> For the complete documentation index, see [llms.txt](https://docs.capybara.exchange/english/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.capybara.exchange/english/getting-started/features/meme-capybara.md).

# Meme Capybara

<figure><img src="/files/G0oXBKTkv2jh9ejcwVIi" alt=""><figcaption></figcaption></figure>

Meme.Capybara is a permissionless fair-launch token launching platform. The platform does not allow for any presale or team allocation reserving.

### Step 1: Pick a coin that you like<br>

<figure><img src="/files/EA88G0EmoBpWTIL9ssaV" alt=""><figcaption></figcaption></figure>

### Step 2: Buy the coin on the bonding curve&#x20;

<figure><img src="/files/6sj3n0dXuayFx9r2Zgyc" alt=""><figcaption></figcaption></figure>

### Step 3: Lock in your PnL (Profits or Losses)&#x20;

You can sell at any time you'd like to lock in the PnL.

### Step 4: Bonding curve reaches a market cap&#x20;

When enough people buy on the bonding curve it reaches a market cap of 88888 $KAIA, it will then graduate.

### Step 5: After graduation, $KAIA will be distributed as follow

* 0.5% goes to deployer - 444.44 $KAIA
* 2% goes to Meme.Capybara - 1777.76 $KAIA
* 5% goes to Capybara - 4444.4 $KAIA

The rest 92.5% 82221.4 $KAIA + 20% (200M）of tokens will seed the LP (on CapybaraDEX)