Bonding Curves & Graduation
The full lifecycle of a meme token on Embr — from initial launch on an augmented bonding curve, to graduation into a CPMM-based trading environment.
1. Augmented Bonding Curves
Trading on Embr uses an upgraded bonding curve system, enhancing standard launchpad mechanics. EmbrTokens (memes) are launched via augmented bonding curves that blend auction-based price discovery with dynamic community coordination.
These curves are engineered to:
Support rapid market cap growth in early stages
Avoid arbitrary dollar-denominated graduation caps that limit scaling
Embr bonding curves interpolate between a traditional exponential pricing model and the classic CPMM (xy = k) curve after a set amount of tokens have been sold. This ensures both fair early access and sustainable long-term liquidity dynamics.
2. Interaction with Chains of Chaos
Liquidity extractions from Chains of Chaos impact bonding curves directly. When INIT is removed from a bonding curve due to meme destruction, it constrains supply and steepens the curve. This increases the cost of future buys, introducing a high-stakes dynamic for survival.
3. Epoch-Based Graduation System
Unlike traditional models that rely on fixed funding thresholds, Embr uses a 12-hour epoch-based system to determine meme progression.
At the start of each epoch, a liquidity threshold is set. Memes must reach this threshold by the end of the epoch to be eligible for graduation.
Epoch Rules:
Starting threshold: 20,000 INIT
If one meme graduates, the next must reach 1.5x the threshold (30,000 INIT)
If no memes graduate in an epoch, the threshold decreases by 10%
Minimum threshold: 18,000 INIT
Bonding curve progress and threshold targets are publicly visible on each meme’s trade page.
4. Chains of Chaos: Pre-Graduation Filter
Before graduation, a meme must survive both Embr’s trading and game-based chaos:
Trading Phase
Standard bonding curve trading with organic price discovery
Game Phase (EMBR Game Phase)
Trading halts
Memes enter a competitive arena where players stake collateral to influence outcomes
Player strategy, risk tolerance, and meme preferences drive results
Chains of Chaos is probabilistic and strategic. Every choice matters. It adds an adversarial layer to token progression that prevents manipulation and rewards skilled coordination.
5. Post-Graduation: The Oasis
Graduation marks a meme’s transition into a new class of assets with broader game and liquidity utility.
What Changes:
Tokens now trade on a CPMM (xy = k) AMM model
Liquidity Providers (LPs) can participate
The meme’s bonding curve shuts down
Graduated memes gain access to a community-controlled treasury seeded from bonding curve liquidity and funded via trading fees.
6. Meme Treasuries
The meme treasury becomes a central capital pool for the community:
Treasury growth depends on trading volume and coordination
Stakers earn from the treasury based on time and contribution
Unlocking the Treasury
A threshold must be reached before payouts begin
The method to unlock is community-driven — trading, content, contributions
The longer and more actively you stake, the higher your potential reward
7. Forward Utility and Governance
Graduation is not the end — it’s the beginning of new strategic layers:
Future Phases:
Phase 2: Use treasuries as capital for team-based speculative PvP games
Phase 3: Explore DeFi mechanics like lending, yield farming, and cross-meme strategies
By ensuring that only highly engaged and battle-tested memes graduate, Embr aligns economic value with coordination, not just price or volume. This filters out weak projects and rewards real communities.
Summary
Embr’s bonding curve and graduation system works as a full-stack lifecycle for meme tokens — from speculative launch to strategic community assets. Its combination of curve-based pricing, game-theoretic filters, and time-based progression forms a foundation for sustainable, decentralized meme economies.
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