Economic model

Cooket V3 uses the endpoint-cp-v3 shifted constant-product model. All launch tokens have 18 decimals.

Quantity	Human-readable value	Base units
Fixed supply	1,000,000,000 tokens	`1000000000000000000000000000`
Curve allocation	800,000,000 tokens	`800000000000000000000000000`
Graduation/LP allocation	200,000,000 tokens	`200000000000000000000000000`
Virtual token reserve	1,066,666,666.666666666666666667 tokens	`1066666666666666666666666667`
Virtual native-USDC reserve	2,415 USDC	`2415000000000000000000`
Net graduation reserve	7,245 USDC	`7245000000000000000000`
Exact empty-curve gross graduation input	7,318.181818181818181818 USDC	`7318181818181818181818`

The initial spot price is 0.0000022640625 native USDC per token. The terminal spot price is 0.000036225 native USDC per token. Spot price is the curve’s virtual native-USDC reserve divided by its virtual token reserve, rounded up in base-unit arithmetic. Terminal fully diluted valuation is terminal price multiplied by the full 1 billion-token supply:

0.000036225 USDC/token × 1,000,000,000 tokens = 36,225 USDC

FDV is not the active curve reserve and not the graduation principal. At graduation, the net principal is 7,245 native USDC. The larger exact gross includes the curve trading fee. See Bonding curve, Fees and distribution, and Economic constants.

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Reference

Economic model