Buy/Sell

🔄 Buy & Sell Tokens on SnakePad

SnakePad makes it simple to buy and sell tax tokens using a bonding curve — with no need for liquidity pools or market makers. All pricing is handled by a smart contract.

🛒 Buying Tokens

When you buy a token:

  1. Tokens are minted from the bonding vault directly to your wallet

  2. The price increases slightly for the next buyer

  3. A transfer tax is applied (1–15%, based on the token's config)

  4. Part of the fee is sent to a rewards vault for holders

Example

  • Current price: 0.000005 SOL/token

  • You buy 1,000,000 tokens = 5 SOL total

  • You receive ~900,000 tokens (after tax)

  • Next buyer pays 0.0000051+ SOL/token

✅ No slippage ✅ No MEV ✅ Fully on-chain logic

💸 Selling Tokens

You can also sell back your tokens to the bonding curve:

  1. Tokens are burned from your wallet

  2. You receive SOL in return from the bonding vault

  3. A transfer tax is again applied

  4. Fees are routed to the rewards vault

💡 The price you get depends on how many tokens you sell — the curve decreases the price as supply returns.

⚖️ How Prices Are Calculated

SnakePad uses a linear bonding curve:

  • The more tokens are sold (to users), the higher the price

  • As users sell tokens back, price lowers

Price = base price + (supply sold × curve slope)

All curve math is visible in the contract and transparent in the UI.

📉 When Can I Sell?

You can sell your tokens at any time, as long as there is SOL remaining in the bonding vault.

Once the curve completes and a token graduates, trading moves to a real AMM (like SnakeSwap), and further buying/selling happens there.

Want to know what happens after graduation? Read Automatic Migration →

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