Explainer

1

Tokens get created

Any application can permissonlessly create tokens from the Doppler smart contracts

These tokens can be memecoins, RWAs, governance tokens — whatever your app focuses on

2

Onchain dutch auction occurs

Tokens go through a price discovery period, fully onchain

3

Dynamic bonding curve starts

Once a floor price is reached, tokens are available on a customized, dynamic bonding curve

4

Liquidity moved to AMM

Once a specific value of tokens have been purchased or swapped, the tokens and LP positions automatically get migrated to Uniswap (v2 or v4), bootstrapping their initial liquidity

5

Complete 🎉

This newly created token is freely swappable across all Uniswap supported interfaces and able to be utilized throughout your favorite applications or Ethereum DeFi protocols

Design principles

• Capital efficiency

  • Uniswap and Doppler are highly optimized to help tokens find their fair market price.

• MEV protecting

  • Users are protected from sniping bots compared to other platforms due to the novel dynamics of the dutch auction based bonding curve, disrupting the dynamics of apeing in early.

• Programmability

  • Doppler's smart contracts are fully onchain and composable with other programs.

  • We envision a large ecosystem and variety of mechanisms for token distribution & management, such as: vesting, airdrops, incentives, dao management, and more.

• EVM & DeFI native

  • Automatically integrate your tokens into the latest & greatest Ethereum based DeFi protocols.

• Uniswap compatibility

  • Tokens created on Doppler that reach their specific goals of liquidity will automatically get migrated to their own Uniswap v2 or Uniswap v4 pools and swappable from Uniswap supported interfaces.