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A MEOW/KAI pair prices MEOW in a creator index token. Stream performance updates KAI’s liquidity band and anchor; trading sets the market price. MEOW’s value in USDG depends on both markets.
Verifying the current market snapshot…
MEOW trades in KAI. Its USDG value changes with both markets. Start with 100 USDG, then adjust each price to see what your position becomes.
The creator token’s price in USDG.
Your coin’s price in the creator token.
100 × 0.80 × 1.00
The middle bar isolates KAI’s change; the final bar includes both price changes. Token quantity stays fixed. This calculation excludes fees, slippage and changes in USDG’s dollar value.
A factory records the launch, a bonding curve handles initial trading, and a locked liquidity position supports the graduated pair.
Choose the creator index token your coin will trade against. For example, a MEOW/KAI pair uses KAI as its quote asset.
$MEOW opens on a bonding curve quoted in $KAI rather than a stablecoin. The curve defines the token price as supply is sold.
At graduation, eligible reserves fund a full-range pool. Its LP NFT is held permanently by LaunchLocker. Unused reserves remain in the curve.
The weekly SPI update moves KAI’s liquidity band. The live signal moves its anchor inside that band. MEOW also has its own supply and demand.
A weekly score moves the band — the range managed liquidity occupies. A live signal moves the anchor inside it, minute to minute, while the stream is running. The live signal cannot move the weekly band.
A permissionless keeper call removes the old range, optionally swaps excess inventory and remints inside the slow oracle band. Loss and idle limits must pass.
Inventory drift when the index whipsaws
Trading against the index costs more than trading with it. The further price sits from the anchor, the wider the spread gets.
Paid by traders; distributed through escrow
A share of meme trading fees accrues in the creator’s token. Anyone can collect those fees into the floor vault, where they are permanently locked out of circulation.
Creator-token fees collected and permanently locked
Graduated coin pools hold a permanent full-range position in LaunchLocker. Creator-index floor liquidity is a separate integration.
Locked coin LP; index floor still planned
Creator index
Explore creator channels, current viewers and timestamped stream history from the connected index.
Open the creator index ↗Follow a launch from its first trade to locked liquidity. See where fees accrue, who can claim them and how the oracle moves the band.
Band trading
Marginal price before fees and price impact.
Block 60088713 · 2026-09-11 07:42:57.000Z
Verified mainnet snapshot