# Overview Bound's Launchpad is a **Virtual Mint** platform for creating and launching runes tokens on Bitcoin - designed to keep liquidity within the Bitcoin ecosystem. ## The problem it solves Traditional on-chain token mints export millions of dollars in BTC from the community to miners as transaction fees. Bound's Virtual Mint solves this by processing mints off-chain in a virtual mempool, then using the committed BTC to seed an AMM liquidity pool instead. ## Three goals * **Liquid markets** - Retain liquidity within Bitcoin while making it immediately available for trading * **Transparency & equal access** - Fair, open minting with time-based auctions for better token distribution * **Reward the community** - Token creators and long-term holders share ongoing trading fees from the locked LP position ## What you can do * **Create a token** - Etch a new rune with customizable parameters * **Participate in mints** - Bid for tokens in the virtual mempool * **Earn as a Diamond Hand** - Hold your tokens and earn a share of ongoing trading fees * **Trade post-launch** - Launched tokens are immediately available on the Runes AMM --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://bound-1.gitbook.io/bound-docs/launchpad/overview.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.