Oikos Protocol: Next-gen Launchpad

The team is excited to announce the Oikos protocol on BNB Smart Chain is entering beta phase. Oikos brings together core DeFi building blocks and a creator-first economy, along with rewards tied to real-world performance. More than a typical launchpad, Oikos is a turnkey platform that empowers anyone to create and launch a new class of assets, each with unique characteristics and sophisticated DeFi capabilities.

Problem

For creators launching tokens today, existing market infrastructure imposes difficult structural compromises. Decentralized exchanges based on the traditional Uniswap V2 AMM model are simple to use but suffer from poor capital efficiency. On the other hand, concentrated liquidity (CLAMM) improves efficiency at the expense of increased complexity, continuous management, and dependence on external service providers. Centralized exchanges introduce even more friction: creators are often required to work with market makers through costly and mostly opaque arrangements, or to run their own liquidity operations, requiring substantial trading infrastructure and expertise. Across all of these options, creators must provide upfront liquidity — typically in fixed token-to-base-asset ratios — and are ultimately limited by the pricing mechanics or commercial terms imposed by the underlying platform.

Solution

Oikos introduces a novel approach that combines concentrated liquidity with a trustless, permissionless, on-chain market-making architecture. This design enables efficient capital formation and robust price discovery, with execution quality rivalling leading centralized exchanges — without custodial risk, opaque intermediaries, or the need for active liquidity management. The result is a meaningful advancement for both creators and users: deeper markets, continuous liquidity, and fully transparent price discovery, all without the operational friction of existing systems. Beyond this, the protocol seeds a decentralized economy in which creators and contributing agents are rewarded for supporting and maintaining the overall health of the system.

The Launchpad Industry

Crypto markets have seen multiple generations of launchpad platforms — services that help bootstrap new tokens and bring them to market. This vertical has evolved significantly over time, beginning with heavily curated, exchange-backed launches (IEOs), moving to decentralized offerings (IDOs), and eventually reaching the opposite extreme with fully permissionless, bonding-curve-based models such as pump.fun.

Pump.fun rapidly established itself as a dominant player on the Solana blockchain, generating approximately $715M in cumulative revenue by mid-2025, including more than $35M in a single recent month. Various analyses estimate its market share on Solana at between 70% and 95%, depending on the timeframe and methodology, measured by number of launches or trading volume.

Bonding Curve

The bonding curve model, as popularized by pump.fun and its derivatives, relies on a deterministic pricing function that determines how token prices rise as trading activity grows. Early participants acquire tokens at very low prices, and each subsequent purchase incrementally pushes the price higher along a linear or near-linear curve until a predefined market capitalization threshold is reached. In the Oikos protocol, the conceptual equivalent of “graduation” occurs at the first liquidity rebalance. This milestone indicates that all floor-allocated tokens have been acquired (via presale or otherwise), that the anchor liquidity has been fully exhausted once, and the token’s liquidity profile has reached a healthy state.

Creator Revenue Sharing

In May 2025, Pump.fun introduced revenue sharing for token creators. During the bonding curve phase, trades incur a 1% fee. After graduation, this fee drops to 0.3%, with 0.25% allocated to liquidity providers and 0.05% retained by the platform. Since launch, creators have earned roughly 50% of Pump.fun’s post-graduation share — equivalent to about 0.025% of total trading volume. Revenue sharing has proven effective across creator-driven industries such as YouTube and TikTok, encouraging participation while strengthening the broader ecosystem. Similarly, the Oikos protocol enables creators to earn perpetual, organically generated revenues from their tokens through built-in protocol revenue streams.

Overview

At a high level, the Oikos protocol comprises a suite of smart contracts that coordinate the creation and management of specialized DeFi vaults, with the Oikos Factory enabling fully permissionless vault deployment. Each vault creation event initializes a new token/AMM pool, alongside the corresponding liquidity provisioning operation. Each vault is paired with an elastic-supply, ERC20-like token and an AMM pool against a base asset (currently limited to BNB). From a creator’s perspective, a vault serves as a control hub for liquidity management and market configuration. While all liquidity operations are entirely permissionless, adjusting protocol parameters is exposed as a creator-facing capability.

Key Concepts

Oikos integrates several core mechanisms which, when combined, form a robust and unique system:

• Circulating supply
• Solvency invariant and capacity
• Elastic supply
• Monotonic (up-only) floor price
• Permissionless market making

Circulating Supply

A foundational principle of assets launched on the Oikos protocol is that every token in circulation must be backed 1:1 by real liquidity at the floor price. As a result, the protocol must precisely track circulating supply at the smart-contract level, ensuring that each outstanding token is fully accounted for and properly collateralized, as illustrated below.

(Pseudocode)

circulatingSupply =
    totalSupply
    - (
        floorLiquidityAmount
        + anchorLiquidityAmount
        + discoveryLiquidityAmount
        + protocolUnusedBalance
        + stakedAmount
        + collateralLocked
        + accruedFees
      )

Solvency Invariant & Capacity

Building on the concept of circulating supply, the solvency invariant describes the core mechanism by which the protocol preserves a liquidity structure that can, at any point, repurchase the entire circulating supply. “Capacity” represents the number of tokens each liquidity position can absorb, given the quantity of reserve assets it holds at any moment in time. Together, these concepts ensure continuous solvency across the system. The solvency invariant is defined as:

(Pseudocode)

totalBackingCapacity =
    anchorCapacity +
    floorCapacity

if totalBackingCapacity <= circulatingSupply then
    revert InsolvencyInvariant

Elastic Supply

While the idea of elastic supply may sound familiar, its implementation in the Oikos protocol differs fundamentally from the elastic mechanisms commonly used by stablecoins, which are designed to maintain a 1:1 peg to a reference asset such as the USD [1][2].

In Oikos, each token begins with a predefined initial supply that dynamically adjusts in response to market conditions:

• During periods of rising demand and buying pressure, the protocol mints new tokens to support trading activity (the shift operation).
• When prices decline, the protocol can contract supply by burning excess, unbacked tokens (the slide operation).

Although this approach is conceptually reminiscent of elastic stablecoin designs, it differs crucially: The Oikos protocol supply adjustments apply exclusively to the unbacked supply. In contrast, elastic stablecoins typically rebalance supply across all tokens, including those held in user wallets.

Backed vs. Unbacked Supply

From the protocol’s perspective, every token in circulation must be fully collateralized 1:1 by real liquidity, denominated in the reserve asset, at the floor price. This portion is referred to as “backed supply.” In contrast, any tokens held by the vault — whether inside or outside active liquidity positions — are classified as “unbacked supply”. As described earlier, elastic supply adjustments apply exclusively to this unbacked portion of the total supply.

Permissionless Market Making

The system is built around three contiguous concentrated liquidity ranges: “floor”, “anchor”, and “discovery”. The floor range is initialized with 10% of the total initial supply and may either be empty (for launches without a presale) or pre-filled with reserve assets at the inception.

As liquidity accumulates in the floor range — through presale participation or ongoing trading — the anchor range becomes the active trading zone. Once all anchor tokens are purchased, liquidity transitions into the discovery range. If continued trading exhausts discovery liquidity, an upward liquidity rebalance is triggered. This operation is known as a “shift”. Conversely, when sell pressure causes liquidity to absorb tokens from the market, a downward rebalance — called a “slide ”— occurs.

Both shift and slide operations are entirely permissionless, meaning they don’t require authority and can be executed by any participant. To incentivize correct and timely execution, callers are rewarded with a small share of the inflation generated during shift events.

Unruggable Liquidity & Up-Only Floor Price

Oikos is designed to be inherently unruggable from both the creator’s and token holder’s perspective. All liquidity is managed exclusively by the protocol, and the encoded rules prevent arbitrary token minting. Supply adjustments only occur within the context of the protocol’s market-making strategy, where newly minted tokens are released into a dynamic liquidity structure — effectively a controlled bonding curve.

In parallel, the protocol continuously generates revenue through its liquidity architecture and market-making logic, systematically selling tokens at higher price ranges than it buys them back. Additional income is produced from AMM trading fees and interest paid by users who borrow against liquidity.

These revenues are reinjected into the system. During each shift operation, the protocol rebalances the underlying liquidity positions, allocating a portion of accumulated funds to the floor and recalculating the floor price upward. As a result, the floor price increases monotonically over time in response to trading activity.

Credit Facility & Looping

Oikos also provides a built-in credit facility that allows token holders to borrow reserve assets from the floor liquidity, up to a configurable optimal utilization threshold. When a loan is opened, the protocol computes the collateral value at the prevailing floor price and issues the loan in the reserve asset (BNB). Because the floor price — denominated in the reserve asset — can only move upward, these loans are effectively liquidation-free: the collateral value cannot fall below the loan value, even under adverse market conditions.

Loans are initialized with a baseline loan-to-value (LTV) ratio of 1, which increases over time as a consequence of shift or floor-bump operations (*). If a loan’s LTV remains above a defined threshold (for example, 2.5 (**)) for a sustained period, a “self-repaying” mechanism is triggered, whereby the protocol allocates a portion of its profits to repay the loan automatically. Conversely, if a loan reaches expiry without being repaid, the protocol seizes and permanently destroys the associated collateral.

Loan interest is set at 0.027% per diem (**) and is charged upfront for the full duration of the loan. These interest fees are part of the protocol’s revenue stream and directly contribute to strengthening floor liquidity.

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Borrowed capital may be deployed externally or reused within the protocol itself. For example, users can purchase additional tokens using borrowed funds, increasing both their holdings and exposure — a strategy commonly referred to as looping.

(*) Users may also add collateral to an active loan at any time to increase its LTV.
(**) Protocol parameters are subject to change.

Staking

Beyond their use as collateral for borrowing against floor liquidity, tokens can be staked to earn a share of backed inflation allocated to staking rewards. Under normal operation, users lock their tokens and receive a staked counterpart (e.g., stake MONK to receive sMONK). This staked token is a rebasing asset whose supply increases as rewards accrue to the staking pool. When users unstake, the staked token is burned, and they receive their original tokens plus accrued rewards, therefore removing the need for separate claim transactions. Staking is often combined with borrowing and looping to construct strategies aligned with individual risk and return objectives.

Launchpad

The launchpad is built around an intuitive, guided wizard that walks users through the token creation process. Creators specify parameters such as token name, description, floor price, and initial supply, and can optionally enable a presale. The wizard automatically computes the liquidity structure and presents a clear summary of all relevant details. Users may also select the underlying AMM (e.g., Uniswap or PancakeSwap) and leverage an integrated AI assistant to brainstorm token concepts or generate a visual identity. Once deployed, the token becomes immediately tradable via the markets page or available through the presale interface.

Presale

At launch, creators can opt to activate a presale mechanism that sources the liquidity allocated to the floor ahead of the public launch while also raising operational funds. The presale price is set at a 25% premium over the floor price. Creators may define a soft cap between 20% and 60% of the hard cap, where the hard cap represents 100% of the floor liquidity.

Example Presale Parameters

Token: STONK
Floor price: 0.000025 BNB
Total supply: 10B STONK

Protocol-calculated values:

• Floor liquidity:
  10B × 10% = 1B STONK
• Presale price (floor + 25%):
  0.000025 + (0.000025 × 0.25) = 0.00003125 BNB
• Hard cap:
  0.00003125 × 1B = 31,250 BNB
• Founder share:
  20% of soft cap or hard cap (*)
  31,250 × 0.20 = 6,250 BNB

Creator-defined parameter:

• Soft cap:
  Between 20% and 60% of the hard cap

The presale contract accepts deposits in the reserve asset (e.g., BNB) and mints a corresponding amount of a pre-asset (p-asset). If the soft cap is reached early, the creator may finalize the presale; otherwise, anyone can finalize it once the hard cap is reached. Upon finalization, participants can redeem their p-asset balance 1:1 for the actual token and use it immediately. If the presale fails to finalize, depositors can withdraw their funds in full.

(*) Founder's share is net of a 3% referral fee.

Protocol Parameters

The protocol enables creators to configure a set of core parameters, allowing them to precisely tune how liquidity responds to changing market conditions. Key configurable options include:

• Supply response curve: controls the steepness and sensitivity of the minting and supply adjustment curve.
• Elastic supply parameters: define the thresholds that trigger minting and burning operations.

Creator Earnings

As outlined earlier, the protocol generates revenue through multiple channels, including market-making activity, interest on loans, and AMM trading fees. These revenues are used to support the token inflation minted during shift operations, which is then either utilized by the protocol itself (for example, to service self-repaying loans) or distributed to ecosystem participants. Creators receive approximately 50% of this inflation — equivalent to about 4.75% of newly minted supply — at each shift event. For a detailed breakdown, please refer to the official documentation.

Oikos Token

$OKS is the native asset of the Oikos protocol. In addition to conferring voting power within the upcoming governance framework, holding $OKS provides access to a continuous stream of dividends generated by every token launched on the platform. These rewards are held in escrow for a period of 180 days and released on a linear schedule, with vesting for each tranche beginning immediately upon creation.

Distribution

The Oikos token is the first asset live on the platform’s launchpad and can be traded against BNB.

Token Details

• Initial supply: 14M $OKS
• Fully diluted valuation: ~1350 BNB

Like all tokens launched on the protocol, $OKS features an elastic supply, meaning the amount of unbacked tokens in circulation can expand or contract over time in response to market dynamics. Beyond representing exposure to the protocol’s long-term growth — and to every asset launched through the platform — holding $OKS also confers direct voting power over future DAO governance decisions and operational matters.

(*) Includes unbacked supply.

Roadmap

The team places strong emphasis on community input and user feedback as a driver for continuous improvement of the protocol. Alongside ongoing refinements, several major features are already planned, including:

• Integrations with third-party DeFi protocols to access transparent and diversified yield sources
• Advanced portfolio management and performance tracking
• Hedging tools are designed to reduce debt and risk exposure, among other enhancements

Further priorities include deeper AI integration — tightly coupled with lower-level protocol parameters — expanded interoperability via Uniswap V4 hooks, the release of an SDK, and the formalization of DAO-based governance. Increasing protocol autonomy, robustness, and long-term resilience remain core objectives.

Conclusion

The team is currently focused on a successful launch and on achieving strong product–market fit, with the ambition of capturing a meaningful share of the launchpad market. As the community grows and the product matures, users can expect rapid iteration and frequent improvements. Feedback is always welcome, and the team encourages the community to share ideas on how the protocol can be further improved.

The road ahead is exciting, and we look forward to building it together.

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References

[1] https://cryptoforinnovation.org/what-is-an-algorithmic-stablecoin/
[2] https://insights.deribit.com/market-research/stability-elasticity-and-reflexivity-a-deep-dive-into-algorithmic-stablecoins/
[3] https://www.wired.com/story/madcap-rise-of-memecoin-factory-pumpfun/?utm_source=chatgpt.com