What is a bonding curve, and how does it affect my token's pricing?

[AIcash]

A bonding curve is a mathematical model that determines the price of a token based on supply and demand. As more tokens are purchased, the price increases, creating an incentive for early buyers and a mechanism for price discovery

[alex10]

A bonding curve mathematically links a token’s price to its circulating supply.

[Nahid Hossen]

The more tokens are purchased, the higher the price climbs — rewarding early participation.