Fair Launch Complete: Your Guide to What Happens After the Bonding Curve
A 'Fair Launch Complete' event signals the end of the initial bonding curve minting phase on platforms like pump.fun or Spawned. This triggers a critical transition where the token migrates to a permanent liquidity pool, typically on Raydium. For creators, this phase determines how revenue, holder incentives, and community building are structured moving forward.
Key Points
- 1A Fair Launch Complete event occurs when a token's initial bonding curve sells out, ending the mint phase.
- 2The token automatically migrates to a permanent Raydium liquidity pool, locking initial liquidity.
- 3Post-launch, platforms handle revenue differently: Spawned offers 0.30% creator fees and 0.30% holder rewards, while pump.fun provides 0%.
- 4This stage requires planning for website hosting, community tools, and ongoing token utility.
- 5Choosing a launchpad with post-graduation support, like Spawned's built-in AI website builder, can save significant monthly costs.
What Does 'Fair Launch Complete' Actually Mean?
It's a hard-coded milestone, not just a celebration.
In the context of Solana token launchpads, 'Fair Launch Complete' is a specific technical milestone. It's not just a marketing term. It signifies that the initial bonding curve minting process has concluded, typically because the predetermined supply allocated to the curve (e.g., 1,000,000 tokens) has been fully purchased.
When this happens, the launchpad's smart contract automatically executes several actions:
- It uses the SOL raised from the bonding curve to create a permanent liquidity pool (LP) on a decentralized exchange like Raydium.
- It pairs the remaining treasury tokens with the raised SOL in a 50/50 ratio and locks this liquidity.
- It migrates the token's trading venue from the launchpad's internal bonding curve to the public Raydium pool.
This process is designed to be trustless and immediate, preventing a 'rug pull' of the initial liquidity. After completion, the token is considered 'graduated' and trades freely on the open market.
The Technical Process: Step-by-Step
Here is the exact sequence of events triggered by a Fair Launch Complete event on a standard Solana launchpad:
Critical Next Steps for Creators After Launch
The launch is over, but the project is just beginning.
Once 'Fair Launch Complete' appears, your work shifts from launch to growth. Missing these steps can stall momentum.
- Secure Your Digital Hub: You immediately need a website and social links. Without a site like
yourcoin.com, your project lacks legitimacy. Spawned includes an AI website builder, saving $29-$99/month on external services. - Communicate with Holders: Announce the successful launch on Twitter, Telegram, and Discord. Explain the new contract address (the Raydium pool) and how holder rewards will work.
- Understand Your Revenue Stream: Know your fees. On Spawned, you earn 0.30% on every trade forever via Token-2022. On pump.fun, you earn 0% after launch. This is a major long-term difference.
- Plan for Holder Incentives: Consider how you will reward and retain holders. Spawned's built-in 0.30% distribution to holders automates this. On other platforms, you must build this mechanism yourself.
- Prepare for Community Management: Be ready to answer questions, provide updates, and manage expectations as trading volatility begins on Raydium.
Launchpad Comparison: Life After 'Fair Launch Complete'
The real cost of a launchpad is measured after 'Fair Launch Complete'.
Where you launch defines your project's future. The post-launch rules are where platforms differ most.
| Feature | Spawned.com Post-Launch | pump.fun Post-Launch |
|---|---|---|
| Creator Revenue | 0.30% fee on every trade, in perpetuity. | 0%. No ongoing revenue from trading. |
| Holder Rewards | 0.30% of every trade is automatically distributed to token holders. | Not provided by the platform. Must be custom-built. |
| Fee Structure | 1.00% total fee per trade (0.30% creator, 0.30% holders, 0.40% LP). | Standard DEX fees only (e.g., 0.25% to LP). |
| Website/ Tools | AI Website Builder included. No monthly fee for a basic site. | Must find, pay for, and integrate third-party tools (~$29+/month). |
| Graduation Fee | 0.1 SOL (covers LP creation, ~$20). | 0 SOL (but you forgo all future fees). |
The Trade-Off: A 'free' launch that offers 0% future revenue (pump.fun) versus a low 0.1 SOL fee for a platform that builds perpetual 0.30% revenue and holder rewards into your token's economics (Spawned).
Verdict: Why Spawned is Built for the Post-Launch Phase
Choose a launchpad for where it takes you, not just where it starts you.
For creators serious about building a lasting token project, Spawned provides a materially better framework for life after 'Fair Launch Complete'.
While the initial launch mechanics are similar across platforms, Spawned's post-graduation model is designed for sustainability. The 0.30% perpetual creator fee creates an ongoing revenue stream to fund development and marketing. The built-in 0.30% holder reward directly incentivizes holding and reduces sell pressure, which is a common post-launch problem.
Furthermore, the included AI website builder solves an immediate and costly post-launch need. Paying 0.1 SOL (~$20) upfront to secure lifetime revenue and save on monthly website fees is a logical long-term decision. If your goal is a one-off meme coin with no future plans, a zero-fee platform might seem attractive. For any project aiming for longevity and community growth, Spawned's post-launch economics offer a responsible foundation.
3 Common Mistakes After Fair Launch Complete
Avoid these pitfalls to maintain project credibility.
- Neglecting the Website: A missing website or a link to a temporary page destroys trust. The Spawned AI builder creates a professional site in minutes at no ongoing cost.
- Ghosting the Community: After the excitement of the launch, going silent signals abandonment. Have a content plan ready for the first 72 hours post-migration.
- Misunderstanding Fees: Not knowing you earn 0% on future trades (on some platforms) is a painful discovery. Audit your launchpad's post-graduation terms before you create your token.
Ready for a Launch That Supports Your Long-Term Vision?
Don't let your project's potential end at 'Fair Launch Complete.' Launch on Spawned and build on a foundation designed for growth.
- Launch with sustainable economics: Secure 0.30% lifetime creator fees and automated holder rewards.
- Launch with essential tools: Get your AI-built website immediately, eliminating a major post-launch cost and task.
- Launch for just 0.1 SOL: A small upfront investment for a permanent revenue model and professional toolkit.
Related Terms
Frequently Asked Questions
The process is nearly instantaneous. Once the bonding curve sells out, the launchpad's smart contract automatically creates the Raydium liquidity pool and migrates the token. Trading on Raydium typically begins within the same block, often in under a minute. There is no manual intervention or waiting period.
No, not by the creator. A core security feature of a proper fair launch is that the initial liquidity provided by the bonding curve SOL is permanently locked in the Raydium pool. The LP tokens are sent to an unreachable or timelocked address. This prevents a 'rug pull' and is what makes the launch 'fair.'
They are opposites. 'Fair Launch Complete' is a positive, programmed milestone where liquidity is locked permanently. A 'rug pull' is a malicious act where a creator removes liquidity after launch, making the token worthless. A proper fair launch platform makes a rug pull technically impossible by automating and locking the liquidity provision.
No technical action is required from you regarding the liquidity pool or contract migration—it's fully automated. Your required actions are community-focused: announcing the success, sharing the new Raydium trading link, updating your website if needed, and beginning active community management as volatile public trading starts.
The 0.1 SOL fee (~$20) funds the sustainable post-launch model. It enables Spawned to provide creators with 0.30% perpetual trading fees and 0.30% holder rewards, whereas 'free' platforms like pump.fun offer 0% to creators post-launch. Additionally, the fee supports the included AI website builder, which saves creators $29-$99 per month in external costs.
Token-2022 is a Solana program extension that allows for native, transfer fees. On Spawned, this is configured so that every token transfer (i.e., trade) incurs a 1.00% fee. This fee is split: 0.30% goes to the creator's wallet, 0.30% is distributed proportionally to all token holders, and 0.40% is sent to the Raydium liquidity pool. This all happens automatically on-chain.
No, you cannot migrate an existing, already-launched token to a different launchpad's fee or reward system. The token's economics are determined at creation. If you want Spawned's 0.30% creator revenue, 0.30% holder rewards, and integrated website builder, you must launch a new token directly on the Spawned platform.
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