seiyan.fun uses a bonding curve to set meme coin prices. Think of a bonding curve as a fun math trick that changes the price of a meme coin whenever people buy or sell it.
Instead of a fixed rate, the price is determined by the current sales volume of the meme coin in the pool. The more meme coins that are sold, the higher the price goes.
The bonding curve for seiyan.fun is modeled after pump.fun's, but it's not exactly the same. We used trial and error to make it SEI mainnet friendly.