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As @ael-dev mentioned, MintClub tokens never technically "graduate"** from the bonding curve. Also as mentioned, being an ERC20 token, LP pools can be setup at DEXs, at any time, by anyone. This sets up arbitrage opportunities between the LP pool(s) and the bonding curve, which, in theory, should price the price into alignment. I find this concept fascinating, and would like to experiment with it (with woof or another token).
**MintClub tokens do have a max supply, which infers a maximum price. If a token fully minted out and the market began to value the token a price above the max price, then in theory it could effectively graduate from the bonding curve and all trading (above the max price) would happen on DEXs via LP pools. In that event, the "parent token" (degen for woof), would remain in the bonding curve contract. But as @ael-dev said, fully minting out is very unlikely for tokens with curves like $WOOF: it takes more and degen to make progress up the curve, and the incentives to sell grow. 2 replies
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