Price Mechanism

Kreate.meme uses a bonding curve mechanism to determine token prices, ensuring fairness and transparency:

• Initial State:

  • Virtual Reserve: 2 ETH

  • Virtual Supply: 1,000,000,000 tokens

• Bonding Curve Formula: The platform uses a constant product formula: K = Reserve * Supply where K is a constant.

• Price Calculation: Current Price = (K * 1e18) / (Current Supply^2)

• Buying Tokens: When users buy tokens, the price increases along the curve.

• Selling Tokens: When users sell tokens, the price decreases along the curve.

This mechanism ensures that early adopters can purchase tokens at lower prices, while the price increases as more people buy in, rewarding early participants.