Graduation

What happens

• The buy, or the opening, that brings the reserve to the graduation triggers it in the same transaction. If any step fails, the whole transaction does, and the coin keeps trading.
• The token is deployed with its whole supply of 1,000M, at an address that is the same on every chain.
• 5% of the reserve goes to the protocol. The rest, and the tokens the curve did not sell, go to the pools.
• On Elysium: a Uniswap V4 pool, native HYPE against the token, 1% LP fee, opened exactly at the curve's last price with 50% of the pool's tokens. The HYPE that would have matched the other chains' tokens forms a wall just under that price.
• Each other chain gets 10% of the pool's tokens, sent through Hyperlane, for a pool of its own.
• The liquidity belongs to the contract, and no function can take it out.

Nobody else opens the pool

The token's address is known in advance, so someone could try to open its pool first at an absurd price. The launchpad is the pool's hook and refuses any other opener. It runs no code on swaps: trading the pool costs nothing extra. Anyone can collect the pool's fees: half go to the creator, half to the protocol.