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Litepaper · v1 · BNB Chain

AsterFun

The leverage-native launchpad. Every coin you mint here is wired to a live Aster perpetual on BNB Chain — so its price is driven not just by who's buying, but by a real 2×–20× position on BTC, ETH, stocks, and 30+ other markets.

§1

The one-line idea

A normal memecoin is a bet on attention. An AsterFun coin is a bet on attention plus a real leveraged position. When you buy, your USDT doesn't just sit in a curve — it opens a perpetual on Aster's on-chain pool (the 1001x product). A 5× long on BTC behind a coin means a 10% BTC move shows up as roughly a 50% move in the coin's backing, even on zero volume.

Two engines push the price: spot demand on the bonding curve, and the leveraged PnL of the underlying perp. The honest flip-side: leverage cuts both ways, and Aster perps can be liquidated. We never hide that — §6 shows how to read the live position yourself, on-chain.

§2

How it's built

Four moving parts — three on-chain, one keeper bot off-chain.

  • Factory
    The launch entry point. Deploys a curve + fee-on-transfer token pair, takes the $1 USDT deploy fee, and runs the creator's opening buy in the same transaction. Migrating a graduated curve to PancakeSwap V2 is gated to the keeper.
  • LTFactory
    Idempotent deployer for LeveragedToken contracts. One LT per (pair, leverage, direction) combination, shared across every AsterFun token that uses the same underlying configuration.
  • LeveragedToken (LT)
    An ERC-20 share of an aggregated Aster perp, one per (market, leverage, direction). Buying on a curve mints LT; the keeper opens the matching perp. Selling redeems LT for USDT. The LT's net asset value tracks the live position — collateral plus PnL.
  • Bonding curve
    A virtual constant-product curve denominated in USDT (18 decimals). 1B supply: 757.5M sold on the curve, 242.5M reserved to seed the PancakeSwap pool at graduation.
  • Keeper
    A bot that watches mint events, opens/sizes Aster perps from the live oracle price, keeps allowances set, auto-migrates graduated curves to PancakeSwap V2, and sweeps post-grad fees.
§3

A coin's lifecycle

1
Launch
Pick a name, image, one of the supported Aster markets (BTC, ETH, stocks, …), a direction (long / short), leverage from 2× to 20×, and an opening buy of at least $5 USDT. Market, direction, leverage, supply and the creator fee wallet are all locked the moment you launch.
2
Trade the curve
Anyone buys or sells with USDT. Every swap pays a flat 1% — split 0.5% to the protocol, 0.5% to the creator — settled inline, no claim step. The other 99% feeds the curve and the perp.
3
Two-engine price
Price reacts to both spot demand and the underlying perp's PnL. A 10× long whose underlying rises 8% gains ~80% in backing value with zero trades — and falls just as hard the other way.
4
Graduate at $10K
When the curve's reserve hits $10,000 USDT (or all 757.5M curve tokens sell out), it graduates. The keeper seeds a PancakeSwap V2 pool with $9,700 + 242.5M tokens, sends $300 to the treasury, and burns the LP at 0xdead — liquidity is permanent.
5
Live on PancakeSwap
The curve retires; trading moves to PancakeSwap V2. The app detects this and routes swaps through the Pancake router automatically. The token keeps a 1% fee-on-transfer on every pair swap, which the keeper converts to USDT and splits 50/50 to treasury and creator.
§4

The numbers

Total supply
1,000,000,000
Sold on the curve
757,500,000 (75.75%)
Reserved for PancakeSwap LP
242,500,000 (24.25%)
Collateral / currency
USDT (BEP-20, 18 dec)
Leverage options
2× · 3× · 5× · 10× · 20×
Graduation reserve
$10,000 USDT
LP seed at graduation
$9,700 + 242,500,000 tokens
Treasury cut at graduation
$300
Post-graduation market cap
$40,000
Deploy fee
$1 USDT per launch
Launch buy floor
$5 USDT
Swap fee (curve)
1.00% (0.50 protocol / 0.50 creator)
Swap fee (PancakeSwap)
1.00% token + 0.25% LP
Post-grad fee asset
token → keeper sweeps to USDT, 50/50
LP token recipient
0x000…dead (burned)
Why graduation lands at $40K
price = $9,700 / 242,500,000  =  $0.00004 per token
mcap  = $0.00004 × 1,000,000,000  =  $40,000
§5

How treasury fees are used

All protocol treasury revenue flows back into building AsterFun. The wallet is operated by the founding team and the funds are reserved for two explicit purposes:

Development
Smart contract audits, Aster integration upkeep, oracle and RPC infrastructure, keeper bot hosting, frontend iteration, security upgrades, and ongoing maintenance. Most importantly: funding new product surfaces (analytics, mobile-native flows, cross-chain bridges).
Marketing
Brand campaigns, creator partnerships, paid acquisition on X and Telegram, community incentives, hackathon sponsorships, and event presence. Marketing budget keeps AsterFun front-of-mind for token creators looking for asymmetric upside.

Three revenue streams feed the treasury:

  • $1 deploy fee
    Paid by the creator at token launch.
  • 0.50% swap fee
    Half of the 1% swap tax on every buy and sell on the bonding curve.
  • $300 graduation cut
    One-time payout when a curve reaches the $10,000 graduation reserve.

The remaining 0.50% of every swap goes directly to the creator's chosen fee recipient address, which is immutable once the token is deployed.

§6

Don't trust — verify the perp

The whole pitch rests on a real position existing on Aster. You can confirm it yourself on BscScan — no wallet, no API key, pure public state.

1
Find the backing LT
From the token's curve, read lt() to get the LeveragedToken address that backs it.
2
Read its keeper + market
On the LT, keeper() is the on-chain Aster trader, and pairBase() is the exact Aster market it trades.
3
Check the value in one call
LT.nav() returns the live backing in USDT (collateral + perp PnL). Your share is balanceOf(you) / totalSupply() × nav().
4
Cross-check the curve
BondingCurveV2.getReserveUSDC() is the curve's live reserve (NAV-driven via the LT) — the number that sets spot price on every buy and sell.

Aster's Trading contract (1001x) at 0x1b6F2d3844C6ae7D56ceb3C3643b9060ba28FEb0 is where the positions live — also fully verified on BscScan.

§7

Roadmap

1
Now — V1
Curve + Aster perp backing, auto-graduation to PancakeSwap V2 with a burned LP, live market-cap charts, holders / trades / earnings surfaces, and in-app Pancake swaps after graduation.
2
Next
Per-creator referral boosts, on-token liquidation alerts, graduation push notifications, and keeper batching so tiny buys still open clean perps.
3
Later
A third-party security audit, a creator dashboard, and configurable curves — plus exploring more Aster markets as the 1001x product lists them.
§8

Contracts (BSC mainnet)

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