GraFun：BNB 链上的新 Memecoin 启动板，由领先的加密货币投资者支持

BNB 链上新的 memecoin 启动板 GraFun 已正式推出其平台。该项目获得了令人印象深刻的关注，收集了超过 380 万的链上注册量。

GraFun, a memecoin launchpad on BNB Chain, has seen impressive pre-registrations for its platform, reaching 3.8 million on-chain registrations and 300,000+ funded wallets before launch.

GraFun 是 BNB 链上的 memecoin 启动板，其平台的预注册数量令人印象深刻，在发布前已达到 380 万的链上注册和 300,000 多个资助的钱包。

The project has garnered support from web3 investors, including Floki, a leading memecoin, DWF Labs, a next-gen liquidity partner, and DeXe, ranking among the top three decentralized applications by total value locked (TVL) on BNB Chain. Additionally, HOT Protocol, known for its rapid growth with 20 million users, is backing GraFun.

该项目获得了 web3 投资者的支持，包括领先的 memecoin Floki、下一代流动性合作伙伴 DWF Labs 和 DeXe，在 BNB 链上按总锁定价值（TVL）排名位列前三名去中心化应用程序。此外，以快速增长、拥有 2000 万用户而闻名的 HOT Protocol 也支持 GraFun。

Traditional memecoin launchpads often use a bonding curve model that benefits early adopters, leading to unstable prices and market manipulation. GraFun addresses these issues with its innovative Fair Curve mechanism. This model promotes sustainable growth by minimizing pump-and-dump schemes and reducing volatility.

传统的 memecoin 启动板通常使用有利于早期采用者的联合曲线模型，从而导致价格不稳定和市场操纵。 GraFun 通过其创新的公平曲线机制解决了这些问题。该模型通过最大限度地减少拉高抛售计划并减少波动性来促进可持续增长。

GraFun's approach begins with the classic Automated Market Maker (AMM) formula. Users face a high Contribution Fee, which decreases as tokens are sold. This system guarantees that early buyers get the lowest prices while also helping later buyers by lowering their fees to zero by the end of the sale.

GraFun 的方法始于经典的自动做市商 (AMM) 公式。用户面临着高昂的贡献费，该贡献费随着代币的出售而减少。该系统保证早期买家获得最低价格，同时也通过在销售结束时将费用降至零来帮助后来的买家。

One unique aspect of the Contribution Fee is its allocation. These fees contribute to a Decentralized Autonomous Organization (DAO) Treasury. After 80% of the tokens are sold, the project transitions to PancakeSwap, and token holders become DAO members, gaining governance rights over the Treasury through the DeXe Protocol.

贡献费的一个独特之处在于其分配。这些费用将捐献给去中心化自治组织 (DAO) 的金库。 80% 的代币售出后，项目过渡到 PancakeSwap，代币持有者成为 DAO 成员，通过 DeXe 协议获得对 Treasury 的治理权。

This structure discourages quick profit schemes. Early investors may benefit from lower prices but must wait for more buyers to enter before realizing profits. The mechanism fosters a more stable price trajectory, attracting long-term investors.

这种结构不鼓励快速获利的计划。早期投资者可能会从较低的价格中受益，但必须等待更多买家进入才能实现利润。该机制促进了更稳定的价格轨迹，吸引了长期投资者。

The DAO enables every token holder to vote on Treasury allocations. This decentralized governance model contrasts with traditional launchpads, offering a collaborative approach. The Treasury can support various initiatives, including liquidity, marketing, and development grants. Additionally, on-chain voting rewards motivate participation, with users earning 1% for each vote.

DAO 使每个代币持有者都可以对国库分配进行投票。这种去中心化的治理模式与传统的启动板形成鲜明对比，提供了一种协作方法。财政部可以支持各种举措，包括流动性、营销和发展拨款。此外，链上投票奖励激励参与，用户每次投票可获得 1% 的奖励。