# Launch Curves \[Where the supply sits]

The whole supply starts in the pool as sell-side liquidity above the launch
price. Every buy moves the price up the curve.

| | Standard | Moon |
| --- | --- | --- |
| Starts at | $5k valuation | $10k valuation |
| Shape | One position up to the price ceiling | Seven bands |
| Early price moves | Slower, deeper | Faster |

## Moon bands

| Valuation | Share of supply |
| --- | --- |
| $10k – $50k | 15% |
| $50k – $100k | 10% |
| $100k – $1M | 4% |
| $1M – $5M | 5% |
| $5M – $10M | 6% |
| $10M – $100M | 10% |
| $100M and up | 50% |

## Priced in USD

Valuations become a pool price through a USD price feed read at launch:
Chainlink USDC/USD on Arc Mainnet.

:::warning[Bad feed, no launch]
A feed older than 3 days, a non-positive answer or an incomplete round
reverts the launch instead of mispricing it.
:::