# Bonding Curve and Liquidity Migration Glow utilizes a bonding curve mechanism, similar to Pumpfun, to facilitate fair and transparent token launches. When a token is created on Glow, it has a total supply of **1 Billion (1B)** tokens. * **80% of the supply** is placed on our internal bonding curve. * Early supporters can buy and sell instantly on this internal market. * How the price works: The math is simple—as more people buy the token and SOL enters the curve, the price gradually increases. If people sell, the price goes down. There is always guaranteed liquidity. The goal of the internal market is to raise enough liquidity to become a "real" DEX token. * The migrate target is **69 SOL**. * Once the bonding curve accumulates exactly 69 SOL, the internal market successfully **"graduates"**. Trading on Glow pauses temporarily to prepare for the DEX launch. Glow automatically executes a secure, smart-contract-driven migration to **Meteora**: * The **69 SOL** raised from the community. Paired with the **remaining 20% of tokens**. * Together, they are deposited into Meteora to create the initial Liquidity Pool (LP). * The LP tokens are locked/burned permanently, ensuring the liquidity can never be rug-pulled. The token is now live on the open market! --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://glowfun.gitbook.io/glowdotfun/introduction/bonding-curve-and-liquidity-migration.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.