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🐼Panda Factory

No-Code Token Deployer Factory

What is Panda Factory?

Panda Factory is a protocol for token launches that uses bonding curves. It enables tokens to be launched and traded without requiring initial liquidity, using a mathematical price curve until graduation to DEX trading.

The protocol uses a bonding curve that determines token prices based on supply. As tokens are bought, the price increases along the curve; as tokens are sold, the price decreases.

Core Components

Panda Token Launch

Launch tokens with:

  • 1B total supply

  • Zero initial liquidity requirement

  • Configurable price range (set starting and ending market cap)

  • Configurable base token (ETH, stablecoin)

  • Optional: deployer same-block buy (up to 50% of supply)

~80-90% of the token supply will be supplied in the Panda Pool bonding curve. When all of those are bought, the token will graduate to Uniswap-style DEX. The remaining token supply is paired with the funds raised on Uniswap, and LP tokens are burned.

Uniswap style dex can be any compatible Uniswap V2 fork. On Berachain, that is Kodiak Dex. On Robinhood Chain, the DEX is deployed by Uniswap.

Incentives and Fees

Before Graduation:

  • Buy fee: 0 (there is no fee to buy tokens while on the Panda Pool bonding curve)

  • Sell fee: 2%

Graduation:

  • Deployer + Protocol fees as share of funds raised

After Graduation:

  • 0.3% swap fees: standard fee on Uniswap V2 DEX

Trading

Trade directly with the protocol:

  • Buy tokens (price increases with purchases)

  • Sell tokens (price decreases with sales)

  • Price determined by current curve position

Graduation

Automatic transition to DEX when:

  • All the tokens in the Panda Pool have been bought (< 0.25% tokens remaining)

  • Liquidity moves to Uniswap-style V2 DEX pair

  • Trading continues on Uniswap-style DEX, listed on Dexscreener, etc.

  • Users can swap using either Panda Factory UI or DEX or Terminal UI!

Important Protocol Characteristics:

  • All prices follow the bonding curve formula

  • Trading incurs fees

  • Graduation is automatic and irreversible

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