Skip to main content

​
What is Graduation?

When a token’s bonding curve pool accumulates enough KAS to reach the graduation threshold, the token “graduates” — it transitions from the internal bonding curve market to a DEX (Krokoswap).

​
Graduation Flow

1

Threshold Reached

The kasReserves in the pool reaches graduationThreshold. The token becomes fulfilled.
const info = await factory.getTokenInfo(token);
// info.fulfilled === true, info.graduated === false
2

Liquidity Migration

The platform automatically migrates liquidity from the bonding curve pool to Krokoswap DEX. No user action needed.
3

Graduated

The token is now live on DEX. The graduated flag is set to true.
const info = await factory.getTokenInfo(token);
// info.fulfilled === true, info.graduated === true
4

CTO Available

Community Governance becomes available. Token holders can elect a Council and participate in proposals.

​
Checking Progress

// Progress: 0-10000 (representing 0.00% - 100.00%)
const progress = await factory.getBondingCurveProgress(tokenAddress);
const percent = Number(progress) / 100;
console.log(`${percent}% to graduation`);

// Or check reserves directly
const info = await factory.getTokenInfo(tokenAddress);
const params = await factory.getTokenParamVersion(tokenAddress);
const remaining = params.graduationThreshold - info.kasReserves;
console.log(`${ethers.formatEther(remaining)} KAS remaining`);

​
After Graduation

ActionBonding CurveDEX (Krokoswap)
BuyNot availableAvailable
SellNot availableAvailable
Price sourceN/AKrokoswap pool
Calling buy() or sell() on MemeFactory for a graduated token will revert.

​
Community Governance (CTO)

After graduation, the token unlocks Community Take Over (CTO) features:
  • Council Election — token holders vote to elect council members
  • Proposals — council members create proposals
  • Community Voting — token holders vote on proposals by locking tokens
  • Tax Configuration — community can set token transaction tax via proposals
See the Community Governance section for details.