Curve phase: no LPs
While a token is on the bonding curve, there is no liquidity pool. The InkyPump V2 hook holds all ETH paid in and mints tokens out according to the curve. The price comes from the curve formula, not from a reserve ratio. This means:- No impermanent loss
- No LP tokens to mint
- No LP fees to earn
- You cannot add liquidity to a curve. There is nothing to add to.
Bond event: liquidity is created automatically
When the curve fills, the contract creates a Uniswap V4 pool, pairs the raised ETH with the liquidity supply of tokens, and seeds the pool. This happens in one transaction. The full initial position belongs to the InkyPump hook, not to any individual LP. This pool seed is permanent. The contract does not later withdraw it. There is no separate burn step. The seed is held by the hook.Pool phase: you can add LP positions
After bonding, anyone can add concentrated liquidity positions to the V4 pool through the Position Manager at0x1b35d13a2E2528f192637F14B05f0Dc0e7dEB566. Standard Uniswap V4 mechanics apply.
- You earn the 0.1 percent pool fee on swaps that hit your range
- You take impermanent loss if the price moves outside your range
- You can withdraw your position any time