How it works

Anyone launches a token in one transaction: name, ticker, image. The whole supply (1B) is minted to the bonding curve. You pay a small launch fee and can make your own first buy in the same transaction, so nobody can front-run you.

The curve is a constant-product market with virtual reserves (the pump.fun mechanic): every buy raises the price, every sell lowers it, the contract itself is the counterparty. No liquidity providers, no platform capital: every zkLTC on the curve came from a buyer. A 1% fee on each trade goes to the protocol. Transfers are locked until graduation, so nobody can build a competing pool early.

When the curve holds the threshold amount of zkLTC, the buy that crosses it graduates the token in the same transaction: the zkLTC (minus a 1% graduation fee) and the matching amount of tokens open a Uniswap V2 pool at the same price the curve ended at, the LP tokens are burned so the liquidity can never be pulled, and the unsold remainder of the supply is burned. From then on the token trades on the DEX and transfers are free.

Curve parameters are a per-token snapshot taken at launch; the platform can change defaults for new launches without touching existing tokens. On testnet they are deliberately small so graduations happen with faucet money.

Network: LitVM LiteForge (Litecoin L2 testnet), chain id 4441. Testnet only, zkLTC has no real value.