The bonding curve
Every launch starts on a Meteora Dynamic Bonding Curve (DBC). This is a virtual constant-product curve that prices your token against SOL without you having to deposit liquidity up front.
At 30 SOL of starting market cap, the curve opens for trading. As people buy along the curve, price climbs; as they sell, it falls. When market cap reaches 400 SOL, the curve auto-graduates and the liquidity migrates to a permanent DAMM v2 pool — see Migration to DAMM.
At launch you pick one of four flat trading-fee tiers: 1% · 2% · 5% · 10%. The fee is collected in SOL on every trade. Eighty percent of every fee goes to you, the creator; twenty percent to the protocol treasury.
We pin a Metaplex-style metadata JSON on IPFS pointing at your image and back at this site, then call the SDK’s createConfigAndPoolWithFirstBuy. Your wallet signs two transactions: one for the curve config, one for the pool plus a small starter buy from your own wallet.
The starter buy isn’t a fee. You receive the tokens. We ask for it because seeding the first slot on the curve gives the launch a clearer first price tick.