Glossary

A smart-contract pricing rule that sets token price from curve supply and quote reserves. On MerryForge, launches trade on a bonding curve until graduation.

The transition from bonding-curve trading to a locked AMM pool when a launch’s raise reaches its fixed graduation cap.

The quote currency a launch curve is denominated in—typically USDG or ETH/WETH—and the unit that counts toward the graduation cap.

The asset a trader chooses to spend (or receive) in the wallet for a specific trade. Routing may convert between pay asset and raise asset when available.

A USDG accountability deposit posted by a token creator at launch. Refundable only after successful graduation and review; not a guarantee of safety or value.

AMM liquidity created at graduation that is locked so it cannot be freely withdrawn as a simple creator rug of that official LP position. It does not guarantee price.

Automated market maker: a pool that prices assets by constant-product (or similar) math. After graduation, MerryForge launches trade on an official AMM pool.

A USD-denominated stablecoin used on MerryForge as a common raise asset and as the unit for creator bonds.

Wrapped Ether used on-chain for ETH-denominated raises and pools. ETH raises on MerryForge use WETH accounting in contracts.

The difference between expected and executed price due to market movement or curve/pool impact during a trade.

The least amount of output tokens you are willing to accept for a trade after slippage tolerance. Trades revert if the route cannot meet it.

How much a trade moves the curve or pool price against you because of trade size relative to available liquidity.

The protocol contract that escrows creator USDG bonds, handles post-graduation refund windows, and enforces forfeit or slash policy paths.

A fixed package of graduation raise cap, matching USDG creator bond, and graduation deadline (plus grace) such as Starter, Community, Growth, or Major.