Launch
Open a market
One transaction mints the coin, opens its curve and its pool, and registers the first event with the oracle. The first reading sets the benchmark; every reading after it is judged against the one before.
Step 01
The company
Step 02
The metric
What the coin is judged on, which way is good, and how often it is read. The registry on chain is the truth for all three.
Step 03
The first event
Step 04
The coin
Step 05
Opening buy
Your own ETH into your own coin, spent inside the launch transaction at the bottom of the curve. Leave it at zero and the coin still launches.
Step 06