# SV3

> How SV3 floor-backed token markets price, trade, raise their floor, and support non-recourse advances.

## Docs

- [Introduction](https://sv3.jamdesk.app/introduction.md): SV3 lets creators launch tokens on a price curve with USDC-backed floors, spot pricing, and permissionless raises that protect holder redemption value.
- [How SV3 Works](https://sv3.jamdesk.app/how-it-works.md): SV3 rebalances one canonical market per token, raising the floor by reshaping the curve while buyers and sellers move along it and reserves stay backed.
- [$10 Launch, 400 Traders](https://sv3.jamdesk.app/simulations/ten-dollar-launch.md): This simulation traces a $10 launch through 400 buyers and a mixed exit wave, showing how spot and floor prices diverge after selling begins.
- [Borrowing & Loops](https://sv3.jamdesk.app/protocol/borrowing-and-loops.md): Learn how SV3 advances let holders pledge tokens for USDC without selling, plus how repayment, surrender, and looping mechanics affect collateral and debt.
- [Curve & Floor Math](https://sv3.jamdesk.app/protocol/curve-and-floor.md): This page defines the fixed-point math behind SV3 curve pricing, floor raises, and area preservation used in the $10 launch simulation.
- [Fees](https://sv3.jamdesk.app/protocol/fees.md): SV3 splits each action fee into protocol revenue, creator revenue, and non-withdrawable floor backing, with rates and defaults detailed per action type.
- [Architecture](https://sv3.jamdesk.app/protocol/architecture.md): This page explains SV3's on-chain architecture, covering contract roles, the permissionless keeper's function, and how solvency checks secure every
- [Why Launchpads Need a Floor](https://sv3.jamdesk.app/why-launchpads-fail.md): Learn why AMM launchpads lack a price floor and how SV3's reserve-backed structure protects holder exit value during selloffs.
- [Perpetual Markets](https://sv3.jamdesk.app/future/perpetual-markets.md): Explore SV3's future perpetual futures and current-floor calls, two derivative concepts built on-chain spot and floor pricing mechanics.
- [Risks & Controls](https://sv3.jamdesk.app/trust/risks-and-controls.md): The contract, reserve, market, administration, and position risks behind an SV3 floor.