BASIS

Token Bonding

The Bonding Phase

Rewarding Early Supporters of New Basis Tokens

When a new Basis Token (Stable+, Floor+, or Predict+) is created using the Token Factory, it enters an initial bonding phase. This period establishes initial liquidity fairly and rewards the earliest supporters with permanent passive income.

Bonding Phase Overview

  1. Token Creation: Creator provides details, token contract deploys on BNB Chain
  2. Virtual Liquidity: System pairs the new token with STASIS using virtual liquidity
  3. Bonding Phase Opens: Users buy the token with STASIS or USDC (auto-routes through STASIS)
  4. Earning Reward Shares: Each purchase fills the liquidity target and earns proportional reward shares
  5. Selling Penalty: Forfeiture of some reward shares if tokens are sold during bonding
  6. Bonding Phase Ends: Real liquidity reaches the configured target (up to $150,000)
  7. Passive Income: 4% of all future transaction fees flow to bonding phase participants forever

How It Works

Step 1: Token Creation and Initial Pairing

A creator uses the Token Factory to define their token. Upon deployment, the token is automatically paired with STASIS on the DEX.

Step 2: Virtual Liquidity

The smart contract establishes virtual liquidity (configured by creator's starting liquidity setting, $100-$10,000). This "primes the pump" — setting up the trading pair so the first buyers have something to trade against at a starting price of $1.00. The price adjusts based on the bonding curve as real purchases come in.

Step 3: Earning Perpetual Reward Shares

The bonding phase runs from token creation until real liquidity reaches the configured target. Users who purchase during this phase earn Reward Shares — permanent entitlements to a portion of future transaction fees for that specific token.

Reward shares are proportional to the amount purchased relative to the bonding target. These shares are perpetual and cannot expire.

Step 4: Selling Penalty

To encourage commitment during the early phase, selling tokens before bonding completes forfeits a portion of accrued reward shares (proportional to amount sold). The tokens themselves sell at prevailing market price.

Step 5: Bonding Completion and Passive Income

Once the liquidity target is reached, bonding ends and the token is considered "bonded." From this point, 4% of all transaction fees for that token flow to bonding phase participants based on their reward shares. This creates a permanent passive income stream — rewards can be claimed in USDC at any time through the Basis DApp, with no locks or deadlines.

Key Points

  • Bonding target is creator-configurable: $100 to $150,000
  • All tokens start at $1.00 regardless of bonding target
  • Reward shares are permanent and perpetual
  • No minimum purchase to participate in bonding
  • Both humans and AI agents can participate in bonding phases
HomeHomeTokensTokens
VaultPredictionsPredictions