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What safeguards exist for users if a coin creator becomes inactive over time?

User protection mechanisms on Sikka.Fun

Updated over a week ago

Sikka is a permissionless platform, so if a creator loses interest, the project may lose momentum - but they cannot extract disproportionate value at the expense of others due to the structural protections outlined here.

  1. Creators must buy tokens through the same bonding curve as everyone else - at the same price and under the same rules.

  2. There is no traditional liquidity pool that a creator controls or can withdraw from. Liquidity builds gradually via the bonding curve. Funds are held within the contract, not by the creator

  3. When a coin reaches its graduation threshold, Sikka app intends to make the liquidity permanent and non-withdrawable - so neither the creator nor the platform can remove it.

  4. The bonding curve is designed such that the full sale allocation can never be completely drained, and prices increase non-linearly as supply is bought. This prevents scenarios where someone extracts all liquidity at once.

  5. Sikka’s contracts are non-custodial and do not allow manual price manipulation or admin intervention

  6. All activity is visible on the chain. Users can independently verify if a creator is accumulating, selling, or exiting.

  7. Users can set minimum slippage output parameters. If the price moves unfavorably (e.g., sudden dump), the transaction can revert - helping protect against execution at unexpected prices.

  8. Remember, liquidity is available through the bonding curve, meaning you are never locked-in. You can exit or sell your coins whenever you choose. And, your Sikka.fun wallet remains fully self-custodial - you always control your funds.

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