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

# ♾️ FAQ

**What is a Bonding Curve?**

* Refer to [Why Felix](/felix/why-felix.md) to understand how Bonding Curve works and it's beneftis.<br>

**What is a "Jump" in Felix?**

* A jump is a period characterized by lower token supply and increased price due to concentrated liquidity within specific ranges, in Felix we have 6 jumps. [Travel Map ](broken://pages/tOXYtPL9uJx7apCq9Ll3)

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**Is Felix sustainable?**

* Yes, Felix is designed to sustain its price action through controlled supply distribution and strategic liquidity concentration.

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**What is the Felix Collar?**

* The Felix Collar is the ultimate price target of phase 1, achieved through strategic jumps in the bonding curve. When it is reached, something magical will happen...[ Welcome to Felix](/felix/welcome-to-felix.md)

**What is the best strategy for Felix?**

* The best strategy involves understanding the bonding curve mechanics, timing your investments with the jumps, and being prepared for exponential volatility.

**⁠Is it too late to invest in Felix?**

* Felix is not live yet, but is designed to provide optimal entry points for new and existing users, with bonding curve adjustments ensuring fair participation.

**Can the Felix contract functions be updated?**

* Contract functions can't be updated; the contract will be renounced and irrevocable.

**What makes Felix different from other meme coins?**

* Felix stands out due to its custom bonding curve price action, which creates unique opportunities for exponential growth and volatility within specific price ranges.

**How does the bonding curve affect the price of Felix?**

* The bonding curve determines the price based on the token's supply and demand, with specific "jumps" causing exponential price increases as supply decreases.

**What are the benefits of investing in Felix early?**

* Early investors can benefit from lower initial prices and potentially greater returns as the bonding curve progresses through its jumps.