Curves and graduation

Every Manna coin starts on a bonding curve: a formula that sets the price from how many coins have been bought. Each buy pushes the price up, each sell pulls it down, and there's always a price to trade at. When enough has been bought, the coin graduates: it moves to a regular DEX pool whose liquidity is locked forever. This page explains the three curves you can pick, what graduation does on each chain, and which pairs you can launch against.

The basics#

• Supply is fixed at 1 billion. On Solana the mint authority is removed at launch. On EVM chains the coin's contract has no mint function at all. Nobody can ever create more.
• Everyone trades on the same curve. There's no presale and no team allocation. The only way to get coins at launch is to buy them, including you (see Dev buy and locks).
• Price starts at the start market cap. Each pair has a preset start market cap, worth roughly $4,000 to $5,000. That's the value of the full 1B supply at the first trade.

Light, Normal and Heavy#

You pick the curve in section 3 of Customize everything. Quick launch uses Normal.

• Light graduates early, with less raised. Faster to the DEX, shallower pool.
• Normal is where most coins graduate.
• Heavy is a longer curve with more raised and the deepest pool.

Every curve starts at the same price. The coins left over at graduation fill the DEX pool at exactly the curve's last price, so the price doesn't jump when the coin moves.

What each curve raises#

On Base, Ethereum, Arbitrum and Optimism the ETH pair raises the same as Robinhood's ETH pair, and every USDC pair on the seven newer EVM chains raises the same as the USDG row (in USDC). BNB (5 BNB start), POL (40,000 POL) and AVAX (400 AVAX) pairs scale the same way: multiply the start by the curve's multiple to get the graduation market cap.

These numbers are approximate. They use each pair's default start market cap; a custom start market cap (for Manna-coin and pasted pairs) scales them. "Raised" is what buyers put in before graduation, before fees. The launch form shows the exact figures, in dollars when Manna has a price for the pair.

Example: an ETH-paired coin on the Normal curve starts at a 1.5 ETH market cap. About 3.8 ETH has to come in for it to graduate, at a market cap of about 16.5 ETH (11 × 1.5).

Graduation on Solana#

1. 1Your coin trades on a Meteora Dynamic Bonding Curve, set up by Manna.
2. 2When the curve fills, Meteora moves the coin into a Meteora DAMM v2 pool, shortly after the last buy.
3. 3Manna takes a 10% graduation fee from the amount raised. The curve is sized to raise a little more to cover it, so the pool still opens at the graduation price.
4. 4100% of the pool's liquidity is locked forever, held by Manna as Meteora's partner. Nobody, Manna included, can withdraw it.

After graduation, the pool charges the same total fee as the curve: 1% plus your creator fee. Manna's locked liquidity collects those fees, and every 15 minutes Manna's keeper splits them between Manna and your fee route, exactly like curve fees. Meteora caps a graduated pool's fee at 10%, so a coin whose total fee is above 10% trades at 10% after graduation.

Graduation on EVM chains#

Robinhood Chain, Base, BNB Chain, Ethereum, Arbitrum, Optimism, Polygon and Avalanche all run the same contracts, each against its own chain's Uniswap v4. On every one of them you choose where the coin trades before graduation, in section 3.

Manna curve (Classic)#

"Trades on Manna's own bonding curve, like pump.fun, and moves to Uniswap when it graduates. Bots see it after graduation."

1. 1The coin trades on Manna's factory contract. Each coin also gets a Uniswap-v2-style market record so data sites can find it.
2. 2The buy that sells the last coin on the curve graduates it. If that buy is bigger than what's left, it's capped and the rest is refunded.
3. 3In the same transaction, the money raised and the remaining coins go into a Uniswap v4 full-range pool, at exactly the curve's last price. If that step fails for any reason, the buy still succeeds and anyone can retry the move.
4. 4The pool's fee tier equals 1% plus your creator fee. The liquidity is owned forever by Manna's migrator contract, which has no function to remove liquidity. Only fees can be collected.

Bot-ready (Recommended)#

"The curve lives in a Uniswap v4 pool from the first second. Trade it on Manna or paste the CA into any bot or screener."

• The whole 1B supply goes into one Uniswap v4 pool at launch, in two ranges: the bonding curve (from the start price up to the graduation price) and the rest above it.
• Buying walks the price up exactly like a curve. Because it's a normal Uniswap pool, every bot, aggregator and screener can trade and track it from the first block.
• "Graduation" is simply the price passing the top of the curve range. There's no move and no pause.
• A Manna hook on the pool sets each trade's fee: your normal fee, raised by the sniper shield in the first seconds.
• The liquidity is owned forever by Manna's migrator, with no way to remove it.

No graduation fee on EVM#

Manna takes no graduation fee on EVM chains. Everything raised goes into the pool.

Fees after graduation on EVM#

Every 15 minutes, Manna's keeper collects the pool's fees and routes them like curve fees: Manna's 1% part and your creator fee along your route. Fees earned in your coin (from sells) are sold for the pair asset first. There's no curve to buy back from after graduation, so the burn slice joins the holders' Harvest Drops instead.

Pairs by chain#

The pair is the asset people buy your coin with, and the asset your fees are paid in. Here's what you can pick from on the launch page, with each pair's default start market cap.

Solana#

Robinhood Chain#

Base, BNB Chain, Ethereum, Arbitrum, Optimism, Polygon and Avalanche#

Each of these chains offers its native coin and USDC. There are no tokenized-stock pairs on them.

On BNB Chain, USDC is Binance-Peg USDC, which uses 18 decimals instead of 6. Manna handles that for you; it only matters if you build transactions yourself.

Manna coins and any token#

On every chain you can also pair with a Manna coin that has already graduated on the same chain, or paste any token address. For these, you set the starting market cap yourself. Manna blocks transfer-tax tokens on EVM, and on Solana Meteora only accepts standard SPL mints. Coins with a custom pair get a "Custom pair" tag.

Related#

• Launch settings
• Fee routes
• Sniper shield
• Contracts
• Risks