Bonding curveBrand-new tokens trade on a bonding curve: a formula that raises the price as more is bought. Once the market cap hits the graduation target, the token moves to a normal open market.Reward launchThis token charges an on-chain tax whenever it moves, including buys, sells, and wallet transfers. For reward launches, the collected amount funds holder payouts in the paired asset.1.0% token taxA percentage withheld on-chain whenever this token moves, including buys, sells, and wallet transfers. For reward launches it funds holder payouts.vs SPYXSPYX is a tokenized version of S&P 500 index fund (SPY) trading on Solana (an xStock). Tracks the 500 largest US companies, the broadest 'the stock market' bet. Why it's the pair: the launcher chose SPYX, usually because the meme is about it. It sets what this token is priced in and, on a reward launch, what holder payouts are paid in.
Bonding curveBrand-new tokens trade on a bonding curve: a formula that raises the price as more is bought. Once the market cap hits the graduation target, the token moves to a normal open market.Reward launchThis token charges an on-chain tax whenever it moves, including buys, sells, and wallet transfers. For reward launches, the collected amount funds holder payouts in the paired asset.1.0% token taxA percentage withheld on-chain whenever this token moves, including buys, sells, and wallet transfers. For reward launches it funds holder payouts.vs SPYXSPYX is a tokenized version of S&P 500 index fund (SPY) trading on Solana (an xStock). Tracks the 500 largest US companies, the broadest 'the stock market' bet. Why it's the pair: the launcher chose SPYX, usually because the meme is about it. It sets what this token is priced in and, on a reward launch, what holder payouts are paid in.