# How Launches Work on America.Fun

America.Fun isn’t just another launchpad; it’s an open, transparent, and proudly American way to build and trade community-driven tokens on Solana.&#x20;

* One ticker per creator means no confusion or exploitation.
* The $AOL fee system fights spam while rewarding genuine participation.
* Burned LP tokens ensure long-term safety and trust.
* Recycling failed liquidity supports growth instead of waste.

At the end of the day, every contract ending in “USA” stands as a small reminder of what this project is all about: Getting Americans Online, Literally.&#x20;

#### 1. Token Creation. One Name, One Nation

When a user launches a new token on America.Fun, they pay a small fee in $AOL. This fee:

* Keeps the platform free from spam and bot-made junk,
* Acts as a token sink for $AOL, making it more valuable over time,
* And ensures everyone launching a token has real skin in the game. The American way.

Every ticker is unique and exclusive.\
Once a ticker is claimed, it’s locked for that creator while their token is live. If the token fails to “graduate” in time, the ticker is released and can be claimed by someone else.

And here’s the signature touch: every America.Fun contract ends with “USA”.\
That means when you see a token contract finishing with those three proud letters, you know it’s official, verified, and built on the real America.Fun system and not some knockoff trying to fool you.

No confusion. No duplicates.

#### 2. The Launch Phase. Let the Market Decide

This phase is powered by a bonding-curve contract: a smart system that determines price based on how much $AOL/$USD1 is flowing in. Here’s how it works:

* When users buy the token, the contract automatically mints new tokens and raises the price along a defined mathematical curve.
* The more people buy, the higher the price climbs. A true reflection of real, measurable demand rather than speculation or artificial hype.
* Users can also sell back into the curve, letting the market self-balance around genuine interest.
* Each trade also contributes a small fee, which flows back into the ecosystem to fund buybacks, creator rewards, and platform sustainability.

This bonding-curve stage acts as a pre-market price discovery mechanism. It’s where tokens prove themselves.\
Each token’s journey depends on two factors:

* The liquidity it builds (how much real value is being added), and
* The time it has to reach its goal.

If it hits the graduation threshold, which is a specific liquidity or market-cap milestone, within the set timeframe, the system knows it’s earned its place among the freely tradable.

That’s when graduation happens.

#### 3. Graduation. Welcome to the Open Market

Once a token graduates, America.Fun’s backend automatically:

1. Creates a new liquidity pool on Raydium, pairing the token with $AOL/$USD1.
2. Seeds that pool using the liquidity gathered from launch phase trading.
3. Burns the LP tokens, forever locking the base liquidity.

That final step is crucial. It means no one can pull the rug or drain the pool. The liquidity is sealed permanently, standing firm like a marble monument to fairness and transparency.

From that moment on, your token stands on its own two feet. Trading freely across Solana as a true, red-white-and-blue member of the ecosystem.&#x20;

Built on freedom, fairness, and a little bit of fun.\
Powered by liberty, liquidity, and the American spirit.

#### 4. Failure and Redistribution. No Token Left Behind

If a project doesn’t reach its goal within the allowed time:

* The ticker is released back into circulation, open for new creators to use.
