Design guarantees
Fair launch, locked LP, on-chain settlement.
Trancepad is designed for fair, transparent launches. That is not the same as risk-free.
What the protocol enforces
- Full supply starts on the bonding curve. No hidden team allocation at create.
- At graduation, liquidity is locked (Uniswap V4 NFT in LiquidityLocker in production). There is no unlock button for creators.
- Create requires a fresh enough ETH/USD oracle reading to snapshot the USD target.
- Trades settle on-chain. The API records confirmed receipts; it does not mint price.
- Raises escrow funders' USDG; refund and claim paths stay open after fail/success as coded.
- Creator fee bps and USD graduation target are fixed at create for that launch. They cannot be rewritten later to raise tax or shrink the target underneath traders.
See also Fees and Graduation.