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price— ETH
reserve—
supply— / 21.00M
vol 24h—loading…
swaps 24h—loading…
curvesupplyprice
cap 21mminted —price — eth
initial price 4.76e-6 ETHp(0) = S/K = 100 / 21,000,000 ≈ 4.76e-6 ETH per token. The cheapest possible price on the curve, paid by the genesis buyer.·spot price (S/K)·e(eth/S)p(eth) = (S/K) · e^(eth/S). The marginal price grows exponentially with cumulative ETH input. S = 100 sets the steepness, K = 21M is the asymptote.·burn-on-fee 0.30%0.30% of every swap (buy and sell) is permanently sent to the 0x...dEaD address. Locked tokens never re-enter circulation, so the floor price (reserve / circulating) only ratchets up.·deprecation cycle 99% → 95%When circulating supply (totalSupply minus DEAD) crosses 99% of K, buys are paused. As sells continue and burns accumulate, circulating drops; when it falls below 95% of K, buys auto-resume. The curve cycles between active and deprecated forever — no death spiral.active
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supply
circulatingTokens held by users. Total supply minus the portion permanently burned to 0xdEaD via fees.
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locked at deadNAKA permanently burned to 0xdEaD via the 0.30% trading fee on every swap. Monotonically increases. Never returns to circulation.
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totalCirculating + locked. Protocol's total existing supply, asymptotically approaches the cap.
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capK = 21,000,000. The asymptote of the bonding curve. Self-deprecation halts minting at 99% of K (~460 ETH cumulative input).
21.00M
price
floorreserve / circulating supply. The reserve-backed lower bound. Burn-on-fee makes this ratchet up. The floor only goes up.
—— eth/token
marginalCurrent spot price on the curve: p(eth) = (S/K) · e^(eth/S) with S = 100, K = 21M. Rises exponentially as cumulative ETH grows.
—— eth/token
floor / marginalFloor as percentage of marginal. Higher = more reserve coverage per circulating token. Trends toward 100% as supply burns and reserve persists.
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reserveETH held by the hook contract. Pays out to sellers along the inverse curve. No admin can drain it.
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status
% to capCirculating-supply progress toward the 99% × K deprecation trigger. When circulating crosses the line, buys are paused; when subsequent sells push circulating below 95% × K, buys auto-resume. The flag cycles back and forth — it does not lock.
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stateCurve state. Active = minting allowed via the buy path. Deprecated = buys paused after circulating crossed 99% × K. Sells always continue; once circulating drops below 95% × K, the flag clears and buys auto-resume.
active
volume
vol 24hTotal ETH flow in the past 24 hours: sum of ethIn from Buy events and ethOut from Sell events. Burn-portion not separately netted.
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swaps 24hTrade count in the past 24 hours: Buy events plus Sell events from the hook contract.
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holdersUnique addresses with positive NAKA balance. Reconstructed by replaying Transfer events over a recent window. Approximate (a long-dormant holder might be missed).
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flows 24h · per hour
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24h agonow
naka. a fair bonding curve on ethereum.
issuance through a single curve. no admin, no pause, no upgrade.
fees burn supply. the floor only goes up.
p(eth)=(S/K) · e(eth/S)·S = 100, K = 21,000,000