How Nexus works.

Nexus is a launch protocol on BNB Smart Chain for tokens that represent a declared value. It uses PancakeSwap V3 concentrated liquidity to shape each token's price curve, and permanently locks every position so that nobody — including Nexus — can pull liquidity.

There are two layers of assets and two kinds of quote currency.

• Roots are the quote currencies everything is ultimately priced in: USDT and BNB (as WBNB).
• Anchors are priced assets — a watch, a card, a skin, a company, an idea — launched with a declared USD valuation. Their curve keeps most of the supply at that value, so the price has a hard floor in the Nexus pool.
• Memes are speculative tokens with a pump-shaped curve. A meme is quoted in an anchor, or directly in a root.

The maximum depth is root → anchor → meme. Memes cannot be parents. Every asset has exactly one PancakeSwap V3 pool (1% fee tier) against its parent, seeded single-sided with the full supply.

An anchor turns a declaration — “this is worth $1,000,000” — into a token whose pool defends that number. The curve is a narrow band plus a tail:

Because the pool is initialised exactly at the bottom of the band and holds only the token, the price can never trade below the declared value inside the Nexus pool: there is simply no liquidity there. Selling back into the band returns the same quote that went in, minus the 1% fee. Buying 70% of the supply moves the price by only 2%; going beyond that climbs the tail.

The declared value is a statement by the creator. Nexus does not appraise, verify or endorse it. The floor is a property of the pool, not a promise about the asset.

Memes use ten buckets of 3,800 ticks each (≈1.46× per bucket), holding supply in the ratio 1:2:3:…:10. Liquidity is thin at the start and thick at the top, so early buyers move price quickly and later buyers find depth.

• Start: ≈ $3,000 market cap, set by protocol config at launch.
• Fill: ≈ $50,000 of quote buys the entire curve; the end market cap is ≈ $134,000.
• Priced under an anchor, the start price uses the anchor's floor (its band's lower tick), not its spot price — so pumping an anchor does not change where the next meme starts.

• USDT is treated as $1.
• BNB is priced from the PancakeSwap V3 USDT/WBNB 0.05% pool using a 30-minute time-weighted average. Same-block trades cannot move it; sustaining a distortion for half an hour against the deepest BNB pool on chain costs far more than any launch is worth.
• V3 prices live on a grid of ticks; the 1% tier uses steps of 200 ticks (≈2.02%). Declared values snap to the nearest step, so the on-chain floor differs from the typed number by at most ±1%. The launch form shows the snapped value before you sign.
• Anchors quoted in BNB keep a fixed BNB floor; their USD floor drifts with BNB.

The Router executes buys and sells along the asset's path (root → anchor → meme at most). It clamps every swap to the curve's own bounds, so a swap that reaches the top or bottom of the curve fills partially and refunds the unused input in the same transaction instead of reverting or trading into empty space.

• Buy with native BNB when the root is BNB; otherwise approve USDT to the Router.
• Sells can unwrap to native BNB when the root is BNB.
• Quotes on this site come from PancakeSwap's QuoterV2 over the same path.
• The floor only exists in the Nexus pool. Anyone can create other pools for a token; prices there are unconstrained, and Nexus never routes through them.

Every pool uses PancakeSwap's 1% fee tier. Fees accrue to the locked position and are paid out on every collect: to the token's creator, to the anchor's creator when a meme is priced under an anchor, and to the protocol. Your pending amount is shown on the Fees page.

Lock.collect(pool) is permissionless. Anyone can call it for any pool; it pays every party and retains nothing. Creators choose at launch how their fees are delivered:

• Pay to address — sent to the recipient given at launch (defaults to the creator).
• Buy back & burn — the quote-side fees are swapped into the token in the pool and sent to 0x…dEaD. The swap is capped at the curve ceiling; if the price is already there the fees are paid out instead. Frequent, small collects are the safe pattern here; large infrequent buybacks are easier to front-run.

Every token address starts with 0x1111. The fifth hex digit encodes the layer: 8–f for anchors, 0–7 for memes. The Factory enforces this on-chain, together with the requirement that the token sorts below its parent (so it is always token0 in its pool). Addresses are mined in your browser from a salt before launch — about 130,000 hashes, a few seconds.

• A declared value is not an appraisal. Above the floor, price is set by trading and can fall to the floor.
• The floor is defended by the Nexus pool only; other venues can trade below it.
• Memes have no floor beyond their curve start and can lose nearly all value.
• BNB-quoted assets carry BNB price risk.
• Upgradeable Factory and Router are controlled by the protocol owner; upgrade events are public on chain.
• Smart-contract risk applies to Nexus and to PancakeSwap V3.

• Factory.getAssets(offset, limit) — newest-first page of tokens with their pool, parent, creator, template and tick range. Factory.getAsset(token) for one.
• Router.buy(token, amountIn, minOut, to) (payable for BNB roots) and Router.sell(token, amountIn, minOut, to, unwrap).
• Router.launchAndBuy(params[], amountIn, minOut) — launches in order (a meme may name the anchor launched just before it) and buys the last one. An anchor + meme + buy in one transaction is ≈ 13.8M gas; set the limit explicitly, wallets' default padding exceeds the block cap.
• Lock.collect(pool) returns (amount0, amount1); simulate it to preview pending fees.
• Token metadata is an inline JSON string on the token: { description, image, socialMediaUrls[] }.