> For the complete documentation index, see [llms.txt](https://docs.trench.express/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.trench.express/trench-express/overview/how-it-works/as-a-user.md). # As a user At **Trench Express**, accessing the next wave of emerging tokens is designed to be a seamless and straightforward process. Here's how you can secure your first dibs on exciting new projects. ### Step-by-Step Acquisition Process #### Step 1: Discover New Coins Browse through the selection of upcoming tokens available on **Trench Express**. Take your time to research and find a coin that resonates with you, considering its potential value and utility. #### Step 2: Purchase on the Bonding Curve Once you've identified a coin you like, buy it on the bonding curve. This pricing mechanism lets you acquire tokens at a fair value based on live supply-and-demand dynamics — no external liquidity pool required. *(A detailed explanation of the bonding curve follows on the next page.)* #### Step 3: Manage Your Investment After your purchase, you have the flexibility to sell your tokens back to the curve at any time. This lets you lock in profits or minimize losses based on market movements, giving you full control over your strategy. #### Step 4: Build Community Momentum Encourage fellow users to participate in buying the token. As more people buy in on the bonding curve, the token's fully-diluted valuation climbs toward the graduation threshold of **40 ETH** — a crucial milestone for the project. #### Step 5: Graduation & Locked Liquidity Once the graduation threshold is reached, the curve freezes and the token graduates. Its accumulated ETH (roughly **7.5 ETH**) and a matching amount of tokens are deployed as **permanently locked** liquidity into a **Uniswap v3** pool. Because the liquidity is locked, buyers are protected from a rug on the launch position. #### Step 6: Trade Post-Launch After graduation, you can trade the token on the open market directly from the **Trench Express swap page**. The swap widget automatically routes graduated tokens through the live Uniswap v3 pool and pre-graduation tokens through the bonding curve — one interface for the whole lifecycle. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.trench.express/trench-express/overview/how-it-works/as-a-user.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.