Token and contracts
Bonding curve phase
A one-time window, open only while $LIQTERM is still on the curve. Staking during it is designed to write permanent access that survives unstaking — the only arrangement of its kind planned for this project.
Planned No contract implements any of this yet, and the window has not opened. Everything below describes intended behaviour and may change before deployment.
The idea
After graduation, access becomes a recurring arrangement: stake for a period, or burn for lifetime access. During the curve phase the trade is different — you stake a fixed number of tokens, and when the phase ends you get the tokens back and keep the access.
The scarcity is time, not seats. There is no cap on the number of participants. The window closes when the curve graduates, whenever that happens.
A cap that does not fill would be worse than no cap: graduation would stall and everyone who had staked would sit locked in a contract waiting for it. A cap also creates a race for the last slot. Neither risk is worth the marketing appeal of a number.
How it is meant to work
- Stake during the curve. Buy $LIQTERM and stake a fixed amount into the phase contract. Tokens are locked while the curve runs.
- Graduation releases everyone at once. When the curve completes, the contract owner sends a single
releasetransaction — a separate on-chain call only the owner can make, not the login signature you give in your own wallet. Every stake begins unlocking together. No queue and no per-user action to qualify. - Access is written immediately, tokens vest. Permanent access is recorded at the moment of release; the tokens themselves are claimed over a seven-day vesting period.
- Keep the access, keep the tokens. After unstaking you may hold or sell. Access does not depend on continuing to hold.
The access written this way is the VIP tier — the same standing a burn grants. Feature requests are treated as proposals, support is answered first, and there is a direct line to StellarMom.
The stake amount Planned
The condition is a fixed number of tokens, the same figure for everyone, rather than a fixed amount of ETH.
This matters because graduation is measured in ETH while access is measured in tokens. Tying the two together would make the requirement drift as the curve price moves. With a fixed token count, the ETH cost of the same stake naturally rises as the curve progresses — early participants pay less for the identical position, with no separate reward mechanism needed.
The figure is chosen so that a late participant can still afford it, and anyone who bought earlier simply keeps the surplus tokens they acquired more cheaply.
The owner can lower the requirement while the window is open, and only lower it. Because the condition is a token count, the ETH cost of the same position climbs as the curve runs — someone arriving close to graduation can face a price no early entrant ever paid. Cutting the figure keeps the window open to them in practice and not only in principle. It can never be raised once the window is open, so nobody finds the price moved under them part-way through staking, and it cannot change at all after graduation.
Earlier stakers are unaffected: each position records what that staker actually transferred and returns exactly that amount, and the access it buys is identical for everyone. What an earlier entrant does not receive is a refund of the difference.
Seven-day vesting Planned
Release does not return every staked token in a single block. Access is written immediately, while the tokens are claimed across seven days.
The reason is plain: a simultaneous unlock of every early position at the moment liquidity moves to a new pool would concentrate selling into the thinnest possible moment. Spreading the claim protects the people still holding as much as it protects the market.
One-year unconditional unlock Planned
Release normally requires a signature from the dev wallet. That signature is a single point of failure: a lost key would trap everyone’s tokens permanently.
So the contract is designed with a fallback. One year after the contract is switched on, anyone can withdraw their own stake without any signature.
The contract records the moment it is activated and measures the year from there, not from when its code was deployed. Deployment and activation can be days apart, and reading the year from the wrong one would move the unlock date in either direction. Before activation the fallback path is closed entirely.
This is a safety net, not an exit route. It exists so that a lost key cannot cost anyone their tokens.
What happens afterwards
Once the curve graduates, this contract has done its job. New access moves to the licence control contract and its ordinary terms: staking periods that expire, or a lifetime tier paid by burning. The curve phase is not repeated.
Nothing here is deployed, audited or guaranteed. The stake amount is not final, the window has not opened, and graduation may never occur. Staking is not an investment and gives you no claim on the project’s revenue, equity or profits. Do your own research.