moderate early-buyer advantage.
Token Allocation
The total token supply is split between tokens sold on the curve and tokens reserved for DEX liquidity. The exact split depends on the curve preset you choose.
For example, the High preset sells 80% of tokens on the bonding curve and reserves 20% for DEX liquidity at graduation. The Extreme preset sells 60% and reserves 40%, creating much deeper liquidity on SnowDex after graduation.
More DEX liquidity means less price impact on trades after graduation, which benefits all holders.
Anti-Snipe Protection
To prevent bots from front-running a launch, bonding curve pools include an anti-snipe window. During the first few blocks after the first buy, each wallet is limited in how much AVAX it can spend. The creator is exempt from this limit.
After the window expires, there are no per-wallet limits. This gives real users a fair chance to participate at launch without competing against sniper bots.
Creator Benefits
Creators earn a 0.30% fee on every trade during the bonding curve phase, paid out immediately in AVAX.
After graduation, creators continue earning a share of every SnowDex swap, starting at 0.80% for fresh pairs and decreasing as the pair's liquidity grows. See the Fees page for the full schedule.
Creators can also make an optional dev buy at launch. See Launch Transactions above for the full burn + dev-buy ordering.
Choosing a Fee Destination
- Creator — fees pay out directly to the creator wallet in AVAX (pre-grad) or WAVAX (post-grad). Simplest model.
- Diamond Cut — fees flow into a per-pool staking vault; stakers earn WAVAX weighted by lock duration.
- Buyback & Burn — every trade triggers an internal buyback and burn. No thresholds, no bots.
- Add Liquidity — fees stay in the pool forever, deepening reserves.