On pump.fun, what SOL amount triggers automatic graduation to a DEX?
Explanation
69 SOL is the graduation threshold; liquidity auto-migrates to Raydium.
What is the total initial token supply for any token created on pump.fun?
Explanation
pump.fun fixes supply at exactly 1,000,000,000 tokens per project.
Which token standard does pump.fun use when deploying on Solana?
Explanation
SPL (Solana Program Library) Token is Solana’s native standard; ERC-20 is Ethereum.
What is the approximate pump.fun platform fee to create one token?
Explanation
approximately 0.020 SOL platform fee, plus Solana rent and network fees.
What is the pump.fun bonding curve price mechanism?
Explanation
the x · y = k formula: buying tokens shrinks pool supply and raises price.
What type of wallet does this workshop use for signing transactions?
Explanation
Phantom is a browser extension wallet; students install it in Chrome or Brave.
How many decimal places do pump.fun tokens have by default?
Explanation
6 decimals (not 18 like ERC-20); smallest unit is 0.000001 tokens.
Which explorer is used in this workshop to verify a Solana token mint address?
Explanation
Solscan (solscan.io) is the primary Solana blockchain explorer used in class.
In a constant-product AMM, what happens to token price as purchases increase?
Explanation
the x · y = k invariant forces price up as the token side of the pool decreases.
What is the primary cryptoeconomic incentive for early buyers of a pump.fun token?
Explanation
early buyers pay the lowest bonding-curve price; the "get in early" dynamic drives demand.
What field uniquely identifies a token on the Solana blockchain?
Explanation
the mint address (base58 public key) is the immutable on-chain token identifier.
Roughly what fraction of pump.fun tokens graduate to a full DEX listing?
Explanation
fewer than 2% reach the 69 SOL threshold; most tokens never graduate.
What action does the student perform in Phantom to pay for token creation?
Explanation
Phantom shows a fee pop-up; the student clicks Approve to broadcast the transaction.
What is the significance of a pump.fun bonding curve “graduating”?
Explanation
at graduation the curve completes, liquidity migrates to Raydium, and LP tokens are burned.
What does IPFS stand for in the context of token image storage?
Explanation
IPFS (InterPlanetary File System) provides content-addressed, decentralized image hosting.
What must students submit within 24 hours to receive workshop credit?
Explanation
mint address plus pump.fun URL submitted via GitHub issue confirms on-chain deployment.
What share of a student’s 0.5 SOL budget does one token creation consume?
Explanation
total cost ≈0.022 SOL is about 4.4% of 0.5 SOL; students can retry many times.
How does pump.fun primarily generate revenue?
Explanation
pump.fun charges a creation fee and a trading fee on every buy/sell transaction.
What should a student check FIRST if their Phantom wallet shows 0 SOL after pre-funding?
Explanation
Devnet vs Mainnet mismatch is the most common cause; pre-funded wallets are on Mainnet only.
What is the primary learning objective of this workshop from a cryptoeconomics perspective?
Explanation
hands-on deployment makes abstract concepts (AMM, rent, SPL Token) concrete and memorable.
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