> ## Documentation Index
> Fetch the complete documentation index at: https://docs.viva.dog/llms.txt
> Use this file to discover all available pages before exploring further.

# Floor price and the trading curve

> How VIVA’s floor price and launch curve relate to the price you see when trading.

## Two prices you will see

**Market price** — what the next token roughly costs when you trade, shown on charts. Larger buys usually pay a higher **average** because supply moves along the curve.

**Floor price** — a **minimum redemption reference** maintained by the protocol. Under normal operation it is designed **not to fall** when fees and tax add to **floor support** and the floor is raised.

The product is built so **market price stays at or above the floor** under normal rules. That is not a promise that charts only go up.

## Floor price + launch curve

When a token launches, the protocol sets:

* A starting **floor** and a **curve shape** for supply above the floor.
* That **curve anchor does not move** with social hype — only the floor can rise from fee flows.

While people trade:

* Part of each **trade and borrow fee** (the non-treasury half) goes to the **creator** and **floor support**.
* **Half of sell profit tax** also feeds floor support.

When enough has accumulated, the protocol **raises the floor** without changing the original curve anchor.

## Why buys feel “more expensive” over time

After the **1.25%** buy fee, your quote is exchanged for newly minted tokens along the curve. More supply ⇒ higher price on the curve — not a flat price per token.

## Why the floor matters for spot traders

Sells compute a **gross quote** from the rules, then subtract **trade fee** and possibly **profit tax**. The **Trade** preview is authoritative.

**Same-block rule:** if you bought from the pool **this block**, you **cannot sell in the same block**.

## Why the floor matters for borrowers

Borrow capacity uses the **floor** on locked tokens, not a CEX ticker. If the **floor rises** after you borrow, the app may let you **unlock some collateral without sending quote** — read the full simulation before signing.

## What the floor is not

* Not a guarantee of market cap growth.
* Not protection from meme or scam risk.
* Not legal or investment advice — see [Security](/security).

## Related

[Fees](/concepts/fees) · [Economic model](/concepts/economic-model)