A curve that never graduates
The curve is the market. Nobody can pull it, and it stays that way on purpose.
Not live yet. This page describes the design, not a running program.
- Buy or sell. Against the curve, any time
- The curve is the market. Nobody can pull it
- It never graduates. So the hook stays on
$SILK trades on a Meteora bonding curve. The curve is the liquidity: anyone can buy or sell against it at any time, and nobody can pull it. Meteora switches transfer hooks off when a coin graduates, so the graduation target is set unreachably high. $SILK stays on the curve, and the hook stays alive.