The problem WAGMI solves
Before WAGMI memecoin creators had to:
- find safe options to deploy token contract
- seed liquidity for thousands of dollars for no reason
- suffer from bots sniping new fairly launched tokens
- find a way to lock their LPs for a large amount of fees
- find a community of memecoin traders to present their token
- try to understand the complex math of DEX-es to model the best launch settings
Before WAGMI memecoin traders have to:
- suffer from honeypots, exploits, LP rugpulls
- make a due dilligence about token contract themselves or with a bunch of complex tools
- find new promising memecoins in a mess of onchain data
- make a complex research on tokenomics
- use different tools for trading, analytics and research
All tokens launched with WAGMI are:
- Immediately tradable on Uniswap V3 without needing to provide any liquidity.
- Can be deployed for less than $3.
- Protected against honeypots, with liquidity forever secured and locked inside WAGMI smart contract.
- Launched with ERC-20 token contracts developed by Open Zeppelin without owner, lock or mint authority.
Challenges I ran into
We had to migrate from Bitquery to a custom data explorer in a matter of days to create a live time updates of all metrics and live stream of trades. We just did it :)
Also we refactored Uniswap widget so it would support new gas fees calculation. Also just done :)