NTRPY Docs
Browse docs

Docs / Launch

Trading and graduation

A token starts on the curve. When the raise is complete, one transaction closes the curve and adds the graduation legs to the prepared market.

01 · CURVE02 · GRADUATION03 · MARKET Buy and sell One transaction Trade in the pool price rises with every buy curve closes, pool opens liquidity locked for good opening price follows the available token and quote legs

Buy on the curve

Tokens you buy go straight to your wallet. You can hold them, transfer them, or sell them back to the curve before graduation. Your cumulative sell budget comes from your direct curve purchases and claimed round tokens. Receiving tokens by transfer or reserved allocation does not add to that budget.

Before you confirm a trade, the screen shows:

What you pay and get
Requested quote, actual gross charge, unused quote and estimated tokens out
Price and impact
The current price and how far your trade moves it
Minimum received
The least output you accept; curve trades have no separate expiry argument
Total fee
The 1% fee, plus the live tax if the minute is running

Graduate

Tier The curve closes when
Express The raise reaches the target
Public and curated The raise reaches the ceiling, or the deadline passes with the raise above the floor. Below the floor it gets one more length, up to the number of extensions the creator set, then closes anyway

Anyone can trigger graduation once one of those is true. It does four things in one transaction:

  1. 01Pair the raiseThe reserve and pool-directed buy tax pair with the available token inventory.
  2. 02Open the poolThe raise enters the prepared pool. The opening price follows the two deposited legs.
  3. 03Lock the liquidityThe LP is held permanently. It is staked after the venue registers its pool; no withdrawal path exists.
  4. 04Burn the restUnsold tokens and the token side of the tax are burned, unless the creator chose the treasury at creation.

Graduation uses the curve reserve and any pool-directed buy tax. If the curve closes before the ceiling, available unsold tokens can match the extra quote at the last curve price. At the ceiling, sellable inventory is exhausted; pool-directed buy tax adds quote without another token counterpart, so the pool opens above the last curve price.

Direct curve buyers already hold their tokens. Early-round contributors claim their tokens and any unused quote from their round; the refund is a separate leg that stays claimable if its transfer fails.

Follow the fees

Curve trades pay a 1% base fee. A creator can add up to 0.25% at creation. Venue trading fees follow the venue’s rules.

70%

Creator payout

Plus the whole boost.

  • Claimed whenever the creator wants
  • Holders can take it over by vote

15%

NTRPY Capital

The platform's fund.

  • Buys into curated launches
  • Recorded snapshot holders claim proceeds

15%

Treasury

Runs the platform.

  • Funds operations
  • Burns CHAOS against revenue

No NTRPY token has a transfer tax. Harvested pool quote receipts enter FeeControl and follow 70/15/15; launch-token receipts go to treasury and other farm rewards go to Capital.

What graduation means

The curve met a graduation condition and its LP is held permanently. Graduation does not rate the token or promise demand. Venue registration is required to stake the LP and earn farm rewards.