# Spark

> Spark is a memecoin launchpad on Lighter EVM (https://spark.gamemrkt.online). Anyone can launch a token in one
> transaction. It trades on a bonding curve, then graduates into a pool whose liquidity is locked forever.

## What it does
- Launch: name, symbol, picture and a trade fee from 0 to 5% (1% by default). Creation costs 0.002 of the quote token.
- Pairs: memes trade against ETH, or against vault shares of ETH, BTC, SOL or DOGE at 1x, 2x or 3x.
- Vaults: a vault holds a leveraged long on Lighter (for example 3x ETH). Its share is what leveraged memes are priced in.
- Fees: the creator gets 30% of each trade fee, Spark the rest; a referrer gets 7% when the trader used an invite link.
  The first 60 seconds after a launch carry a higher fee that falls to normal, so sniping does not pay.
- Graduation: about 4 ETH on the curve moves the token into its own pool; the pool's liquidity is locked forever.

## Links
- App: https://spark.gamemrkt.online
- Open API for bots: https://spark-api.gamemrkt.online/v1
- Network: Lighter EVM