# User Guide

The Monad native launchpad -- venue for token discovery and early narrative formation

* **one-click token creation** with immediate on-chain trading. Allowing anyone to launch a token and have it tradable instantly.
* **Monad-Native Platform:** Exclusively built on Monad for fast, fair, and efficient trading.
* **Fee to create a new token :** 10 $MON (less than 0.3$)<br>

### **Bonding Curve ?**

When about 80% of coin are sold during bonding curve stage ;&#x20;

the rest 20% of the coin and gathered $mon during bonding curve phase migrate to DEX. \
This milestone ensures liquidity is robust before moving to the broader market.<br>

### **Fees**

Nad.fun charges fees to keep the platform sustainable during this phase :

* 1% Flat Fee on Buy & Sell Orders: Charged as a taker fee in MON.
* 1% Graduation Fee in MON to cover DEX listings&#x20;

After graduation, we are [Utilizing LP fees](https://nad-fun.gitbook.io/nad.fun/introducing-nad.fun/utilizing-lp-fees-faq) to share with participants of the platform