> For the complete documentation index, see [llms.txt](https://docs.libertyswap.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.libertyswap.finance/liberty-launchpad/graduation.md).

# Graduation

Once the contract holds **192,000,000 PLS**, the curve closes and everything happens automatically.

## How the Order That Crosses the Line Is Handled

* The contract accepts only the amount still needed to reach the threshold.
* **The rest is refunded in full, with no fee charged on it.**
* You can set a minimum-output limit on this order like any other. The graduating trade is the largest of the token's life, so it must not be the one trade that skips slippage protection.

## How the 192 Million PLS Is Split

| Share | Amount          | Destination                                                         |
| ----- | --------------- | ------------------------------------------------------------------- |
| 1%    | 1,920,000 PLS   | Creator (claimed manually)                                          |
| 99%   | 190,080,000 PLS | Deposited into the LibertySwap V3 pool alongside 180 million tokens |

**Claiming the creator reward:** the funds are held in the contract and the creator claims them whenever they choose. Only the creator's wallet can call it, and the money can only go to that same wallet. There is no deadline and nothing expires.

Everything that happens to the other 99% is covered in [Migration to LibertySwap](/liberty-launchpad/migration-to-liberty-swap.md).
