Launchpad

Launch your token in one transaction. It starts trading at once on a bonding curve, then graduates to the Reisa DEX with liquidity locked forever. As the creator, you earn from every trade.

Create a token#

You choose a name, a symbol, and a starting and graduation market cap in dollars. You can add a creator tax, LP rewards and team allocations. Creating a launch costs only gas.

Every token has a supply of 1,000,000,000, with no owner and no minting.

Some tickers are reserved for known assets: REISA, RESD, WETH, ETH, USDG, USDC, USDT, WBTC, BTC, SPY, NVDA, TSLA, AAPL, AMZN and MSFT.

Trade on the bonding curve#

Buyers pay in REISA. Every buy moves the price up the curve, and every sell moves it down, so early buyers get the lowest price. Each trade pays a 1 % curve fee.

You can sell back to the curve at any time before graduation. Your tokens wait on the curve, and you claim them at graduation.

Fair launch#

The first 20 seconds of every launch belong to real buyers, not bots. The buy fee starts at 80 % and falls steadily to 1 % over the first 20 seconds, so bots gain nothing by buying first. Sells pay only the normal fee.

Graduation#

When the curve sells out, the token graduates in the same transaction:

1. Its liquidity moves to a TOKEN/REISA pool on the Reisa DEX, at the curve's final price.
2. The LP tokens are burned. That liquidity stays in the pool forever.
3. Holders claim their tokens and trade them freely on the DEX.

After graduation, the token can also be paired with WETH, RESD and USDG.

Creator tax#

You can add a creator tax between 0 % and 5 %, chosen at launch and fixed forever. Traders pay it on every buy and sell. It goes to you, to a buyback that buys and burns your token, or straight to the burn address. Liquidity providers pay no tax.

What you earn as a creator#

You receive 25 % of two fees: the 1 % curve fee, and the swap fees earned by your token's locked launch liquidity on the DEX. Add your creator tax on top. Your earnings accrue in the app and you claim them whenever you like.

Rewards and allocations#

• LP rewards. Set aside 5 % to 50 % of the supply to reward people who stake the TOKEN/REISA LP token, paid over 2 to 108 weeks. See Farms.
• Allocations. Reserve up to 30 % of the supply for your team or partners, with a cliff and vesting that start at graduation.

At least half of the supply always goes to the curve, so the public gets the largest share.

Every launched token trades against REISA, and most of the protocol's share of its fees burns REISA. See REISA.