Understanding Buzz

On Popdex, surging attention drives Buzz, and Buzz drives price.

Buzz is Popdex’s native attention signal. It financializes attention into a decimal number based on the Buzz formula. Buys and sells can move Buzz.

The exact Buzz formula is not publicly disclosed, but at a high level it reflects:

Buzz is the sole driving force of price on bonded Popdex tokens. Liquidity can affect execution quotes, slippage, and whether a trade can settle, but liquidity never determines a bonded Popdex asset’s price.

At TGE, Popdex tokens enter the Bonding phase and trade on an xy=k bonding curve. There is no Buzz during the Bonding phase. Buzz initializes at 100 after Graduating from the Bonding phase. The attention-neutral 100 Buzz is inspired from the United States Consumer Price Index.

Buzz is calculated independently for every Popdex token and displayed in the TradingView chart on each token’s page. Each Popdex token develops a unique Buzz history.

Every Monday at 00:00 UTC, Bonded Popdex tokens become eligible for Buzz Reset. Learn more in Understanding Buzz Reset.