The whole supply starts public
No presale, no team bags, no early allocations. Every launch mints its entire supply onto the curve, and the first buyer pays the same starting price as anyone else would have.
ReserveGraduation
allocations = 0Launch a token and let the curve set the price. Every buy and sell settles against a bonding curve until graduation seeds the DEX. Custody by contract, from first trade to listing.
Pay from any chain · settled on NEAR
Price discovery
Staked liquidity · only on NEAR
When a NEAR pair graduates, its raise is staked into LiNEAR before it seeds the Rhea pool, and the LP is locked for good. Staking rewards and every trade's pool fee flow back in, so a graduated pool gets deeper on its own, block after block. Trades still settle in plain NEAR.
An Umbra pool, in NEAR
illustrative, 6.5% · before fees
Live feed
Live on NEAR mainnet
The protocol
No presale, no team bags, no early allocations. Every launch mints its entire supply onto the curve, and the first buyer pays the same starting price as anyone else would have.
allocations = 0The NEAR reserve sits inside the curve contract. There is no withdraw path before graduation.
reserve locked on curveBuyers pay from Bitcoin, Ethereum or Solana. NEAR Intents solvers settle into the curve.
1Click APIWhen the reserve reaches the threshold, the curve closes itself and the liquidity is committed to the DEX. No team decision, no timing games, no way to stop it.
reserve ≥ threshold → graduate()Lifecycle
Four moves carry a token from nothing to a listed market. Every one of them is public. There is no privileged path up the curve.
create_token()Name it and launch it. The full supply is minted straight onto the curve. No presale, no team allocation, no privileged first buyer.
buy() / sell()Price comes from the reserve ratio, not an order book. Every buy moves it up the curve, every sell moves it back down. Two-way from block one.
get_curve_state()Each trade grows the NEAR reserve held by the contract. The feed shows every token's progress toward the graduation threshold in real time.
graduate()At the threshold the curve stops trading automatically. The reserve and remaining supply are committed to a DEX pool, and the market takes it from there.
Questions
Name it, launch it, and walk away from the keys. The curve sets the price and the contract holds custody until graduation.