The bonding curve era is ending

Every token launchpad launched since 2023 runs on the same bonding curve. Friend tech popularized the bonding curve in 2022. The pumpfun team at that time was building key management tools for friendtech room keys.

Then the memecoin presale meta hit and the pumpfun team took the bonding curve concept from Friendtech and turn it into a unicorn. Since then the meta has been focused on launching launchpads that use bonding curves as it's the fastest way of generating volume, fees and attention.

It works fine for memecoins, but because of some inherent flaws bonding curve tokens end up looking like HARD PnD charts.

If you're launching a token as a builder using bonding curves you run into the following issues:

Liquidity for bonding curve tokens through popular launchpads is notoriously thin, making the price super volatile.
Snipers take too much of the supply at launch. Bots often snipe popular launches (10-30% supply at times)
There is no downside protection: People often complain that bonding curve tokens go pretty much to zero (no floor buy wall)

Serious teams solve this through 3rd parties offchain. Many serious teams hire market makers and sell token supply in OTC deals to raise liquidity.

This is the gap Sazare is working on. Sazare's move is to put the entire market inside one Uniswap v4 hook. Pricing, reserves, issuance, fees, inventory, redemptions, burns, depth. One contract, one atomic settlement path, nothing external. The pool doesn't host the market, the pool IS the market maker (thanks to univ4 hooks)

Here's how it works:

Trading happens inside programmable bands. The hook quotes every trade from its own inventory and rejects outside LPs at the contract level, so nobody can setup mercenary LP pools.

Floor only rises: Half of every ETH that enters through issuance locks into a redemption reserve forever, and 70% of the 1% fee on band flow stacks on top. That reserve is a standing buy wall under the entire supply.

Capitulation burns. Sells that reach the floor get bought by the reserve and the tokens are destroyed forever, 2.31M $SZR already burned in the three days since v3 launched.

Supply unlocks are priced in code: Hard cap of 1B, no team allocation, and new tokens only enter when buyers pay the issuance. Demand at each new market cap mints exactly the depth that level needs and locks half the proceeds under it.

SZR Launchpad: There's also a permissionless factory for launching more floor backed tokens, and half its revenue buys back and burns $SZR. You can use any token as backing (including RH tokenized stocks).

And the dev is already backtesting the next module against live Robinhood Chain projects: protocol profits up 'mid 6 figures' for some of them, alongside mid six figures of added liquidity to deploy to gradually 'protect price'.

Lastly I would like to add dyor, please understand the risks with unaudited protocols. Personally I love the concept and excited to see more launches happening with similar mechanics within the SZR launchpad.