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bonding curve is a mathematical model used to manage the price of tokens based on how many tokens are bought and sold it's like a curve that automatically adjusts the token price based on changes in supply and demand when more people buy a token the price goes up when more tokens are sold the price goes down however bonding curves aren't just about pricing they ensure liquidity which means you can always buy or sell tokens without waiting for someone else to take the other side of your trade another thing bonding curves do is provide a fair distribution of tokens the curves algorithm adjusts pricing based on how many people are participating making sure everyone gets a fair chance whether you're early or late to the party so they're not just mathematical equations but they are also the backbone of decentralized Finance helping to keep everything running smoothly
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