Token launches are broken and unfair, but this one simple mechanism completely levels the playing field. Here's how Samsara is saving the trenches.

If you've been in crypto for more than a few weeks, you've seen it happen.

A promising project announces a token launch. The community is excited. The technology is solid. The fundamentals look great.

Then, within milliseconds of launch, bots drain the initial liquidity. Early snipers accumulate massive positions at rock-bottom prices. By the time regular participants can even connect their wallets, the price has already pumped 10x. And those same snipers are preparing to dump on everyone who arrived "late", aka actual humans.

This is not an edge case. It's the default outcome. And it's one of the primary reasons crypto launches have become synonymous with extraction rather than value creation.

If left unaddressed, Samsara's derivatives (navTokens) would be especially vulnerable to the sniper problem. Why?

Because, unlike most launches, where price can go up or down, navTokens can only rise from their starting price. The TGE price, denominated in the underlying asset, is always the all-time low, forever. That's because all navTokens have permanently embedded value. They're backed by a mathematically impenetrable floor price (the NAV) that's always solvent and redeemable. The starting price for a navToken is equal to the floor price, offering zero downside risk and untold upside against its underlying asset.

The opportunity to be first is infinitely asymmetric. We needed to come up with a solution, or else snipers would ruin the party for everyone.

Samsara's navToken launches introduce a mechanism so elegant it almost seems obvious: a temporary, decaying mint fee that makes sniping economically irrational.

Here's how it works:

At launch, the mint fee starts at 99%.

Yes, you read that correctly.

Anyone attempting to mint navTokens the instant they go live would pay a 99% fee, meaning a 100 SOL deposit would only yield 1 SOL worth of navTokens.

Bots may be fast, but they're not stupid. A 99% entry cost makes sniping a losing proposition from the start.

But the fee doesn't stay at 99% for long. It decays exponentially over a two-hour window, creating a natural, human-friendly launch curve:

- 0 minutes after TGE: 99%

- 30 minutes: ~22%

- 60 minutes: ~8%

- 90 minutes: ~1%

- 120 minutes: 0%

After two hours, the anti-sniper fee reaches zero, and the market operates with standard protocol fees (starting at 1%, adjustable via governance).

1. Bots Lose Their Advantage. The entire bot-sniping strategy relies on being first. Speed is meaningless when being first means paying a 99% fee, eliminating the structural advantage that speed provides. Everyone has the same opportunity to get in at the lowest price.

2. Price Discovery Becomes Real. Traditional launches create artificial price discovery. When bots accumulate at the lowest prices and immediately push markets higher, the "discovered" price reflects extraction rather than genuine demand. With navToken launches, early participants face a tradeoff: enter sooner and pay higher fees, or wait and potentially face higher prices from organic demand. This creates authentic price discovery where the market price reflects actual willingness to pay, not who had the fastest bot. Instead of a race, it becomes a fair game of price prediction.

3. Token Distribution Becomes Truly Fair. navTokens have no insider allocations, no presales, and no airdrops, and because of the anti-sniper fee, they have no snipers hoarding the supply. Every single navToken in supply was bought at a fair price by its owner, with equal opportunity for all.

A subtle but important point that makes navTokens even more fair is that it's impossible to hoard the supply.

Why?

Most tokens rely on scarcity to cement their value proposition, so they have a capped supply. But because navTokens are embedded with permanent value, they don't need to rely on scarcity. They have an infinite supply, and every time a token is minted, the floor price rises.

A recently emerging narrative from creators like @TheWhiteWhaleV2 (on X) is that supply control is desirable. The idea is, "If my diamond-handed insiders and I don't hoard the supply, paper hands will."

Look how that turned out:

Samsara takes a different approach.

It's a system where nobody can hoard the supply, because the supply can always expand, diluting concentration while simultaneously increasing value. That's the benefit of a system based on abundance.

Let's walk through a concrete example to see how a navToken TGE plays out:

Scenario: navSOL Launch

• Current SOL price: $100

• navSOL launch price: 0.01 SOL (approximately $1)

• Your deposit: 100 SOL

If you mint at different times:

*Excludes baseline, price impact, and previous price movement

• Instant (0 min) — 99% fee → ~99 navSOL

• 10 minutes — ~50% fee→ ~4,900 navSOL

• 30 minutes — ~22% fee → ~7,700 navSOL

• 60 minutes — ~8% fee→ ~9,100 navSOL

• 90 minutes — ~1% fee → ~9,800 navSOL

• 120+ minutes — 0% fee → ~9,900 navSOL

Clearly, patience is rewarded.

But, here's where the game theory gets interesting: if there's a lot of capital waiting until fees are low, then the participants who enter at a higher fee might actually get better prices before organic demand pushes the market higher.

This creates a natural, gradual accumulation pattern rather than a single explosive moment that bots can exploit.

Samsara uses a bonding curve to determine navToken prices based on supply. The mechanics are precise:

For every 15,000 tokens minted, the market price increases by the starting price (~$1.00). This means a navToken's price will double from its launch price with approximately $22,500 of net inflows. The curve is deterministic. There's no hidden order book, no market makers, and no sudden liquidity removals. The price impact of any action is calculable before you take it. Everyone plays by the same set of transparent rules.

Based on this price curve, here is a price and market cap cheat sheet based on net inflows into the market, after fees:

For participants, the anti-sniper fee fundamentally changes how you approach a navToken launch:

You don't need to rush.

The two-hour decay window gives you time to prepare properly. Check your wallet. Verify the contract address. Make sure you understand the token you're buying. Do the math on entry costs vs. expected price appreciation.

You can strategize around timing.

A game-theoretic emerges where your optimal entry point depends on your read of overall demand. If you expect massive inflows, entering earlier at higher fees might still be profitable. If you expect gradual accumulation, waiting pays.

You're competing with your prediction skills, not infrastructure.

Without bots dominating the first moments, your edge comes from understanding the asset, the community, and the market, not from owning a faster server or a more sophisticated bot.

Pro tip: You can see the last "effective price" of a navToken by looking at the "price" column of the most recent mint (below the chart).

The anti-sniper fee naturally generates substantial revenue. Rather than going directly into the pockets of developers, this revenue is circulated throughout the ecosystem:

• 25% goes directly into raising the navToken's floor price, dripping in gradually.

• 25% goes directly to depositors of prANA, Nirvana's governance token, earned exclusively by staking ANA.

• 50% is used to buy ANA, Nirvana's value capture token.

This revenue circulation strengthens the ecosystem, like branches of a tree feeding energy back to its trunk.

The anti-sniper fee represents something bigger than a single mechanism. It's a statement about what crypto launches should look like. For years, the industry has accepted extraction as inevitable. "That's just how launches work." "The bots always win." "You have to be first, or you're exit liquidity."

navTokens prove this isn't true.

With thoughtful mechanism design, launches can be events that build communities rather than fragment them. They can be moments of collective participation instead of zero-sum extraction games.

The anti-sniper fee doesn't just protect participants from bots, it creates the conditions for genuine price discovery, fair distribution, and sustainable market development. It turns the launch from a sprint into a strategic process—one where humans can actually participate.

And the result?

This week, navETH and navBTC will launch. Here's your preparation checklist:

1. Understand the underlying asset.

navTokens are derivatives. Their value proposition depends on your thesis about the underlying asset.

2. Calculate your fee/entry price tolerance.

At what fee level does entry make sense, given your expected holding period and price targets?

3. Don't panic about being "late."

Remember: the floor price means you can never lose more than the difference between the market price and the floor (against the underlying asset).

And with the anti-sniper fee, there's no early-bird advantage that makes you "late" by being human. Even if you arrive after the two-hour launch window, you can comfortably buy knowing nobody got in for pennies on the dollar and is waiting to dump on you.

4. Consider the full value proposition.

navTokens aren't just about launch dynamics. They offer structural price asymmetry—magnified upside, mathematically limited downside against the underlying asset—plus interest-free loans with zero liquidation risk.

The launch is just the beginning.

The anti-sniper fee is simple: a decaying fee that makes sniping economically irrational. But its implications ripple through the entire launch experience.

It means communities can gather for a launch and actually participate.

It means price discovery reflects genuine demand.

It means the playing field is truly level.

Combined with navToken's foundational properties—fair distribution, deterministic pricing, verifiable floor values—the result is a launch mechanism that feels like what crypto was supposed to be all along: transparent, fair, and accessible to everyone.

The bots had their run.

It's time for a new standard.

If you're ready to jump down the rabbit hole, check out my ultimate guide to the Samsara App: https://paragraph.com/@nirvana-3/samsara-app-walkthrough

docs.nirvana.finance

Thanks for reading.

Token launches are broken and unfair, but this one simple mechanism completely levels the playing field. Here's how Samsara is saving the trenches.

If you've been in crypto for more than a few weeks, you've seen it happen.

A promising project announces a token launch. The community is excited. The technology is solid. The fundamentals look great.

Then, within milliseconds of launch, bots drain the initial liquidity. Early snipers accumulate massive positions at rock-bottom prices. By the time regular participants can even connect their wallets, the price has already pumped 10x. And those same snipers are preparing to dump on everyone who arrived "late", aka actual humans.

This is not an edge case. It's the default outcome. And it's one of the primary reasons crypto launches have become synonymous with extraction rather than value creation.

If left unaddressed, Samsara's derivatives (navTokens) would be especially vulnerable to the sniper problem. Why?

Because, unlike most launches, where price can go up or down, navTokens can only rise from their starting price. The TGE price, denominated in the underlying asset, is always the all-time low, forever. That's because all navTokens have permanently embedded value. They're backed by a mathematically impenetrable floor price (the NAV) that's always solvent and redeemable. The starting price for a navToken is equal to the floor price, offering zero downside risk and untold upside against its underlying asset.

The opportunity to be first is infinitely asymmetric. We needed to come up with a solution, or else snipers would ruin the party for everyone.

Samsara's navToken launches introduce a mechanism so elegant it almost seems obvious: a temporary, decaying mint fee that makes sniping economically irrational.

Here's how it works:

At launch, the mint fee starts at 99%.

Yes, you read that correctly.

Anyone attempting to mint navTokens the instant they go live would pay a 99% fee, meaning a 100 SOL deposit would only yield 1 SOL worth of navTokens.

Bots may be fast, but they're not stupid. A 99% entry cost makes sniping a losing proposition from the start.

But the fee doesn't stay at 99% for long. It decays exponentially over a two-hour window, creating a natural, human-friendly launch curve:

- 0 minutes after TGE: 99%

- 30 minutes: ~22%

- 60 minutes: ~8%

- 90 minutes: ~1%

- 120 minutes: 0%

After two hours, the anti-sniper fee reaches zero, and the market operates with standard protocol fees (starting at 1%, adjustable via governance).

1. Bots Lose Their Advantage. The entire bot-sniping strategy relies on being first. Speed is meaningless when being first means paying a 99% fee, eliminating the structural advantage that speed provides. Everyone has the same opportunity to get in at the lowest price.

2. Price Discovery Becomes Real. Traditional launches create artificial price discovery. When bots accumulate at the lowest prices and immediately push markets higher, the "discovered" price reflects extraction rather than genuine demand. With navToken launches, early participants face a tradeoff: enter sooner and pay higher fees, or wait and potentially face higher prices from organic demand. This creates authentic price discovery where the market price reflects actual willingness to pay, not who had the fastest bot. Instead of a race, it becomes a fair game of price prediction.

3. Token Distribution Becomes Truly Fair. navTokens have no insider allocations, no presales, and no airdrops, and because of the anti-sniper fee, they have no snipers hoarding the supply. Every single navToken in supply was bought at a fair price by its owner, with equal opportunity for all.

A subtle but important point that makes navTokens even more fair is that it's impossible to hoard the supply.

Why?

Most tokens rely on scarcity to cement their value proposition, so they have a capped supply. But because navTokens are embedded with permanent value, they don't need to rely on scarcity. They have an infinite supply, and every time a token is minted, the floor price rises.

A recently emerging narrative from creators like @TheWhiteWhaleV2 (on X) is that supply control is desirable. The idea is, "If my diamond-handed insiders and I don't hoard the supply, paper hands will."

Look how that turned out:

Samsara takes a different approach.

It's a system where nobody can hoard the supply, because the supply can always expand, diluting concentration while simultaneously increasing value. That's the benefit of a system based on abundance.

Let's walk through a concrete example to see how a navToken TGE plays out:

Scenario: navSOL Launch

• Current SOL price: $100

• navSOL launch price: 0.01 SOL (approximately $1)

• Your deposit: 100 SOL

If you mint at different times:

*Excludes baseline, price impact, and previous price movement

• Instant (0 min) — 99% fee → ~99 navSOL

• 10 minutes — ~50% fee→ ~4,900 navSOL

• 30 minutes — ~22% fee → ~7,700 navSOL

• 60 minutes — ~8% fee→ ~9,100 navSOL

• 90 minutes — ~1% fee → ~9,800 navSOL

• 120+ minutes — 0% fee → ~9,900 navSOL

Clearly, patience is rewarded.

But, here's where the game theory gets interesting: if there's a lot of capital waiting until fees are low, then the participants who enter at a higher fee might actually get better prices before organic demand pushes the market higher.

This creates a natural, gradual accumulation pattern rather than a single explosive moment that bots can exploit.

Samsara uses a bonding curve to determine navToken prices based on supply. The mechanics are precise:

For every 15,000 tokens minted, the market price increases by the starting price (~$1.00). This means a navToken's price will double from its launch price with approximately $22,500 of net inflows. The curve is deterministic. There's no hidden order book, no market makers, and no sudden liquidity removals. The price impact of any action is calculable before you take it. Everyone plays by the same set of transparent rules.

Based on this price curve, here is a price and market cap cheat sheet based on net inflows into the market, after fees:

For participants, the anti-sniper fee fundamentally changes how you approach a navToken launch:

You don't need to rush.

The two-hour decay window gives you time to prepare properly. Check your wallet. Verify the contract address. Make sure you understand the token you're buying. Do the math on entry costs vs. expected price appreciation.

You can strategize around timing.

A game-theoretic emerges where your optimal entry point depends on your read of overall demand. If you expect massive inflows, entering earlier at higher fees might still be profitable. If you expect gradual accumulation, waiting pays.

You're competing with your prediction skills, not infrastructure.

Without bots dominating the first moments, your edge comes from understanding the asset, the community, and the market, not from owning a faster server or a more sophisticated bot.

Pro tip: You can see the last "effective price" of a navToken by looking at the "price" column of the most recent mint (below the chart).

The anti-sniper fee naturally generates substantial revenue. Rather than going directly into the pockets of developers, this revenue is circulated throughout the ecosystem:

• 25% goes directly into raising the navToken's floor price, dripping in gradually.

• 25% goes directly to depositors of prANA, Nirvana's governance token, earned exclusively by staking ANA.

• 50% is used to buy ANA, Nirvana's value capture token.

This revenue circulation strengthens the ecosystem, like branches of a tree feeding energy back to its trunk.

The anti-sniper fee represents something bigger than a single mechanism. It's a statement about what crypto launches should look like. For years, the industry has accepted extraction as inevitable. "That's just how launches work." "The bots always win." "You have to be first, or you're exit liquidity."

navTokens prove this isn't true.

With thoughtful mechanism design, launches can be events that build communities rather than fragment them. They can be moments of collective participation instead of zero-sum extraction games.

The anti-sniper fee doesn't just protect participants from bots, it creates the conditions for genuine price discovery, fair distribution, and sustainable market development. It turns the launch from a sprint into a strategic process—one where humans can actually participate.

And the result?

This week, navETH and navBTC will launch. Here's your preparation checklist:

1. Understand the underlying asset.

navTokens are derivatives. Their value proposition depends on your thesis about the underlying asset.

2. Calculate your fee/entry price tolerance.

At what fee level does entry make sense, given your expected holding period and price targets?

3. Don't panic about being "late."

Remember: the floor price means you can never lose more than the difference between the market price and the floor (against the underlying asset).

And with the anti-sniper fee, there's no early-bird advantage that makes you "late" by being human. Even if you arrive after the two-hour launch window, you can comfortably buy knowing nobody got in for pennies on the dollar and is waiting to dump on you.

4. Consider the full value proposition.

navTokens aren't just about launch dynamics. They offer structural price asymmetry—magnified upside, mathematically limited downside against the underlying asset—plus interest-free loans with zero liquidation risk.

The launch is just the beginning.

The anti-sniper fee is simple: a decaying fee that makes sniping economically irrational. But its implications ripple through the entire launch experience.

It means communities can gather for a launch and actually participate.

It means price discovery reflects genuine demand.

It means the playing field is truly level.

Combined with navToken's foundational properties—fair distribution, deterministic pricing, verifiable floor values—the result is a launch mechanism that feels like what crypto was supposed to be all along: transparent, fair, and accessible to everyone.

The bots had their run.

It's time for a new standard.

If you're ready to jump down the rabbit hole, check out my ultimate guide to the Samsara App: https://paragraph.com/@nirvana-3/samsara-app-walkthrough

docs.nirvana.finance

Thanks for reading.