Funding

If BioDAO Curation succeeds, the BioDAO moves on to raise funding from the broader crypto market. A BioDAO can choose one of two funding models for the Funding phase:

1. Auction: Runs for a predetermined period (e.g., 7 days), during which participants deposit a base currency (e.g., ETH on Base or SOL on Solana) to buy the BioDAO's tokens. The auction is uniform-price, meaning all auction participants receive the BioDAO's tokens at the same final price determined at the end of the auction. More details.

2. Bonding Curve: A constant product bonding curve sale that runs until the fully diluted valuation (FDV) target is reached. In this model, users pay a different price for the BioDAO's tokens based on how early they enter the sale, with the price increasing exponentially as more tokens are purchased. More details.