> ## Documentation Index
> Fetch the complete documentation index at: https://docs.snek.fun/llms.txt
> Use this file to discover all available pages before exploring further.

# FAQ

> Answers to the most common questions about Snekfun

# FAQ

## General

<AccordionGroup>
  <Accordion title="What is Snekfun?">
    Snekfun is a fair-launch token launchpad on Cardano. Anyone can create and trade tokens instantly, with no coding required and no pre-mines or insider allocations. Tokens launch on a bonding curve and migrate to Splash DEX when they reach a 69,000 ADA market cap.
  </Accordion>

  <Accordion title="Do I need to create an account?">
    No. Snekfun is permissionless — just connect your Cardano wallet and you're ready to trade or launch. No email, no sign-up, no KYC.
  </Accordion>

  <Accordion title="What wallets are supported?">
    Eternl, Lace, Nami, Flint, and Vespr are all supported. You can also use the built-in Turbo Wallet for the fastest experience. [Learn more →](/how-it-works/turbo-wallet)
  </Accordion>
</AccordionGroup>

***

## Trading

<AccordionGroup>
  <Accordion title="Why did my transaction fail?">
    The most common reasons are:

    * **Slippage exceeded** — the price moved more than your slippage tolerance before the transaction confirmed. Try increasing your slippage setting slightly.
    * **Insufficient ADA** — make sure you have enough ADA for both the trade and the network transaction fee.
    * **Network congestion** — Cardano is occasionally congested. Wait a few minutes and try again.
  </Accordion>

  <Accordion title="Why is my balance not showing up after a trade?">
    Cardano transactions typically confirm within 20–60 seconds. If your balance hasn't updated after a couple of minutes, refresh the page. If the issue persists, check your transaction on [CardanoScan](https://cardanoscan.io) using your wallet address.
  </Accordion>

  <Accordion title="What is slippage?">
    Slippage is the difference between the expected price and the actual price at the time your transaction confirms. On a bonding curve, other trades can happen between when you submit and when your transaction confirms, changing the price slightly. Your slippage setting defines the maximum price movement you'll accept.
  </Accordion>

  <Accordion title="Can I lose money trading on Snekfun?">
    Yes. Token prices on the bonding curve move based on buys and sells. Tokens can go up or down in value. Trading tokens is inherently risky — only trade amounts you're comfortable losing.
  </Accordion>
</AccordionGroup>

***

## Token launches

<AccordionGroup>
  <Accordion title="Why didn't my token graduate?">
    Tokens graduate automatically when their market cap hits 69,000 ADA. If your token hasn't reached that level, it hasn't graduated yet. There's no time limit — tokens can stay on the bonding curve indefinitely until they either graduate or are abandoned.
  </Accordion>

  <Accordion title="Can I change my token's name or ticker after launch?">
    No. Name and ticker are set at launch and cannot be changed. You can update your description, image, and social links at any time. [How to update your token →](/for-creators/manage/token-updates)
  </Accordion>

  <Accordion title="What happens to my creator fees after graduation?">
    Creator fees continue after graduation. Any trade on your token on Splash DEX still generates a creator fee, claimable from your creator dashboard.
  </Accordion>

  <Accordion title="Can I rug pull my token?">
    No. The fair launch mechanism means you receive no pre-mined tokens. You buy from the same bonding curve as everyone else. After graduation, LP tokens are burned — meaning no one, including you, can remove liquidity.
  </Accordion>
</AccordionGroup>

***

## Turbo Wallet

<AccordionGroup>
  <Accordion title="Is the Turbo Wallet safe?">
    The Turbo Wallet is suitable for trading with smaller amounts. Your private key is encrypted and stored locally in your browser — Snekfun never has custody of your funds. For larger amounts, we recommend a hardware wallet or a self-custody wallet like Eternl.
  </Accordion>

  <Accordion title="I cleared my browser data and lost access to my Turbo Wallet.">
    If you didn't export your private key before clearing your browser data, the wallet is no longer recoverable. Always export and back up your key before clearing browser storage. [Learn more about Turbo Wallet →](/how-it-works/turbo-wallet)
  </Accordion>
</AccordionGroup>

***

## Points

<AccordionGroup>
  <Accordion title="What are points for?">
    Points track your overall activity on Snekfun — trading, daily claims, token launches, and referrals. The future utility of points will be announced separately.
  </Accordion>

  <Accordion title="Why aren't my points updating?">
    Points update in real time but may take a few seconds after a transaction confirms. If your points haven't updated after a few minutes, try refreshing the page. If you believe there's an error, contact support.
  </Accordion>

  <Accordion title="Do points expire?">
    No. Points don't expire.
  </Accordion>
</AccordionGroup>

***

## Still need help?

Reach out to the Snekfun community on [Discord](https://discord.gg/snekcoin) or [X/Twitter](https://x.com/snekdotfun).