DESK
Launch a desk
PREVIEWTry DESK with simulated funds. No real money moves.About this preview
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Relay

Funding

Market maker: Relay Research / 2 backers

  1. 1
    Funding

    Backers buy on the curve

  2. 2
    Graduated

    Capital target reached

  3. 3
    Providing liquidity

    Positions generate LP fees

CAPITAL IN RESERVE$1.1K
BACKING PER TOKEN$1.1442
FUNDING TARGET$5KActual capital, not market cap
FUNDING CURVE

Early backing. More tokens per dollar.

$1 → $2

The token price rises as the desk fills. Selling before graduation moves it back down.

Launch tokens sold28.8%

Curve price and asset value are different. At full funding, the last token costs about $2, while each token is backed by about $1.50. Graduation ends curve trading; redemption uses the pool’s asset value.

THE MARKET MAKER’S PLAN

What you’re backing

A dedicated liquidity desk for RAM / WETH. Back its launch to help fund the market maker’s first position.

RAM / WETH
Strategy
Fee focused
Maximum allocation per pair
100% of desk assets
Minimum to join
$25.00
Capital model
Fully funded spot liquidity
Funding period ends
Sep 20, 2026
Curve price at opening / completion
$1.00 / $2.00

Your desk tokens represent pooled assets and retained fees. They are separate from the tokens in the trading pair. Returns and capital are not guaranteed.

EVERY $100 OF LP FEES RECEIVED

Everyone’s share, upfront.

Backers’ pool$85
Market maker$10
DESK$5

Backers’ fees stay in the pool and increase token backing. Market maker and platform fees are deducted from collected fees. Asset losses and costs can outweigh fee income.