> 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="https://1071075445-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKEOK2TZtR7TM3khVeX2g%2Fuploads%2FJ8aiUIvflTx3cSL1jVTK%2FBanner_MEME%20Capy.png?alt=media&amp;token=8e254e81-dc87-42d5-ad96-c5452b1b6052" 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="https://1071075445-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKEOK2TZtR7TM3khVeX2g%2Fuploads%2Fvc2RBEUoztULw6d0xbEY%2F%E6%88%AA%E5%9C%96%202025-01-20%20%E4%B8%8B%E5%8D%886.53.37.png?alt=media&amp;token=bd064fb0-aede-4e16-a2d8-181bdc6d3280" alt=""><figcaption></figcaption></figure>

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

<figure><img src="https://1071075445-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKEOK2TZtR7TM3khVeX2g%2Fuploads%2FREd8Fwt2NgzBVtNOUcyl%2F%E6%88%AA%E5%9C%96%202025-01-20%20%E4%B8%8B%E5%8D%886.56.19.png?alt=media&amp;token=500e0446-e543-4aa7-81a9-1da15c4a7fc2" 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)