Reference

The basics

The standard launchpad parts — curve, graduation, fees — on one page.

Apart from privacy, Ztonk works like the launchpads you already know. Here's all of it in one place.

Launching	Name, ticker, image. 0.15 SOL. One transaction.
Supply	1 billion, fixed. Nobody can ever create more.
Pricing	A bonding curve — the price rises as people buy.
Trading fee	1% on the curve: 0.5% to the creator, 0.5% to the protocol.
Graduation	At 85 SOL raised, the token moves to its own pool.
Liquidity	All of the pool's liquidity is locked for good.
Pool fee	0.35% per swap: 0.25% stays in the pool, 0.05% creator, 0.05% protocol.
Freezing	No token can ever be frozen.

The only difference in how these work is where the money comes from and where it goes: every one of them can be done from a wallet that can't be traced to you. That's the part the rest of the docs are about — start with Private trading.