The bonding curve

There is no order book and no counterparty. The price is set by a formula: the more tokens are bought, the higher the price climbs, along a curve fixed at launch and impossible to change afterwards.

The creator picks the bonding target (how much needs to be raised before the token migrates) between 3 and 6.5 ETH. The target only changes the scale, never the shape: the price multiple from launch to migration is roughly 4.5× at any target.

A lower target migrates sooner; a higher one leaves a deeper pool behind.

Refunds, the part that matters

On a normal launchpad, if you buy at a $20K market cap and the price halves, you have half your money. Here you get your contribution back instead, minus the fee, whatever the price has done.

Buy in at any market cap, at any point on the curve, and withdraw at any time before it bonds. Price movement alone can never wipe you out: the only thing you ever risk is the service fee.

Launch modes

The creator’s share of the trading fee has three possible destinations. The choice is made at launch and cannot be changed.

Fees

The refund fee does not go to the creator. That is deliberate: a creator should never profit from someone leaving.

Referrals

Every profile has a referral link. Share it, and anyone who buys through it is tied to you on that token permanently, on-chain, with nothing to claim and nothing to register.

How the link works

Your link is archimemes.fun/?ref=<your address>, or the shorter archimemes.fun/r/<your code> if you have set a profile code. The address is carried into the first buy that person makes and written into the token’s contract.

Two things follow from that, and both matter:

It is set once per token. The first buy decides it. Nobody can overwrite it afterwards: not the buyer, not another referrer, not us.

It is stored per token, not per user. Referring someone to one token does not enroll them on every other one. Their next buy on a different token records you again only if they still arrive with your link.

You cannot refer yourself: the contract rejects a referrer equal to the buyer.

What you earn

When someone you referred pays the 1% fee, 25% of that fee goes to you, sent straight to your wallet in the same transaction, with nothing to claim.

Where to find your link and your earnings

The link is on every token page and in the Referrals tab of your profile, which also shows what has been paid to you so far. Payouts arrive automatically as they happen, so there is no balance to withdraw.

Migration

When the curve reaches its target the token bonds: everything raised, minus the platform fee, goes into a Uniswap pool together with the remaining token supply.

The LP tokens are sent to a burn address. Not locked, not vested: destroyed. Nobody can ever pull that liquidity out, including us. You can verify it on the explorer: the LP balance sits at an address whose private key does not exist.

At the same moment the token’s owner() becomes the zero address. Every privileged function stops working, permanently.

Forced migration

Once a curve passes 70% of its target, anyone can force the migration early for a flat 0.10 ETH fee. It exists so a token cannot be held hostage by a creator who has walked away.

After migration

The token trades on Uniswap like any other. A 1% tax applies to swaps against the pool (wallet-to-wallet transfers are free) and where it goes depends on the launch mode.

The tax accumulates inside the token contract and is converted in batches once it passes a threshold, rather than on every trade, because doing it every time would make trading far more expensive in gas.

Stock tokens

A stock token works like any other token on the curve, with one difference: a share of every trade is converted into a tokenized stock and paid out to the people holding it. Hold the token, receive the dividend. No staking, no claiming ritual, nothing to lock.

The stock is picked by the creator at launch: a tokenized AAPL, NVDA, GME and so on. It is the same asset for everyone holding that token.

The tax

The creator sets a trade tax between 0.5% and 5% per side, so up to 10% on a round trip. It applies to swaps against the pool; wallet-to-wallet transfers are free.

The tax accumulates inside the token contract and is converted in batches, once it passes 0.05% of the supply, rather than on every single trade, converting each time would make trading far more expensive in gas.

Getting paid

Dividends are pushed to holders automatically as they accrue. Below the payout threshold they sit as claimable and you can take them yourself from Profile → Stock rewards, which also shows what you have already received, token by token.

Selling the token stops future dividends. It does not touch what you have already been paid: that is yours, in your wallet.

Curve, fees and migration

Identical to a normal token: 1% on buys, 1% on refunds or sells, 5% of the raise at migration, and the LP burned when it bonds. Everything in The curve & refunds applies here too.

What to know before using it

The contracts are unaudited. They execute exactly as written and nobody has reviewed them independently. Read them on the explorer: they are verified.

The refund is a mechanism, not a guarantee of profit. It protects you from price movement while on the curve. It does not protect you after migration, and it does not make any token a good investment.

Scanners will flag these tokens. The token has a transfer tax, and the launchpad can reclaim tokens from a holder before bonding, which is how refunds work mechanically. No automated tool can tell that apart from a malicious contract, so expect warnings and read the code yourself.

Most tokens fail. That is true of every launchpad. This one changes what happens to your money while the token is on the curve, not the odds that it succeeds.