Memehunter
PumpFun 2.0, Revolutionizin Meme Coin, Pumpfun with Life Time Royalty for Developer :)
Created on 12th October 2024
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Memehunter
PumpFun 2.0, Revolutionizin Meme Coin, Pumpfun with Life Time Royalty for Developer :)
Why are you participating for Based SEA?
Participating in Base Builders SEA aligns with our goal to expand our project within the Southeast Asian crypto community. Here’s why MemeHunter’s involvement would be valuable:
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Strategic Expansion into SEA: Southeast Asia is a rapidly growing region for blockchain adoption, especially in the meme coin and DeFi sectors. By joining Base Builders SEA, MemeHunter can tap into this vibrant market, fostering stronger community engagement and awareness.
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Ecosystem Alignment: Base Builders SEA offers a platform for like-minded blockchain innovators. MemeHunter is not just a meme coin launchpad; it’s revolutionizing how meme coins are introduced and sustained within ecosystems.
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Community-Driven Synergy: Meme coins thrive on strong community involvement. By being part of Base Builders SEA, we can collaborate on initiatives that enhance community-driven participation, especially with the focus on decentralized memes and crypto culture.
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Innovation and Partnership Opportunities: Base Builders SEA will allow us to network and collaborate with key players in the blockchain space.
What challenges are you focusing on?
In this memecoin supercycle, we can see right now there are few problems on users and developers side such as:
- Many people got scammed by buying token that they can't sell
- Developer pulling out liquidity (Rug Pull)
- Dev dumping supply
While other fair launchpools have addressed two of the three most common issues in meme coins by providing standardized smart contracts and burnt LP tokens, they still fail to protect investors from the 99.9% of rogue developers that dump to their investor.
We can also see few problems that developers are currently facing such as:
- No protocol-generated revenue sharing mechanism in place, so the only way for them to be profitable is by dumping their own token
- Lost on trading fee, since the LP Token migrated to Raydium is burned
How does your submission address this challenge?
We offer solid solutions for above problem:
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Token Developer Vesting
Memehunter allows dev to set their own vesting schedules. This way, investors will be more confident in buying token with vesting schedules. -
Revenue sharing mechanism, Most Meme using uniswap v2, but Uniswap v2 wont be able to claim fee, without removing Liquidity, there fore we use Uniswap v3 with 1% Fee Structure. Understanding that v3 is good for fee, but not so much in growing the K (in x.y=k), while a good meme need to have thick liquidity to be more stable.
All of the the Fee will be divided as follow
Trading fees generated on Uniswap will be distributed as follow:
ETH
A. 50% of ETH to liquidity pool [This is mean to grow the K in V3, its now grow even faster with 0.5% fee from trading compare to 0.3 in v2)
B. 22,5% of ETH to token developer
C. 22,5% of ETH to Memehunter
4. 5% of token for $BULLET TGE LP
TOKEN
The token will be used to become counterpart when adding liquidity to v3 and some will be burn.
Challenges we ran into
Challenges we have right now:
- Getting more developers and users to get onboard to our platform
- Support from Base communities
Additional Features
- Seeding to Uniswap v3 after the bonding time
- Multicall Contract to replace many single call in coin creation
- On Building better algorithm to add liquidity
Cheer Project
Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.
