Core Mechanism

The Renatus Protocol orchestrates tokens across two distinct lifecycle phases: Bonding Phase and Graduated Phase. This architecture ensures stable, predictable early-price discovery and then transitions to a robust PancakeSwap V3 environment with permanently locked liquidity.

Bonding Phase

  1. Launch Requirements

    • Fixed Protocol Fee: Project pays a 100 Renatus token fee.
    • Optional Initial Buy: A small, capped “initial buy” may be performed to seed early liquidity and signal confidence, but it is restricted to avoid malicious price manipulation.

  2. Token Structure

    • Configurable Initial Supply: Anywhere between 100 million (100M) and 1 trillion (1T) tokens.
    • No Pre-mines: All tokens enter circulation through the bonding curve mechanism.
    • No Hidden Allocations: Transparency is guaranteed, with 100% of tokens locked into the bonding pair at launch.

  3. Bonding Curve Mechanics

    • Emission Mechanism: The RenatusPair acts more like a specialized “minting curve” rather than a conventional AMM.
    • Proportional Scaling: A parameter called base constant (K) scales automatically with supply to ensure consistent economics.
      • This means a similar dollar amount (approx. $21,000 worth of Renatus tokens) is required to “graduate” the token, regardless of the chosen supply.
    • Protocol Tax (1%): While the token is trading on the bonding curve, a 1% fee (collected in Renatus tokens) goes to the protocol.
    • Asset Rate Updates: The bonding contract owner may periodically update the “asset rate” to match USD fluctuations in the Renatus token’s price. However, once a specific token’s bonding has started, its own asset rate remains fixed.
    • Graduation Trigger: Graduation occurs when the agent token’s on-chain reserves reach 12.5% of the initial supply, signifying enough has been purchased to move to the next phase.

Graduated Phase

When the bonding curve threshold is reached, the token automatically graduates:

  • PancakeSwap V3 Pool
    The system creates a new liquidity pool between the graduated token and Renatus on PancakeSwap V3.

  • Immutable Liquidity Lock

    • 50% of the newly created V3 liquidity is locked forever.
    • The remaining 50% is assigned to the token holders, but it vests linearly over 12 months in the LiqLocker contract.

  • Holder Migration
    Buyers who held the token at graduation must migrate their tokens to a newly generated GraduatedToken contract. This migration grants them their share of the vested liquidity and associated trading fees.

  • Post-Launch Tax Control
    Token creators can only adjust a narrow set of parameters—mainly tax rates (downwards only), tax exclusions, and tax recipients. Once locked, these settings become immutable, building long-term trust and stability.

This two-phase approach ensures a fair initial distribution with clear cost to graduates, alongside robust liquidity in the graduated phase. Meanwhile, early investors are rewarded with vested liquidity shares and claimable fees, aligning incentives for ongoing success.