> For the complete documentation index, see [llms.txt](https://navofamily.gitbook.io/navo-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://navofamily.gitbook.io/navo-docs/readme.md).

# Introduction

Launch and trade tokens on Elysium. Built for the Hyperliquid community.

Navo is a token launchpad being built on **Elysium**, the Kinetiq L2. Creators will launch tokens with HYPE, and traders will be able to buy and sell them from launch.

Tokens will begin trading on a bonding curve. When a token graduates, its curve will close and its liquidity pool will be deployed on **Hybra**. All liquidity pools created through Navo's graduation process will be deployed on Hybra.

## Highlights

* **Trade with HYPE.** Tokens will be priced and traded in HYPE on Elysium.
* **Creators will earn 70% of trading-fee revenue** on the tokens they launch, paid in HYPE.
* **A 1% trading fee.** The standard fee will be 1% of trade value, on the bonding curve and in graduated Navo pools on Hybra.
* **Fees will support creators and the ecosystem.** Trading-fee revenue will be split 70% to the token creator, 28% to the Navo protocol, 1% to buy HYPE and send it to the Hyperliquid Assistance Fund, and 1% to buy back KNTQ and burn it.
* **Navo buybacks.** 50% of the protocol's 28% share of trading-fee revenue will be used to buy back NAVO.
* **Graduation on Hybra.** All liquidity pools created through Navo's graduation process will be deployed on Hybra, with liquidity permanently locked.

## Who is Navo for?

### Creators

Launch a token and earn 70% of its trading-fee revenue in HYPE. Start with [Launch a token](https://navofamily.gitbook.io/navo-docs/launchpad/launch-a-token).

### Traders

Buy and sell new tokens from launch. Start with [How the launchpad works](https://navofamily.gitbook.io/navo-docs/launchpad/how-it-works).

> Navo is not live yet. This documentation describes the planned product. Launch dates, contract addresses and final deployment details will be published before launch.


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