Automatic Migration
🔁 Automatic Migration
Once a token launched on SnakePad reaches its bonding curve cap (graduation threshold), it automatically migrates to a decentralized exchange like SnakeSwap or Raydium. No dev action required.
This ensures a smooth transition from bonding curve pricing to traditional AMM trading — while preserving liquidity and unlocking open market price discovery.
🧠 What Triggers Migration?
Migration is triggered when:
The token sells out its entire bonding vault (e.g. 793M tokens)
The market cap reaches the configured graduation target (e.g. $50k)
The program flags the bonding curve as complete and initiates the migration sequence.
🧩 What Happens During Migration?
Remaining token supply (e.g. LP reserve) is moved from vault to AMM
SOL accumulated from buys is paired as liquidity
LP tokens are locked in the platform (optional)
Token begins trading on SnakeSwap (or Raydium) at the final curve price
This means:
The token can now trade freely with full liquidity
Curve pricing stops, and the bonding vault is closed
Trading volume can continue via DEX swaps
🔐 Is Liquidity Locked?
Yes — by default, tokens migrated to SnakeSwap will have LP tokens locked under burn & earn by Raydium with a 0.5% fee tier. NFT Holders earn a percentage of this fee tier.
This prevents rugs and gives buyers confidence that:
Liquidity won't be pulled
Post-curve markets are safe and stable
🪙 Where Do the Reserved Tokens Go?
At launch, each token has:
~793M → Bonding Vault (bought by users befor emigration)
~206M → Reserved for post-migration liquidity
1M → SnakeDAO treasury (1%)
During migration, the ~206M reserved tokens are paired with SOL from the bonding vault to create the initial LP.
After migration, users can still:
Claim rewards from transfer taxes
Trade the token via SnakeSwap or Raydium
Check price charts and market stats
Next up: Rewards →
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