How to Buy or Sell Tokens on PancakeSwap SpringBoard
Academy
Product
2024-12-04

Disclaimer and Risk Warning: This content is for general information and educational purposes only, without representation or warranty. It should not be construed as financial, legal, or other professional advice, nor intended to recommend purchasing any specific product or service. You should seek advice from appropriate professional advisors.

Buying or selling tokens through PancakeSwap SpringBoard relies on the bonding curve. This pricing mechanism helps maintain token prices adjust dynamically based on supply and demand. Here's everything you need to know to get started.

What is a Bonding Curve?

A bonding curve is a mathematical formula used to determine token prices relative to the total supply. The price increases as tokens are purchased and decreases when tokens are sold back to the curve. This mechanism helps maintain:

  • Transparency: The pricing follows the bonding curve, and its progression is visible to all users.
  • Built-In Liquidity: The curve allows tokens to be bought and sold without requiring an external market.

This model is commonly used in token launchpads as it helps maintain a structured trading process while enabling liquidity from day one.

Buying Tokens on PancakeSwap SpringBoard

Step 1: Connect Your Wallet

  1. Visit PancakeSwap SpringBoard.
  2. Ensure your wallet is connected to the BNB Chain.

Screenshot 2024-12-06 at 11.49.42 PM.png 4. Click “Connect Wallet” and select a compatible wallet such as MetaMask, Trust Wallet, or Phantom.

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  1. Verify the connection on your wallet.

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Step 2: Choose a Token

Browse the list of tokens available for trading. Key information displayed includes:

  • The token's current price.
  • Total tokens traded and remaining supply.
  • Project details and associated links.

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Step 3: Enter the Amount to Buy

1. Specify how many tokens you wish to trade.

2. The platform will calculate the total cost based on the current bonding curve price.

Screenshot 2024-12-04 at 2.15.38 PM.png

Step 4: Confirm Your Purchase

1. Review the transaction details, including the calculated cost and fees. 2. Click “Trade” and approve the transaction in your wallet. 3. Once the transaction is confirmed, the tokens will be added to your wallet.

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Selling Tokens Back to the Bonding Curve

SpringBoard allows participants to sell tokens on the bonding curve if they wish to exit before the token migrates to PancakeSwap DEX. Follow these steps:

Step 1: Access the Token Page

Return to the SpringBoard page of the token you want to sell.

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Step 2: Specify the Sell Amount

Enter the number of tokens you wish to sell. The platform will calculate the amount of BNB (or other paired tokens) you’ll receive. Selling the tokens via the bonding curve on PancakeSwap SpringBoard incurs a 1% trading fee, with a minimum fee of 0.001 BNB.

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Step 3: Complete the Transaction

  1. Review the transaction details.
  2. Click “Confirm” and approve the transaction in your wallet.
  3. The proceeds will be credited to your wallet once the transaction is confirmed.

Additional Notes:

  • Liquidity Transition:

Once the bonding curve reaches 100% funding, token trading stops on SpringBoard, and the liquidity is paired on PancakeSwap for open-market trading.

  • Transaction Fees:

Account for trading fees when buying or selling tokens on SpringBoard.

What Happens After Liquidity Is Provided on PancakeSwap DEX?

Once liquidity is provided on PancakeSwap DEX, with 100% of the funds from the bonding curve paired, the liquidity tokens will be securely locked in a third-party platform, GoPlusLabs. PancakeSwap does not have access to manage or remove the liquidity pool (LP), and it will remain locked.

Following this, the "seeding" process begins: the raised funds and project tokens will automatically be paired in the PancakeSwap v3 (1% Pool). A 2% liquidity seeding fee will apply, with 50% of the fee returned to the token creator and the other 50% directed to PancakeSwap SpringBoard.

Token holders can start trading on PancakeSwapthe. Participants can also stake LP tokens to earn CAKE if the project has joined the Farm Program (invited by PancakeSwap’s chefs).

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To trade or explore token details:

1. Search for the Token

2. Follow the Guides

Following this guide, you can now confidently participate in token launches on PancakeSwap SpringBoard!

Happy trading
The Chefs

Disclaimer & Risk Advisory:

  • Restricted Regions: Users from the United States, China, or other restricted jurisdictions are not eligible to use the platform. Please ensure you comply with your local laws and regulations before using PancakeSwap SpringBoard.
  • Risk of Loss: Meme coins and digital assets are highly speculative and can be extremely volatile. It is crucial to conduct thorough research and fully understand the risks involved before creating or investing in any project. PancakeSwap does not endorse or guarantee the success, value, or profitability of tokens created on PancakeSwap SpringBoard. Users are solely responsible for the decisions they make regarding token creation and investment.PancakeSwap SpringBoard.
  • Digital Asset Risks: The value of meme coins and digital assets can fluctuate significantly, and there is a substantial risk of financial loss. Participation in the creation, trading, or investment of meme coins should align with your personal risk tolerance and financial situation. Always invest responsibly.

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