# Launch Encyclopedia

The words used in coin launches, each defined in one sentence, then the formula, the values per launchpad and a worked example.

Source: https://unisongo.com/learn · Updated 12 Nov 2026 · Unison (unisongo.com)

- [Launch block](https://unisongo.com/learn/launch-block): The launch block is the block a coin is created in, and the only block where buys can land before anyone else has seen the coin.
- [Jito bundle](https://unisongo.com/learn/jito-bundle): A Jito bundle is a group of up to 5 Solana transactions that land in the same block, in order, or not at all.
- [Bundled coin](https://unisongo.com/learn/bundled-coin): A bundled coin is one whose creator bought it from several of their own wallets at launch, usually in the same block or transaction as the create.
- [Bonding curve](https://unisongo.com/learn/bonding-curve): A bonding curve is a launchpad’s built-in market that sets a coin’s price from how much of it has been bought, so the price rises with every buy.
- [Graduation](https://unisongo.com/learn/graduation): Graduation is when a coin finishes its bonding curve and its liquidity moves to a regular DEX pool, where trading continues.
- [Snipe tax](https://unisongo.com/learn/snipe-tax): A snipe tax is a launchpad fee on early buys that starts high and falls to zero within seconds, so bots gain little by buying first.
- [Front-loaded launch](https://unisongo.com/learn/front-loaded): A front-loaded launch is one where wallets outside the launch transaction buy a large share of supply in the first few blocks of trading.
- [Spread buys](https://unisongo.com/learn/spread-buys): Spread buys are team wallets that buy one at a time after the launch block, on a schedule, instead of all at once.
- [Dev buy](https://unisongo.com/learn/dev-buy): A dev buy is the coin creator’s own first purchase, made from the creating wallet as the coin launches.
- [Creator fees](https://unisongo.com/learn/creator-fees): Creator fees are the share of a coin’s trading fees that the launchpad pays to the coin’s creator.
- [Token account rent](https://unisongo.com/learn/token-account-rent): Token account rent is the SOL a Solana wallet must lock to hold a token, about 0.00204 SOL per account, returned when the account is closed.
- [Team wallets](https://unisongo.com/learn/team-wallets): Team wallets are the wallets a launch creates to buy its coin, each holding a part of the team’s position.
- [Bring it home](https://unisongo.com/learn/bring-it-home): Bringing it home means sending everything left in a launch’s team wallets back to one main wallet, selling the coins first.
- [Launch PnL](https://unisongo.com/learn/launch-pnl): Launch PnL is the profit or loss of one coin launch across every wallet that took part: everything spent, against everything realised plus what is still held.