Baofa (爆发) is a launchpad protocol on BNB Chain. A creator issues a coin in one transaction. The coin trades immediately on a bonding curve priced by the contract itself, with no order book, no market maker and no listing step. When the curve has raised its target of 17 BNB, anyone can graduate the coin: the protocol seeds a PancakeSwap v2 pair with the raised BNB and the remaining coins, and sends the liquidity tokens to the dead address so the pool can never be withdrawn.
What Baofa Does#
| Stage | What happens | Who can call it |
|---|---|---|
| Create | A creator names the coin, points it at a metadata document and optionally buys first. The coin contract is deployed by the protocol's factory, one contract per coin, with its whole supply minted to the curve | anyone |
| Trade | Buyers pay BNB to the curve and receive coins; sellers return coins and receive BNB. The price follows the constant product rule of the curve | anyone |
| Graduate | Once the curve has raised 17.001 BNB, migrate seeds the coin's PancakeSwap v2 pair with 16.501 BNB and 206.9 million coins, burns the liquidity tokens and marks the coin graduated |
anyone |
| Earn | Creators receive 0.30 percent of every curve trade, claimable at any time, and can share it with up to ten wallets or direct it to holders | creators, shareholders |
Design Principles#
- One contract per coin, nothing hidden. Every Baofa coin is a complete ERC-20 deployed by the protocol's factory with no owner, no mint function, no pause, no blacklist and no transfer tax. Automated scanners can read a Baofa coin in isolation and find a plain token. See The Coin Contract.
- Fees accrue, then anyone sweeps them. The curve records protocol and creator fees per trade. Payment to recipients happens through permissionless sweeps and claims, so a trade can never be blocked by a recipient that refuses BNB.
- Graduation is atomic and permissionless. A single call creates the pair if needed, deposits, burns the liquidity tokens and records the graduation. There is no bot, no authority and no withdrawal step between the curve and the pool.
- Parameters are public and bounded. Fee rates, the graduation fee and every administrative action carry contract-level caps; the live values are readable on the app's Parameters page and listed under Launch Parameters.
Where to Go Next#
| If you want to | Read |
|---|---|
| buy or sell a coin | Trade on Baofa |
| issue your own coin | Launch a Coin |
| understand the price formula | Bonding Curve |
| integrate the contracts or the indexer | Integration Guide and Indexer API |
| review what secures the protocol | Assurance Programme and Risk Disclosures |
| follow announcements | x.com/baofadotfun, the protocol's only social account |
About the Protocol Token#
BAOFA, the protocol's own token, is launched through the same curve as every other coin and graduates to PancakeSwap by the same rule. Its launch page, logo, banner and metadata are described in The BAOFA Protocol Token.