Lumora documentation

Lumora is a token launchpad on Base. Anyone can create an ERC20 token that trades on a fair bonding curve, with no order book and no seed liquidity required. As people buy, the price climbs the curve. When a token reaches its market cap target it graduates: the raised ETH and the remaining tokens move into a Uniswap v2 pool and the liquidity is locked forever.

There are two ways to launch. A Demand Campaign waits for real backers to commit ETH toward a target before the token goes live, and refunds everyone in full if the target is missed. An Instant Launch starts trading right away. To begin, connect a wallet, make sure it is on the Base network, and open the Launch page.

A Demand Campaign is a demand gated launch. You set a target amount of ETH and a deadline, and backers commit ETH toward the target. Nothing launches until enough demand exists, which kills empty launches.

The flow:

1. The creator creates a campaign with a target and a deadline.
2. Supporters commit ETH, which is locked in the campaign contract.
3. If the target is reached, the token is created automatically, the committed ETH seeds the bonding curve as one buy, and supporters claim tokens pro rata to their contribution. Trading starts immediately on the curve.
4. If the target is not reached before the deadline, no token is created and every supporter can withdraw one hundred percent of their committed ETH.

Campaign launched tokens send the larger share of the trading fee to the creator, because the creator brought real demand. Only campaigns created through the official CampaignFactory can launch a token this way.

Instant Launch deploys a token that is tradable from the first second. You provide a name, a ticker, and optional details such as a description, image, category, and links. There is no funding target and no waiting period. You can include an initial buy in the same transaction to seed your own position, which is exempt from the anti snipe cap because it is your own.

The full supply goes to the bonding curve. There is no presale and no insider allocation. Instant tokens use the standard fee split, where the developer treasury takes the larger share of the trading fee. Use Instant Launch when you already have an audience and want the market open now.

Both launch types use the same token model. The numbers below are the same for every token; there is no per project supply carve out.

The entire supply is minted to the token contract at creation. Around eighty percent is sold on the bonding curve; the remainder, together with the raised ETH, seeds the Uniswap pool at graduation. Nothing is allocated to the creator, a presale, or insiders.

On vesting. Because there is no creator supply allocation, there is no vesting. Creators earn instead from a share of the trading fee, which accrues as the token trades and can be withdrawn at any time. A model with a creator supply allocation and time locked vesting would require new token contracts and a fresh audit; it is a possible future direction, not how the current contracts work.

Every token trades against a constant product bonding curve with a virtual reserve so the starting price is sensible. Buying moves up the curve and raises the price; selling moves down the curve and lowers it. Early buyers pay less than later buyers. There is no order book and no counterparty: every trade settles against the curve.

The total supply is fixed. Eight hundred million tokens are tradable on the curve, and the rest is reserved to seed the Uniswap pool at graduation. You can preview the tokens you will receive for a given amount before you confirm a trade.

Graduation is the moment a token leaves the curve and becomes a normal Uniswap market. It triggers automatically when the token reaches its fully diluted market cap target. At that point curve trading closes, a small graduation fee on the raised ETH goes to the developer treasury, and the remaining ETH and tokens are added to a Uniswap v2 pool.

The liquidity stays in the pool permanently. The LP token is sent to a burn address that no one controls, so the locked liquidity can never be withdrawn by anyone, including the creator or Lumora. This removes the most common rug vector, where a team drains the pool after launch. After graduation the token trades on Uniswap like any other token, and curve trading is disabled.

The refund guarantee is the core of the demand model. While a campaign is live, committed ETH is held by the campaign smart contract, not by the creator and not by Lumora.

If the campaign reaches its target, the token launches and the ETH is used to seed the curve. If the deadline passes without reaching the target, the token is never created and every supporter can withdraw one hundred percent of their committed ETH from the contract. No approval from the creator or Lumora is needed; the refund is enforced by the contract. Supporters are never forced to commit, and demand alone decides whether a token launches.

Every buy and sell on the curve pays a one percent trading fee, split between the developer treasury and the token creator. Instant tokens send the larger share to the developer treasury. Campaign launched tokens send the larger share to the creator, to reward bringing real demand. The creator share accrues to the creator and can be withdrawn at any time; if a payout cannot be delivered it is held rather than blocking trading.

At graduation a one percent fee on the raised ETH goes to the developer treasury before liquidity is seeded. Demand Campaigns also charge a small commit fee on the raised ETH, and only on a successful launch, never on a refund.

The guarantees below are enforced by the contracts, not by policy. Per token parameters are fixed at deployment and cannot be changed afterward.

• No presale
• No insider allocation
• No hidden mint
• No owner mint
• No unlimited mint
• Immutable total supply
• Immutable trading fee
• No blacklist function
• No freeze function
• No trading pause
• No liquidity removal
• LP burned after graduation
• Refund available if a campaign fails
• Campaign parameters cannot be modified after creation
• Contracts verifiable on the block explorer
• Open source smart contracts
• Non custodial
• Transparent on chain

For a short window of blocks right after launch, each wallet has a cap on how much ETH it can spend on the curve. This stops a single bot from grabbing a large share of the supply in the first moments and dumping on everyone else. The creator initial buy at launch is exempt, because it is the creator seeding their own position.

Anti snipe limits one wallet, not a determined attacker with many wallets, so treat it as a fairness measure for the opening rather than a guarantee.

Lumora is non custodial. Your funds stay in your wallet and only move when you sign a transaction. Per token parameters such as the router, the creator, the treasury, and the fee split are fixed at deployment and cannot be changed afterward, so configuration changes cannot affect a token that is already live.

The contracts went through an internal first pass review that hardened the campaign launch path, the fee payouts, and the graduation liquidity handling. A full third party audit is still recommended before mainnet. Always confirm official contract addresses on the contracts page, and report issues through the GitHub issue tracker. Lumora will never ask for your seed phrase or private key. Anyone who does is trying to steal your funds.

Lumora runs on four contracts: the LaunchpadToken (the bonding curve token), the LaunchpadFactory (deploys tokens and holds the global config and treasury), the CampaignFactory (deploys demand campaigns), and the LaunchCampaign (holds committed ETH and handles claims and refunds). They are open source and verifiable.

See the contracts page for the live addresses and links to the verified source, and the GitHub repository for the full source.

More questions are answered on the FAQ page.

Nothing on Lumora is investment, financial, legal, or tax advice. Tokens launched here are highly speculative and can lose all of their value. Prices on a bonding curve can move sharply, and there may be little or no demand for any given token.

Smart contracts can contain bugs. On chain transactions are irreversible and cannot be refunded or recovered once confirmed, except through the campaign refund path described above. You are solely responsible for your decisions, for verifying contract addresses, and for the security of your own wallet. Never commit more than you can afford to lose, and do your own research before trading.