Receipt 1
Sep 12Supports a sentence in The curve sells you the token. A cabal already owns the supply.
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The memecoin.wiki lexicon defines a bonding curve as a pricing mechanism in which a smart contract sells tokens along a mathematical curve, raising the price as more of the supply is purchased.
verified span
“- Bonding curve A pricing mechanism in which a smart contract sells tokens along a mathematical curve, raising the price as more of the supply is purchased.”
- Source
- memecoin.wiki https://memecoin.wiki/category/Lexicon
- Verification
- Span verified: the quoted text was found at the source at build time.
- Span SHA-256
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e796500ed7ce5f68002621c5b8a216bbe612e8c92d2b378f1af429bb0cac435b