A token graduates when its pool holds 4900 USDG of principal — roughly the whole concentrated range bought out. Nothing moves at that point: the pool, the liquidity and the fee split are the same before and after. Graduation is a one-way marker that the range has been absorbed, and the badge stays on once earned so a later sell cannot flip it back.
After graduation
- Trading continues in the same pool, uninterrupted.
- Price and market cap keep coming from the pool's own price.
- Charts keep updating from PoolManager swap events.
- LP stays locked in the FeeLocker — liquidity cannot be removed, and fees accrue to creators and the protocol.