Introduction

Wisp is a token launch protocol on BNB Chain. Tokens trade on a protocol-controlled internal curve first, then graduate to PancakeSwap V3 once the sale pool is filled. During the internal phase, the contract maintains a floor price that only moves up.

Core mechanics

• Permissionless launch: anyone can create a market. Parameters lock at creation.
• Contract floor: on-chain, can only go up.
• Floor-value borrowing: holders borrow backing assets against floor value. No interest, no liquidation.
• Graduation to V3: once the sale pool is empty, funds and floor transfer to PancakeSwap V3.

Backing assets

Creators choose a backing asset at creation — WBNB or BSC-USD. Floor price, borrowing, and graduation are all denominated in that asset. Each market's funds are isolated.

Where to start

For trading, read Buy & Sell. For mechanics, read Floor Price, Bonding Curve, and Graduation.