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Bonding curve launches on PRL Vault

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Graduated Token Trading: Liquidity Pools

Tokens that reach graduation thresholds are marked as GRADUATED. Custodial liquidity pools for graduated tokens are under development.

Current state: Graduated tokens cannot be traded until internal LP infrastructure is complete. Bonding curve trades work for all ACTIVE tokens.

All launches are PRL Vault custodial infrastructure. Pearl L1 has no smart contracts.