> For the complete documentation index, see [llms.txt](https://degen-skulls.gitbook.io/degen/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://degen-skulls.gitbook.io/degen/token-launch/lp-lock-and-provisioning.md). # LP Lock & Provisioning ## 💀Meme On. Chaos Optional. You Choose. **We don’t censor chaos** — we expose it. The tools are yours. The visibility is everyone’s.\ At launch, creators can choose their chain, but LP tokens will always be 100% locked once the token graduates. There are no partial lock options — full transparency and full commitment. ### 🆙 **Token Supply Breakdown** Every meme token launched through the platform starts with a **fixed total supply of 1,000,000,000 tokens**. Here’s how that supply is distributed: | **Allocation** | **Description** | | --------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **20.69% → LP Provision** | Reserved to create the liquidity pool with SOL or XNT when the token graduates from the bonding curve. These tokens are paired with buyer funds and sent to the DEX. | | **79.31% → Bonding Curve Buyers** | Sold progressively to early buyers via a bonding curve. Prices increase with demand. These holders receive the majority of the supply. | | **0% Remaining / Mint Cap** | After graduation, no additional tokens can be minted. The entire supply is either distributed through the curve or used for LP — **no inflation and no dev mint**. | *** ⚠️ **If Token Fails to Graduate**\ If the market cap goal isn’t reached: * The token remains stuck in bonding curve limbo * No liquidity pool is created * Funds remain locked in the bonding curve * The creator receives nothing **There will be no refunds**, as the funds are locked in the curve, and the token is effectively dead unless more buyers arrive to push it to graduation. **No creator reward** will be issued unless the token graduates by reaching the market cap and the liquidity pool (LP) is created. *** ### 🔒 **What’s LP Lock?** When your meme token graduates from the bonding curve (by reaching the target market cap, e.g. **\~424.2 SOL**), the protocol automatically creates a liquidity pool using: * **The LP Provision tokens** (20.69% of total supply) * **The SOL (or XNT, on X1)** raised from bonding curve purchases This pairing generates LP tokens, which represent ownership of the trading pool on XDEX. You — the creator — then choose **how much of those LP tokens are locked** in a time-locked smart contract, and how much you want access to immediately. Once your token graduates, 100% of the LP tokens will be locked in the smart contract to ensure full transparency and security. 💡 **Graduation happens when your token reaches a market cap of 424.2 SOL through bonding curve purchases.** There’s **no upfront fee for creators** — the graduation cost is covered entirely by buyer demand. Once the cap is hit: ✅ The token auto-graduates\ ✅ LP is created\ ✅ Your trading pool goes live *** ### 💀 **Skull Holder Bonus** When a token graduates, the protocol automatically deducts **1 SOL from the bonding curve pool as a graduation reward**. | | | | --------------------------------------------- | ---------------------------------------- | | ✅ **If the creator holds a Degen Skull NFT:** | That **1 SOL is paid directly to them**. | | ❌ **If they don’t:** | It’s sent to the **protocol treasury**. | This creates a permanent incentive for creators to **hold a Skull — turning every successful launch into a payday**. 💡 Skull holders don’t just launch for free — **they launch with benefits**. *** ### 💡 **Why This Matters** We don’t censor rugs — **we just make them obvious**.\ We don’t ban. We expose. Launch how you want — just know it’s **on-chain, and on display**. *** ### 🔥 **TL;DR** * Tokens start with a **fixed 1B supply** * **20.69% goes to LP**, the rest sold via bonding curve * **Graduation = 424.2 SOL market cap** * If the token doesn’t graduate, it’s stuck — **no LP, no refunds, no creator reward** * **LP lock is creator-selected** and publicly visible * **NFT holders get paid 1 SOL at graduation** * Rug or rise — it’s your meme. 💀 Degen decides. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. 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