Getting started
Glossary
The terms you will see across Token Forge, in one place.
PBTC (PepeBitcoin). The Token Forge ecosystem token. Every launched token trades against it and every fee is paid in it.
COAL. Earned by staking PBTC. Burned for launch fee discounts, early access to presales and Coal Boost Heat.
Presale. The funding phase before a token goes live. Buyers pay PBTC and claim their tokens after launch.
Bonding curve. A presale where the price rises continuously with every purchase and buyers can sell back before it sells out. No deadline, no soft cap.
Fixed price. A presale where every buyer pays the same price.
Stepped price. A presale where the price rises in fixed steps.
Direct liquidity. A launch without a presale; the creator funds the liquidity pool and trading starts immediately.
Hard cap. The most a presale will raise. Once reached, the creator can launch early.
Soft cap. The least a fixed or stepped presale must raise by its end time. Below it, the presale fails and buyers get refunds.
Price multiplier. How much higher the last price of a bonding curve or stepped presale is than the first.
Whale protection. A per-wallet cap on how much of a presale one wallet can buy.
Vest excess over limit. An option on fixed and stepped presales: purchases above the whale limit go through, but the excess is vested, 30 days for every limit's worth of excess.
Early access. Burn $10 of COAL during the 10 minutes before a presale opens to the public and buy before everyone else.
Launch. The moment the token's liquidity pool is created on Uniswap and trading opens.
LP lock. The liquidity pool position is locked for a set period so it cannot be pulled. Every launch includes the Token Forge lock; Team Finance is the optional premium lock.
Creator allocation. A share of the supply reserved for the creator, released gradually over the vesting period.
Community staking rewards. A share of the supply paid out to holders who stake the token in its staking pool.
Time boost. The multiplier on COAL rewards for PBTC that has been staked longer, up to 2× after 90 days.
Heat. What a token collects when people burn COAL for its Coal Boost campaign. It decides who gets the featured spots and fades every hour.
Verified. A token whose on-chain contracts have been checked against its launch settings. Only verified tokens appear on Explore.