How do talent introductions work?

How does it work?

Launching a new athlete token happens in two phases.

Phase 1 — Bonding Curve When a new athlete token is introduced, it starts on a bonding curve. This means the price increases automatically as more people buy in. There are no external liquidity providers — the mechanism itself sets the price. This phase ends when the token reaches a market cap of $100,000.

Phase 2 — Open Market Once the bonding curve graduates, the token moves to an open AMM market (DAMM v2). From this point, tokens are available to trade freely, the price is determined by supply and demand, and anyone can buy or sell at any time.

After initial bonding curve → markets open.

Updated on: 21/02/2026