Token economics - Zonk.fun

Per-token immutable structure

Allocation	Tokens	Share of supply	Initial holder
Bonding-curve distribution	800,000,000	80%	Per-token curve
Graduation liquidity	200,000,000	20%	Per-token curve until terminal settlement
Total	1,000,000,000	100%	Minted once during initialization

The token has 18 decimals. ZonkTokenV3.initialize mints the entire fixed supply to the curve. The creator receives no direct token allocation from factory creation. An optional dev buy is a separate market buy from the curve.

Before graduation

Buyers receive tokens from the 800M curve allocation.
Net buy principal increases the active ETH reserve.
Sellers return tokens to the curve and receive ETH from active reserve, minus the trading fee.
Forced or accidental ETH is excluded from quote and spot-price accounting as unaccounted ETH.

At graduation

The curve must have sold exactly 800M tokens and accumulated exactly 3 ETH of net active reserve. The remaining 200M tokens and the 3 ETH are forwarded atomically for Uniswap V3 settlement. Active curve trading closes.

After graduation

Market state belongs to the external token/WETH Uniswap V3 pool. The permanent custodian holds the full-range LP NFT; a separate residual escrow permanently accounts for the small token or WETH amount left by exact integer liquidity minting.

Supply and protocol constants are global parameters. Price, holders, traded volume, reserve progress, and graduation state are live per-token values.

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