Overview

Glossary

Terms are listed alphabetically. Each is used with exactly this meaning throughout the documentation.

Anti-snipe tax. An extra fee on curve purchases in the first few blocks after a launch, starting at a 99% total fee and falling quickly to the normal fee. Off by default. See Anti-snipe tax.

Base fee. The fee on every curve trade, 1% by default, shared between the protocol and the creator.

Canonical pool. The trading pool a launch graduates into, where its locked liquidity sits. See Canonical pools.

Creator. The address that created a launch.

Creator buyback-and-vest. An optional feature that uses part of the creator's fee income to buy the launch's own token and release it to the creator over five years. See Creator rights and buyback-vest.

Creator recipient. The address that holds a launch's creator rights and receives its creator income. By default it is the creator.

Creator tax. An optional fee of up to 10% set by a standard-mode creator and paid to the creator on every trade.

Curve. The contract that holds a launch's tokens before graduation and sells them at a rising price. See Bonding curve.

Fee escrow. The contract that holds every fee and records who it belongs to until it is claimed. See Fee escrow and claims.

Graduation. The moment a launch's curve sells out and its reserves become locked liquidity in its pool. See Graduation.

Holder fee. The 1% or 3% fee on reward-mode pool trades that is shared among token holders.

Launch. A token created on GAMA, together with its curve, its creator rights and its pool.

Liquidity allocation. The 220,000,000 tokens (22% of supply) the curve never sells. They go into the pool at graduation.

Locker. The contract that holds each launch's graduation liquidity permanently.

Migration. A move of a launch's locked liquidity to a new pool on another approved trading venue, done in a single step. See Migration.

Pair token. The token a launch is priced in, such as ETH. See Pair tokens.

Protocol split. The list of destinations, up to eight, that share protocol revenue. See Protocol revenue.

Quote target. The amount of pair token a curve must raise to sell out. 7.8 ETH for ETH launches.

Reward mode. A launch mode in which holders share a fee on pool trades after graduation. See Holder rewards.

Sale allocation. The 780,000,000 tokens (78% of supply) the curve sells.

Standard mode. A launch mode in which the creator earns fee income and can set a creator tax.

Venue. An approved set of trading-pool contracts that launches can graduate into or migrate to.