- Basis points (bps)
- Hundredths of a percent. The pool fee split is expressed in parts of 10,000.
- Batch
- A time window within a fixed-price launch, with its own Merkle whitelist or public flag, an optional cap and a per-address limit.
- Bonding curve
- A pricing function that sets the token price from the reserves on each trade; here constant-product with a virtual quote reserve.
- Cliff / linear release
- A period with no release, followed by per-second proportional release until the full amount is available.
- Creator key
- The key creator fees accrue to on Curve Launch: an address, or a social handle later bound to a wallet.
- Creator-designated free allocation
- The front-end label for the optional airdrop reserve, the only free token allocation a fixed-price launch can contain.
- Fee split
- The division of the pool fee between the protocol, the platform, referrers and the creator, frozen per launch at creation.
- Graduation
- The hand-over of a launch from the curve to its own Uniswap v4 pool, at the final curve price, normally within the same transaction.
- Hook
- A Uniswap v4 contract invoked by the pool on swaps and liquidity events.
- Launch tier
- A configuration the operator enables: supply, fee and split, opening tax and window, and whether a verified creator is required.
- Locked liquidity
- A pool position held by a contract with no withdrawal function. The liquidity exists and is tradable, but no one can remove it.
- Market opening
- The moment trading opens in a fixed-price pool, 300 seconds after settlement. Every vesting schedule starts here.
- Merkle root
- A single hash committing to a whole whitelist or airdrop list, against which each participant proves inclusion.
- Opening premium
- An optional amount, 0 to 50%, by which the pool's opening price exceeds the sale price; fixed at creation.
- Pull payment
- A design in which recipients withdraw amounts credited to them, instead of contracts sending funds during other operations.
- Settlement
- The single transaction, which anyone can send, that finalises a successful fixed-price launch: token deployment, pool creation, burns and vesting.
- Soft cap / hard cap
- The minimum raise for a fixed-price launch to succeed, and the maximum it can accept.
- Success fee
- A share of the raise booked to the protocol treasury at settlement: 1% in this deployment, at most 3%.