🚀HnC Curvepad
Last updated
Last updated
First rug-free permissionless launchpad in the COSMOS.
A bonding curve is a mathematical formula that determines the price of an asset based on its supply. The formula is based on a simple principle: the more of an asset that is purchased, the higher its price becomes. Conversely, if an asset is sold, its price decreases. Bonding curves are designed to provide a continuous and smooth price curve that reflects the relationship between the supply and demand of an asset.
The most common type of bonding curve is the exponential curve. This curve is defined by the formula P = a * (1 + b) ^ S, where P is the price of the asset, S is its supply, and a and b are constants. The constant a represents the starting price of the asset, and b represents the "slope" of the curve. The higher the value of b, the steeper the curve, and the more sensitive the price is to changes in supply.
When a new asset is created using a bonding curve, the initial supply is usually set to zero, and the price is set to the starting price, which is determined by the value of a. As more people buy the asset, the supply increases, and the price of the asset rises accordingly. This creates a positive feedback loop, where the increasing price of the asset encourages more people to buy it, further increasing the supply and driving the price up.
The reverse is also true. If people start selling the asset, the supply decreases, and the price of the asset falls. This creates a negative feedback loop, where the falling price of the asset discourages people from buying it, further decreasing the supply and driving the price down.
One of the unique features of bonding curves is that they can be designed to have a liquidity reserve. This means that a certain amount of the asset is kept in reserve, and can be bought or sold at a fixed price. This provides a safety net for the price of the asset, and helps to prevent large fluctuations (rugpulls) in price due to sudden changes in supply or demand.
HnC Pad is a tool for startups and entrepreneurs to create their own cryptocurrency and launch an Initial Coin Offering (ICO) with ease. HnC Pad aims to make the process of creating and launching a cryptocurrency project as simple and accessible as possible. HnC Pad offers a user-friendly interface that enables users to create and customize their own bonding curve, set the token price, and automate the process.
