Mammoth Glossary
What Is a Bonding Curve?
A bonding curve defines how token price changes as demand moves through an issuance round. Instead of price being totally arbitrary, the curve gives a rule for how price should move as more tokens are bought.
In Mammoth, bonding curves matter because each cycle needs pricing logic that founders and buyers can understand. That is why Mammoth uses bounded curves instead of opaque or uncontrolled pricing mechanics.
A good curve makes the raise legible. A bad one turns fundraising into confusion.
Further reading: Fixed Supply vs Elastic Supply · Raise Capital Without Destroying Token Price · Protocol Reference