# MEME Launch

All MEME launches on the Socrates platform will use SOC tokens, the platform's native token, as the base cryptocurrency.

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* **MEME creation**: Each MEME will be minted on Solana and a bonding curve will be established. The total supply of each MEME is 1 billion tokens, with 800 million allocated for platform trading and the remaining 200 million reserved for liquidity addition after graduation.
* **MEME trading (pre-graduation)**: Once a MEME is created, the bonding curve mechanism will use SOC tokens as the native token for buying and selling MEME tokens.
* **MEME graduation**: When all MEME tokens in the bonding curve are sold (the bonding curve holds approximately 330K SOC tokens), the graduation process will be triggered:
  * Swap the SOC token in the bonding curve for SOL using Raydium.
  * Use the remaining 200 million MEME tokens along with the converted SOL to provide initial liquidity on Raydium.
  * Burn the LP tokens obtained from adding liquidity.


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