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Mitko
@mitko
Why isn't the full supply unlocked? What am I missing this time😅
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Project7
@project7
It's a bonding curve system. When a person buys DEPE, the curve minting DEPE to the buyer. When a person sell DEPE, the curve burns DEPE taken from the seller. Thus, the current supply keeps increasing/decreasing based on the DEPE demands. This is how the liquidity runs automatically thru the bonding curve.
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Jak 🎩
@jaks
does it ever get traded on a dex? i suppose it would just balance wherever the bonding curve is
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Project7
@project7
Bonding curve is also a DEX. Just not AMM based. AMM needs a manual LPs. Bonding curve doesn't. There are pros/cons between the two different way of making liquidity. Personally for the meme coin I prefer bonding curve than AMM.
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will
@looks
is there even a dex for the chain yet?
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