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

# Graduation

Every Roost market has a single graduation threshold: the amount of its payment token that must accumulate in the market before it graduates. The threshold is the same size for every market, expressed in whichever payment token that market uses.

***

### The threshold: 4.2 ETH

A market paired with ETH graduates at 4.2 ETH. A market paired with a Stock Token, a tokenized ETF or USDG graduates at that token’s own fixed threshold, listed in the table below. Progress toward the threshold is shown on the token page.

***

### Thresholds are fixed, not repriced

The per-token thresholds do not move with the market. They were set on 1 September 2026 by taking the value of 4.2 ETH at that date and converting it into each payment token at that date’s price. They are hard numbers from that moment. They are not recalculated daily, they do not track the price of ETH or of the payment token, and they will not drift as markets move. If a threshold is ever changed it will be by an explicit update to this page, not automatically.

This means the real value of a threshold in a token other than ETH will diverge from 4.2 ETH over time. That is intended: a creator and a buyer can both read the exact number they need before they trade.

***

### Graduation thresholds by payment token

| Symbol | Asset                      | Amount to graduate | Reference price used |
| ------ | -------------------------- | ------------------ | -------------------- |
| ETH    | Ether                      | 4.2                | $2,441.86            |
| NVDA   | NVIDIA Corporation         | 46.45              | $220.78              |
| SPCX   | SpaceX                     | 73.12              | $140.26              |
| GOOGL  | Alphabet Inc. Class A      | 30.23              | $339.20              |
| GME    | GameStop Corp.             | 557.98             | $18.38               |
| AAPL   | Apple Inc.                 | 32.36              | $316.85              |
| SPY    | SPDR S\&P 500 ETF Trust    | 13.37              | $767.05              |
| SNDK   | SanDisk Corporation        | 6.54               | $1,566.70            |
| AMZN   | Amazon.com, Inc.           | 39.48              | $259.77              |
| MSFT   | Microsoft Corporation      | 20.21              | $507.29              |
| META   | Meta Platforms, Inc.       | 17.91              | $572.34              |
| MU     | Micron Technology, Inc.    | 10.69              | $958.73              |
| PLTR   | Palantir Technologies Inc. | 55.02              | $186.38              |
| HOOD   | Robinhood Markets (Ondo)   | 97.85              | $104.81              |
| USDG   | Global Dollar              | 10,255.81          | $1.0000              |

Method: 4.2 ETH at $2,441.86 gives a benchmark of $10,255.81. Each amount is that benchmark divided by the token’s price, rounded down to two decimal places. US equity and ETF prices are the 31 August 2026 4:00 PM EDT close; ETH, SPCX and USDG prices are from 1 September 2026, approximately 07:00 UTC.

***

### Launch fee at graduation

A one-off launch fee of 0.0005 ETH is charged when a market graduates. It is a flat amount, the same for every market whatever its payment token, and it is charged once at graduation rather than per trade. Nothing is charged for creating a market that has not graduated.

| Item                     | Amount                 | When                |
| ------------------------ | ---------------------- | ------------------- |
| Launch fee               | 0.0005 ETH             | Once, at graduation |
| Base fee and trading tax | See Fees and economics | Every trade         |

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