Economics
Graduation
$9,000 of stock in the pools. A badge, not a migration.
Every launch opens at a $4,000 market cap. The price follows a constant-product curve, so market cap grows as the square of stock deposited:
mcap = 4,000 × (1 + stock_in_pools / 4,000)²
| Stock in pools | Market cap |
|---|---|
| $0 | $4,000 |
| $1,000 | $6,250 |
| $4,000 | $16,000 |
| $9,000 | $42,250 ← graduation |
| $20,000 | $144,000 |
At $9,000 the token gets the Graduated badge and the progress bar fills. Nothing else happens: the pools were final from block one, liquidity was locked from block one, and trading continues exactly as before. The creator tax does not change either; it was fixed at launch.