5月27日，木星联合创始人Meow共享反馈

5月27日，木星联合创始人Meow在新的Candle Launchpad工具上分享了反馈。他称赞了极好的用途

On May 27, Jupiter (JUP) co-founder Meow penned an insightful response to a user's feedback on the new Candle Launchpad tool. Launching into a discussion on the excellent use of Meteora’s dynamic bonding curve in its design, the post aimed to highlight how custom pricing boosts effective token launches.

5月27日，木星（JUP）联合创始人Meow对用户对新蜡烛启动板工具的反馈进行了有见地的回应。该帖子开始讨论Meteora的动态粘合曲线的极好使用，旨在突出定制定价如何增强有效的令牌发射。

This conversation followed the launchpad's introduction of three core bonding curve models: Pump at $5k, targeting small-scale launches with minimal liquidity; Run, focusing on mid-scale projects and moderate liquidity; and Runner, designed for large-scale projects needing substantial liquidity. Each option supports diverse project needs and varying fundraising targets. The funding model also sets starting prices based on SOL value.

这次对话是在LaunchPad引入了三个核心粘合曲线模型的引入：泵的价格为5K美元，以最少的流动性为目标。跑步，专注于中期项目和中等流动性；跑步者（Runner）专为需要大量流动性的大型项目而设计。每个选项都支持各种项目需求和各种筹款目标。资金模型还根据SOL值设定起价。

Candle leverages Meteora's dynamic bonding curve for flexible token distribution designs. This system allows projects to set unique curves and adjust launch fees with precision. Users can select SOL, USDC, or JUP as their quote token for launch, with the Pump, Run, and Runner models catering to different liquidity and fundraising goals. For instance, the Run model increases liquidity at two hundred SOL contribution thresholds, while the Runner option further locks funds at five hundred SOL before graduation occurs. The models also vary in their graduation funding milestones and vesting transparency.

蜡烛利用Meteora的动态粘合曲线来进行灵活的令牌分配设计。该系统允许项目设置独特的曲线并精确调整发射费。用户可以将Sol，USDC或JUP选择作为启动的报价令牌，并使用泵，运行和跑步者模型来满足不同的流动性和筹款目标。例如，运行模型增加了200个SOL贡献阈值的流动性，而Runner选项则在毕业前将资金锁定在500个SOL上。这些模型的毕业资金里程碑和归属透明度也有所不同。

Moreover, Candle users gain immediate token trading access on integrated platforms like Jupiter, which can affect liquidity availability and early market behavior dynamics. Traders decide to launch participation based on perceived price stability and fee settings, and the launch model aims to prevent sudden spikes from uncontrolled trading actions. However, whether this structure yields sustainable prices depends on project configuration and trader response. Feedback loops from trading outcomes may drive future refinements in launch designs. Users should monitor early trading metrics to gauge launch success effectively.

此外，蜡烛用户在木星等集成平台上获得立即的令牌交易访问，这可能会影响流动性可用性和早期市场行为动态。贸易商决定根据感知到的价格稳定性和费用设置来启动参与，启动模式旨在防止不受控制的交易行动突然出现尖峰。但是，这种结构是否产生可持续价格取决于项目配置和交易者响应。来自交易成果的反馈循环可能会推动发射设计中的未来改进。用户应监视早期交易指标，以有效地衡量启动成功。

The dynamic framework controls token sales and transitions to AMM pools automatically. It incorporates anti-sniping fees during launch or volatile trading phases, with a portion of the fees being shared with the protocol, partner, and creator. This structure aims to balance trading flexibility and the project's risk management. Projects can tailor their preferred fees and vesting details to match investor expectations clearly.

动态框架自动控制代币的销售和过渡到AMM池。它在发射或波动性交易阶段合并了反扣费费，其中一部分费用与协议，合作伙伴和创建者共享。该结构旨在平衡交易灵活性和项目的风险管理。项目可以量身定制其首选费用和归属细节，以清楚地符合投资者的期望。

These options make the launch process more structured and transparent for participants. The bonding curve approach offers predictable token prices over the launch duration. The Meteora system locks liquidity after tokens meet predefined funding thresholds automatically, graduating tokens into a Dynamic AMM Pool on Meteora's network. LP tokens are locked based on the launch partner's configuration settings, and partners and creators can claim fees accrued from these locked liquidity tokens.

这些选项使参与者的启动过程更加结构化和透明。粘结曲线方法在发布期限内提供了可预测的令牌价格。 Meteora系统将代币自动达到预定义的资金阈值后，将锁定流动性，将令牌毕业到Meteora网络上的动态AMM池中。 LP令牌是根据启动合作伙伴的配置设置锁定的，合作伙伴和创建者可以要求从这些锁定的流动性标记中获得的费用。

This revenue stream continues beyond the initial launch event period easily, and the design encourages long-term engagement with projects past the token sale stages. Locked AMM pools provide transparency and security for ongoing project support, helping investors see clear vesting and fee distribution paths.

该收入流仍在最初的启动活动期限之外继续进行，该设计鼓励长期与代币销售阶段的项目进行长期参与。锁定的AMM池为正在进行的项目支持提供透明度和安全性，帮助投资者看到清晰的归属和收费分配路径。

In response to a user's comment about the importance of proper pricing structures for better token launch quality, especially in terms of stability and utility, Jupiter co-founder Meow agreed, stating that “indeed!” They further emphasized that "neutral discussion on pricing leads to better experiments in the long run."

为了回应用户对适当定价结构的重要性，以提高令牌启动质量的重要性，尤其是在稳定性和实用程序方面，木星联合创始人Meow同意，并指出“确实！”他们进一步强调，“从长远来看，对定价的中性讨论会带来更好的实验。”

This statement follows the launch of Candle Launchpad, which introduces a new model for token launches with a custom pricing structure and a triple-entry accounting system. The model aims to solve problems like market instability, token dumps, and a lack of funds for projects after launch. It also sets the stage for the next chapter in blockchain technology.

该声明是在推出Candle Launchpad之后的，该板介绍了一种新的模型，该模型具有定制定价结构和三重入学会计系统。该模型旨在解决诸如市场不稳定性，代币垃圾场以及发布后缺乏项目资金的问题。它还为下一章区块链技术设定了舞台。

The Candle Launchpad model is an early example that will likely be used for comparison and refinement efforts as observers watch how these tools shape token economies in the coming months. Clear metrics from varied launches will guide future protocol updates and best practices, relying on transparent data sharing and community-led analysis initiatives.

蜡烛LaunchPad模型是一个早期的例子，可能会用于比较和完善工作，因为观察者观察这些工具在未来几个月内如何塑造令牌经济体。来自各种启动的清晰指标将依靠透明的数据共享和社区主导的分析计划指导未来的协议更新和最佳实践。