# 🤔FAQ

Fair Launch

* No pre-sale, no insiders
* Ownership renounced, immutable
* Buy and sell at any time on the bonding curve
* Liquidity is burned 

### Wen Moon? <a href="#wen-moon" id="wen-moon"></a>

💪 Once all bins are filled with BELL, all remaining tokens and liquidity migrate to Trader Joe or Pharaoh 🔒 All liquidity is sent to the DEX and burned.

### Is Bellum Exchange Audited?

Yes! We were audited by Halborn. That report can be found [here](https://www.halborn.com/audits/bellum-exchange/bellum-core).

### Fees <a href="#fees" id="fees"></a>

Bellum charges a flat fee of 1% on buy and sell orders as a Taker Fee in BELL, and is sent to the Bellum DAO treasury.&#x20;

{% hint style="info" %}
Updated from 0 AVAX on 10/13/2024
{% endhint %}

### Does Bellum have a token themselves? <a href="#does-moonshot-have-a-token-themselves" id="does-moonshot-have-a-token-themselves"></a>

Yes!

*For more information check out our Token Page.*

### LP Migration <a href="#migration" id="migration"></a>

Once the initial supply of tokens are sold, all BELL and remaining tokens are automatically  migrated to LFJ or Pharaoh (determined at initial token creation).&#x20;

### How do you calculate Market Cap? <a href="#how-do-you-calculate-market-cap" id="how-do-you-calculate-market-cap"></a>

There are many bonding curves that you can launch a coin along. Every token, when migrated, will launch at the same price as the last bin.&#x20;

### Slippage <a href="#slippage" id="slippage"></a>

V1

The difference between a trade's expected and actual price during high volatility. The default is set at the current bin (0 bins of slippage); This means that your transaction will proceed **IF** the current bin # is the same as when you requested the transaction. you can change it anytime. You’re always prompted to sign the transactions, and the correct amounts are simulated in your wallet.

V2&#x20;

Slippage is based on percent. Minimum amounts are shown on the frontend.

### Bellum vs other platforms <a href="#moonshot-vs-other-platforms" id="moonshot-vs-other-platforms"></a>

* Easy token discovery with filterable selections and search capability.
* **CUSTOMIZABLE BONDING CURVE**, which allows more token dynamics and fairer launch process.
* **CUSTOMIZABLE TOTAL SUPPLY.** Choose a supply that suits your needs (1, 69B, 420T etc.).
* We collect **LESS** collateral on curve, so liquidity is migrated faster.
* Migration completes **AUTOMATICALLY, INSTANTLY**! compare that to minutes on other exchanges.
* Tokens are paired with our native token **$BELL**!

### Is there a minimum buy amount? <a href="#is-there-a-minimum-buy-amount" id="is-there-a-minimum-buy-amount"></a>

Yes, the minimum buy amount is 0.01 BELL to avoid spamming and chain congestion.


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