🧩Core Concepts
Understanding these fundamental concepts will help you navigate Khensu Fun effectively and make informed trading decisions.
Fair Launch
What Makes It "Fair"?
Unlike traditional token launches where teams pre-mine tokens or receive allocations, Khensu Fun implements a true fair launch model:
Zero Pre-mine: No tokens are allocated to anyone before launch
Same Terms for All: Creators and traders buy from the same curve at identical prices
Starting from Zero: Every token begins with a $0 market cap
Transparent Pricing: The bonding curve formula is deterministic and public
Why It Matters
Fair launches eliminate common crypto pitfalls like insider dumps and unfair advantages, creating a level playing field for all participants.
Bonding Curve
How Pricing Works
A bonding curve is a mathematical formula that determines token prices based on supply:
Buy Pressure → Price increases as tokens are purchased (supply decreases)
Sell Pressure → Price drops as tokens are sold (supply increases)
Key Benefits
Instant Liquidity
Trade immediately without waiting for market makers
Automated Pricing
No order books or manual price setting
Predictable
Price movement follows a known formula
Graduation
When a token reaches 6,900,000 HTR market cap, it automatically "graduates" from the bonding curve to Dozer Finance—a full-featured DEX. At graduation:
Bonding curve trading stops
Liquidity migrates to Dozer Finance
LP tokens are permanently locked (no rug pulls possible)
See Graduation for full details on the migration process.
King of the Hill
The Competition
Khensu Fun features one prominent "King" token on the homepage:
Selection Pool: 50 most recently created non-graduated tokens
Winner: Token with the highest market cap in that pool
Benefit: Maximum visibility and exposure
This creates dynamic competition among new projects rather than letting old tokens dominate indefinitely.
Internal Balances
Sometimes Khensu Fun holds funds in the smart contract on your behalf—for example, when slippage protection means a trade uses less HTR than you sent. Check your Profile & Portfolio to withdraw any internal balances.
⚠️ Tip: Always check your Profile after trading!
Next Steps
Ready to trade? Follow our Quick Start guide
Want to launch a token? See Token Creation
Questions? Check the FAQ
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