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Cryptocurrency News Articles
Pump AI Emerges as an AI-Powered Launchpad in the Meteora Ecosystem
Jan 03, 2025 at 04:33 am
Following the fast evolution of Artificial Intelligence (AI), Pump AI has emerged as a revolutionary force that seeks to simplify how people create, manage, and issue tokens.
Pump AI is a bonding curve launchpad on Meteora that makes it easy to create, manage, and issue tokens with just a few AI prompts.
The protocol is a liquidity layer for Solana, helping the network expand its performance and developer community. Pump AI is the first and only AI-powered launchpad in the Meteora ecosystem.
Pump AI builds on the Meteora ecosystem, boasting support from key players like Meteora, Ape Terminal, M3M3, and Cherry. The protocol works directly with multiple bots, including Photon, Maestro, and Banana Gun, to boost efficiency and ensure new user flow.
Pump AI’s integration with Meteora will see hundreds of thousands of Meteora’s daily users channeled to Pump AI. This user flow will operate similarly to how PumpFun drew users from Raydium.
Moreover, the support from Meteora will drastically lower the average per-user acquisition cost for Pump AI and provide Pump AI with a major user catalyst and on-ramp.
Pump AI also leverages Meteora’s unique DLMM system for potential liquidity. The system pays out rewards generated from slippage and spreads derived from token liquidity.
The M3M3 stake-to-earn protocol rewards namecoin stakers for their potential liquidity and encourages long-term staking.
Pump AI tackles complexities concerned with creating and managing new tokens, providing variable bonding curves, or set marketcaps needed to open on Meteora, specifically for new projects seeking to enter the market.
With this structure, Pump AI helps token issuers to determine a preset value for their pool to hit before going live on the Meteora exchange. The protocol can handle thousands of token launches, potentially equaling hundreds of millions in fees generated daily.
Pump AI unveils Native Token, $PUMPAI
As the project anticipates its Token Generation Event, it has designed its native token $PUMPAI with multiple value streams.
Following its design, $PUMPAI features a versatile digital asset that operates as the main utility and rewards token for the ecosystem. Notably, trading fees from Pump AI go towards buybacks that get added to treasure troves. This strategy allows stakers to secure Pump Points, granting access to treasure troves containing $PUMAI tokens.
Additionally, Pump AI will use a portion of all fees collected on the platform to buy back and burn $PUMPAI tokens.
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