Graduation
> V3 publication draft; not yet published. Economic terms follow the unfrozen specification v2 draft. {{待冻结}} means pending reconciliation with the final frozen specification. This page does not apply to V2 or existing tokens. Available actions depend on the verified release manifest.
Graduation requires a fixed net curve reserve of 70 OKB {{待冻结}} and the sale of all 750 million curve tokens {{待冻结}}. It is not based on cumulative gross payments, trade count, USD market cap or USD fundraising. Sells can reduce reserves and progress before graduation.
Changing OKB/USD prices affect display values only. The qualifying purchase invokes graduation in the same transaction, without a later manual platform confirmation. The creator’s opening purchase can trigger it too.
Graduation budgets 70 OKB {{待冻结}} and 250 million project tokens {{待冻结}} for a native OKB / project-token Uniswap v4 position with a 0.30% pool fee {{待冻结}}. Tick alignment and integer rounding can leave residual assets. Those assets also enter the permanent lock and are not returned to the creator. Read Graduated and the actual position for its range and amounts.
The LP NFT, bound liquidity principal and graduation residuals are permanently locked. There is no reduction, withdrawal, rebalancing, transfer or administrator rescue entry point. Actual LP income can be collected, with 50% {{待冻结}} each allocated to the platform and creator; see fees. Income claims cannot withdraw principal or residuals.
Graduation confirms protocol conditions, not project quality. Permanent locking guarantees no price, activity, in-range liquidity or exit. A token can still lose all value. Curve trading ends at graduation; official v4 Hook trades continue to incur protocol fees and project tax.