GraFun is a new memecoin launchpad built on BNB Chain and they have officially launched, drawing significant interest with over 3.8 million on-chain registrations.
GraFun, a new memecoin launchpad on BNB Chain, has announced its official launch with over 3.8 million on-chain registrations and 300,000 users funding their wallets prior to the platform's debut. GraFun is supported by Floki, DWF Labs, DeXe Protocol, and HOT Protocol, among others. The platform aims to provide a safer and more transparent path for launching memecoins. GraFun's key innovation is the Fair Curve model, which is designed to minimize the risks often associated with traditional bonding curves that favor early adopters and lead to market instability. The Fair Curve operates on a modified automated market maker (AMM) model where initial purchases incur a Contribution Fee that scales down over time. GraFun's curve starts with the same formula as traditional launchpads: x * y = k — the classic AMM model. However, GraFun introduces a Contribution Fee, which scales down as the curve progresses. Here's how it works: At the start, users benefit from the lowest token price, but purchases are subject to a Contribution Fee of up to 60%. As more tokens are bought and the bonding curve progresses, this fee gradually decreases, reaching 0% by the time the token sale ends, ensuring fair entry for later buyers. The fees are not lost but are instead directed into a DAO Treasury, which funds a decentralized autonomous organization (DAO) once 80% of the tokens are sold. This approach discourages pump-and-dump strategies and market manipulation by requiring early buyers to contribute significantly while rewarding longer-term engagement and governance participation through the DAO. The model supports stable price growth and fosters a community-driven ecosystem where every token holder can vote on Treasury uses, such as liquidity provision, marketing efforts, and development grants. GraFun's launchpad is setting a new standard for memecoin projects on BNB Chain by integrating fair distribution, DAO governance, and a community-centric fee structure. This innovation not only provides a safer environment for both creators and investors but also builds a scalable model that could redefine how memecoins are launched in the future. With strong backing from industry players like DWF Labs, GraFun is poised to lead the memecoin market toward a more equitable and sustainable future.
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