# FAQ

Fair Launch

* No pre-sale, no insiders
* Ownership renounced, immutable
* Buy and sell at any time on the bonding curve
* Liquidity is sent to a decentralized staking contract for holders to accrue Joe LP tokens

#### Wen Moon? <a href="#wen-moon" id="wen-moon"></a>

💪 Once all bins are filled with IOTA, all remaining tokens and liquidity migrate to Magicsea 🔒 All liquidity is sent to the **Nursery** where holders can stake their tokens to accumulate LP tokens.

#### Fees <a href="#fees" id="fees"></a>

Catapus charges a flat fee of 1% on buy and sell orders, which is charged as a taker fee in IOTA. There is also a 4% migration fee charged for migration and continued support for the platform.

#### Does Catapus have a token themselves? <a href="#does-moonshot-have-a-token-themselves" id="does-moonshot-have-a-token-themselves"></a>

No...

#### Migration <a href="#migration" id="migration"></a>

Once the initial supply of tokens are sold, all IOTA and remaining tokens are automatically migrated to Magicsea. The LP token is sent to the **Nursery** for token holders to accumulate LP.

**How do you calculate Market Cap?**

There are many bonding curves that you can launch a coin along. Every token, when migrated, will launch at the same price as the last bin.

#### Slippage <a href="#slippage" id="slippage"></a>

The difference between a trade's expected and actual price during high volatility. The default is set at the current bin (0 bins of slippage); This means that your transaction will proceed **IF** the current bin # is the same as when you requested the transaction. you can change it anytime. You’re always prompted to sign the transactions, and the correct amounts are simulated in your wallet.

#### Catapus vs other platforms <a href="#moonshot-vs-other-platforms" id="moonshot-vs-other-platforms"></a>

* Easy token discovery with filterable selections and search capability.
* **CUSTOMIZABLE BONDING CURVE**, which allows more token dynamics and fairer launch process.
* **CUSTOMIZABLE TOTAL SUPPLY.** Choose a supply that suits your needs (1, 69B, 420T etc.).
* We collect **LESS** collateral on curve, so liquidity is migrated faster.
* We don't charge extra for token creations.
* Migration completes **AUTOMATICALLY, INSTANTLY**! compare that to minutes on other exchanges.

#### Is there a minimum buy amount? <a href="#is-there-a-minimum-buy-amount" id="is-there-a-minimum-buy-amount"></a>

Yes, the minimum buy amount is 5 IOTA to avoid spamming and chain congestion.


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