Protocol Architecture
Last updated
Last updated
Pumpkin introduces a novel architecture that empowers users to create instantly tradable tokens. Initially, these tokens are available for trading on Pumpkin’s bonding curve until their market cap reaches $69K or 20SOL has been added to liquidity. Once the bonding curve supply is sold out, the token transitions to Raydium, a popular decentralized exchange (DEX) on Solana.
What sets Pumpkin apart is its ability to ensure that token creators continue to earn trading fees even after the token graduates to Raydium. This is made possible by utilizing Concentrated Liquidity Market Maker (CLMM) pools.
The CLMM architecture also enables a unique in-app staking feature, allowing a portion of trading fees to be distributed to token stakers, enhancing the earning potential for the community.