Jungle Bonding Curves

Bonding curve refers to the stage of token creation where users can buy and sell new tokens before they get listed on DeJungle Exchange.

As users swap ETH for new tokens the market cap grows according to a pre-set bonding curve. Once the market cap reaches a specified value in the curve the newly created token is given a gauge on DeJungle Exchange and liquidity is seeded. The LP token that supplied that liquidity is automatically burnt, ensuring no possibility of an LP rug and a true fair-launch ethos.

ETH collected in the bonding curve is swapped for zUSD and paired with the new token when listed on DeJungle Exchange to enable efficient dollar-denominated pricing on the new pair, remove pair volatility associated with ETH pairing, and enable easy liquidity provision for LPs.