The mechanic

Two forces. Both point up.

There is no liquidity pool to dump into. Every token trades against its own on-chain vault, which only ever grows.

Buys notch the price up

Every buy mints tokens at the curve price and pushes it a notch higher. The price is stored on chain and can never move down.

price only increases

Sells raise the floor

Sellers redeem at the floor, and a slice of every exit stays in the vault. Sell pressure lifts the guaranteed value under everyone who stays.

sells make it stronger

A governor caps the gap

An on-chain rule keeps the backing high. The most you can lose, buying the top and dumping instantly, is capped on chain at 25%.

worst case bounded, on chain

See your own numbers on the calculator, or open the app.