When a token reaches 85 SOL in the bonding curve, it "graduates" to a real DEX:
- Threshold: 85 SOL collected triggers graduation
- LP Creation: ~80 SOL + tokens create a Raydium liquidity pool
- LP Burn: LP tokens are permanently burned (no rug pulls)
- Mint Revoked: No new tokens can ever be created
- Platform Fee: 1% of graduation SOL (graduation fee)
After graduation, the token trades freely on Raydium with permanent liquidity!