The Arena
Welcome to the Arena
The Arena allows you to explore, buy, and sell created tokens from the Forge. Navigate to the "Arena" on the homepage. Here you’ll see all tokens created including those in the Bonding, Upcoming, Voting, and DEX phases.
Voting Phase: Newly created tokens are not deployed yet as they await voting by degens to show acceptance to begin deployment and trading.
Upcoming Phase: These tokens have passed vote been and just waiting to be deployed by the token creator.
Bonding Phase: These tokens have passed the voting and upcoming phases and are open for trading on the bonding curve until the target raise of 250 Metis is reached.
DEX Phase: These are tokens that have reached the target raise market cap and get liquidity seeded on the Hercules DEX. Listing unlocks at a $33k Market cap.
The voting and upcoming phase inclusion to the launch flow is only temporary to help concentrate liquidity and briefly allow creators to raise awareness of their tokens at the early stages of the factory launch.
Tokens earn "King of Pumpe" status when they reach a market cap of $20k. The projects receive bonus rewards and are highlighted at the top of the tokens list.
How to Buy and sell tokens
To trade tokens in the Arena you'll first need to connect an ERC-20 compatible wallet and ensure the token is in the bonding phase.
Select the token you want to trade
On the trade page, select the buy or sell button, depending on which action you want to take
Input the amount of tokens you want to buy (with Metis) or the amount of tokens you want to sell.
Click Buy/Sell. Approve txn when prompted in your Web3 wallet.
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