huihzhao commented 2 months ago

Main Objectives/Goals:

The goal is to provide better support for memecoins and new token standards by developing new types of launchpads that integrate with various platforms, such as Telegram and social media. This approach will enhance the visibility and accessibility of new tokens, fostering a more dynamic and inclusive ecosystem for token launches and community engagement.

Challenge Description:

Memecoins and new token standards serve distinct purposes in the cryptocurrency ecosystem, each contributing to innovation and community engagement in unique ways. To effectively support memecoins and new token standards, consider the following functions:

Seamlessly integration with social medias, e.g. telegram, twitter, farcaster
Best support for token launching: fair launch, liquidity management, etc
Socialized trading experience: copy trading, liquidity sniping, private transactions.
Innovative ways to discover alpha.

huihzhao commented 1 month ago

Four.meme - https://four.meme/ It's a fair launch Meme Launchpad and the go-to hub for meme token launches on the BNB Smart Chain by leveraging the ‘FOUR’ as culture symbol. How does it works？

Four.meme requires no technical skills, users just need to configure the token and launch it in several steps. Configure your token name, coin symcbol, description, etc Launching: developers have the opportunity to purchase a portion of their token supply in the same transaction to protect your coins from snipers

What makes Four.Meme best-suited to execute this Mission? Fair launch makes your token immediately tradable and eliminate the need for seeding initial liquidity. This kind of launchpad extremely simplify the user experience and make the token launch affordable.

huihzhao commented 4 weeks ago

Burve Protocol - https://app.burve.io/?chainId=56 Burve helps users efficiently and cost-effectively create their tradable tokens and AMM economic models in a modular fashion. How does it works？ There are two models for token launch: HODL

Customizable and transparent AMM models tailored to specific purposes
Selective anchor token options LOL
Only USDT is supported as the anchor token.
Total token supply is 100M, with 100% in circulation.
Launched under a fixed curve model;
The launcher can pre-purchase any amount of tokens during the launch, recorded as the first buy order on-chain

What makes Burve Protocol best-suited to execute this Mission? Fair launch and innovative bonding curve makes the token economy more sustainable. There are some key features that makes economy model outstanding:

Liquidity Provision
Token Acquisition
Customizable Parameters [HODL only]
Revenue Structure [HODL only]
Asset-backed Tokens

huihzhao commented 4 weeks ago

Besides Four.meme and Burve Protocol, Myshell, Flap and Holoworld.ai are also actively working on this direction.

Mirror-Tang commented 2 weeks ago

I would like to point out if the project needs to be open source to meet the funding requirements.

jasonrale commented 2 weeks ago

FFLaunch and Memeverse

Truly community-driven token financing paradigm

Github: @OutrunFinance

Dorahacks: BUIDL

FFLaunch (Startup Team Fundraising)

Risk-Free LaunchPad

We can proudly proclaim that we are the first "Risk-Free" LaunchPad in history. Why can we say this?

FFLaunch is renowned for its fairness and zero-cost approach, complemented by the Outstake and Outrun AMM integration to form a closed loop. Users can mint tokens by staking and locking native yield tokens. The LST (PT) generated from staking these native yield tokens will be paired with a reserved portion of tokens in the contract to provide liquidity on the Outrun AMM. The liquidity provider (LP) tokens will be locked for a certain period, and users will receive YT tokens in return for staking and locking their native yield tokens. Once the lock period expires, users can withdraw their LP tokens, which consist of their LST (PT) and the reserved tokens. This effectively allows users to obtain these tokens for free while continuously participating in the overall liquidity-building process of the project.

During the LP lock period, the fees generated from the trading pair accrue to the project team, which can be claimed by invoking the FFLauncher contract. Upon expiration of the LP lock, investors can withdraw their locked LP by burning the liquidity proof tokens (or sell them earlier if preferred). For investors, this equates to acquiring project tokens at no cost, while the project team gains continuous revenue flow.

New tokens cannot be released during the liquidity lock period

Under our audit of the token smart contract, all projects launched on FFLaunch cannot mint or release new tokens during the LP locking period. New tokens can only be released one week after the lock period ends. This means that even if no new buyers purchase the tokens and all investors participating in FFLaunch sell all their tokens after receiving them, within this closed system with no new tokens added, when the LP lock period expires, investors will regain the tokens they sold. FFLaunch can completely prevent Rug Pulls and allow investors to receive these tokens for free.

A win-win situation for Web3 users and project teams

In this "Risk-Free" scenario, the participation funds will exceed those of ordinary LaunchPads. The tokens will receive ample liquidity support and market attention, and the project team will earn sufficient fee income, achieving a win-win situation. This is the true primary market, not those fake IDOs. This is the true essence of Web3!!!

As an Investor Participating in FFLaunch

Free Tokens: Investors can mint tokens by staking Native Yield Token, without needing to purchase tokens directly, making the acquisition cost extremely low, effectively getting tokens for free.
Risk-Free Returns: Investors' staked funds can be redeemed after the lock-up period, meaning that even if the project fails, investors can reclaim most of their initial investment, achieving very low-risk returns.
Preventing Front-Running and Dumping: During the liquidity lock-up period, new tokens cannot be minted or released, preventing the project team from using initial users as exit liquidity.
Continuous Earnings: During the lock-up period, staked Native Yield Token will generate native yields, distributed in the form of YieldToken(YT), providing investors with additional earnings.
Rug Pull Prevention: The FFLaunch model prevents project teams from absconding with raised funds, ensuring fairer token distribution and protecting investors' rights.
Tradeable Liquidity Proof: Investors mint tradeable liquidity proof tokens when they lock liquidity. They can trade these tokens at any time, thereby managing their risk while their liquidity remains locked.

As a Project Team Participating in FFLaunch

Fair Fundraising: By providing liquidity and a lock-up mechanism, project teams can ensure that the funds raised are more equitable and transparent.
Continuous Fund Flow: Project teams can receive ongoing funding support from transaction fees generated during the LP lock-up period, incentivizing them to continuously improve and maintain the project.
Enhanced Market Liquidity: Since tokens are obtained for free, more users are attracted to participate, increasing the depth of the liquidity pool and enhancing market liquidity.
Market Attention: FFLaunch offers an innovative issuance model that can attract more market attention, especially from investors who are skeptical of traditional ICO/IDO models.
Flexibility and Innovation: Project teams can use ITokenGenerator interface (subject to review) to customize their launch logic, meeting specific needs and enhancing the project's uniqueness and appeal.
User Stickiness: Since investors hold shares of the liquidity locked during the FFLaunch genesis period, each genesis user is considered a shareholder during the liquidity lock period. This ensures that users continuously monitor their investments and potentially provide exposure opportunities for the project, significantly reducing operational obstacles for the project's cold start.
Meme-Based Operation method: Given the meme attributes of FFLaunch tokens, project teams can engage with and communicate with users in unique ways through meme-based operation method.

Applicable Scenarios

For project teams, participating in FFLaunch not only provides a continuous revenue stream but also attracts a large number of users due to its low-risk nature, which can increase project exposure and offer ample liquidity for the token. FFLaunch is particularly suitable for the following scenarios:

Verified Startup Teams: Projects in the early stages of development with significant potential, especially those that have won awards in related startup competitions, can conduct a community seed round on FFLaunch. During this period, liquidity is locked until the TGE (Token Generation Event), allowing the project to iterate on the product and maintain engagement with the community.
Mature Projects Preparing for TGE: For projects that are already very mature and ready for TGE, where the project team and investment institutions have lock-up plans, FFLaunch can be used for public fundraising. Liquidity is locked until the team and institution tokens are unlocked, ensuring smooth project operation and increasing user retention during this period.
Airdrop Preparation: FFLaunch is also suitable for airdrop scenarios. Since FFLaunch supports custom token generators (subject to review), developers can authorize certain users on a whitelist to mint tokens through FFLaunch. Users can receive tokens for free, while liquidity is provided for the tokens. This approach keeps users engaged with the project even after the airdrop, unlike traditional airdrops where users often sell the tokens immediately and lose interest in the project.

Memeverse (Memecoin Launch)

Trapping into the Memeverse

Inspired by FFLaunch, Memeverse shares many similarities and can be seen as the public version of FFLaunch, specifically designed as a protocol for Memecoin, while inheriting all the advantages of FFLaunch. Compared to the entry barriers of FFLaunch, anyone can create their own Memecoin on Memeverse, adhering to the principles of Fair & Free.

Why choose Memeverse?

Currently, there are many Memecoins launch methods in the market, but these methods are quite primitive and lack innovation. They also face significant risks, such as insider trading (Some platforms even promote “immediate purchase within the same transaction as the token issuance” as a major selling point.), Rug Pulls, and a strong element of gambling, without creating any new value. Compared to its competitors in the market, Memeverse offers the following advantages:

Unique Symbol Ensures Scarcity: Each Memecoin's symbol in Memeverse is unique, ensuring naming scarcity. This helps Memecoins (especially those created for news-driven trading) to have stronger recognition and appeal in the market.
FFLaunch Style Launch: Memeverse launches through FFLaunch to avoid common risks such as fraud, insider trading, and rug pulls in traditional Memecoin issuance. This method ensures that all participants start on an equal footing, reducing their risk and providing a relatively safe way to participate.
Capturing Staking Rewards from Outstake: Memeverse allows users to earn native staking yields generated by Outstake through minting Memecoin, which enhances capital efficiency. This enables investors to participate in Memecoin activities while also engaging in DeFi staking. This mechanism not only attracts novice investors to DeFi but also brings more potential users to the DeFi ecosystem.
Continuous Financial Support and Gas Fee Refund Returns: Memecoin creators can receive ongoing financial support from trading fees generated by locked liquidity and enjoy a MEV rebate of all gas fees incurred on that Memecoin (Only Blast L2). These forms of revenue provide economic support and incentives for the continued operation of the Memecoin community or for developing utility functions for Memecoin.
Memeverse Referral Service: Memeverse allows users to generate one-click direct referral links for Memecoin. Clicking the link will take users directly to the Memecoin details page. When the referred users trade using the link, the referrer will receive a commission from the protocol fees.
Memeverse Reserve Fund: The Memeverse Reserve Fund can provide price support, and anyone can use the funds in the reserve fund. Additionally, during continuous repurchases, a portion of Memecoin will be permanently destroyed, and the reserve fund will continuously grow in size when Memecoin is sold.
PPP Low-Risk Attracts More Capital Participation: Compared to the prevalent high PVP sentiment in the current Memecoin market, participating in the Memeverse genesis involves lower risk. Due to the features of FFLaunch and the presence of reserve funds, even in the almost impossible extreme scenarios, investors can retain most of their investment, and this predictability in mathematics eliminates uncertain risks. This low-risk characteristic attracts capital with lower risk tolerance to invest in Memecoin, providing more abundant liquidity for Memecoin issued through Memeverse. This lays a solid foundation for the development of Memecoin.
Community Support and Viral Spread from Genesis Users: Every participant in the Memecoin genesis launch becomes a strong advocate for the Memecoin community. They not only hold tokens but also possess liquidity shares locked during the genesis period, making them shareholders during this time. This fundamental drive encourages them to promote the Memecoin they participated in during the liquidity locking period. This mechanism helps reduce operational barriers during the Memecoin community's cold start phase and promotes rapid viral adoption.

In summary, Memeverse provides innovative issuance methods, staking reward mechanisms, economic support measures, and community-driven forces, offering new perspectives and solutions for Memecoin development. These advantages not only enhance the market competitiveness of Memecoins but also have the potential to drive the entire industry towards greater transparency, security, and sustainability.

What we can bring to the BNB Chain？

Outrun ecosystem is powered by native yield tokens, and we can provide greater utility for native yield tokens on the BNB Chain (such as slisBNB, lisUSD, STONE, etc.). Outstake can be considered an enhanced version of Pendle, proposing a non-USD stablecoin model that is pegged to the yield rates of native yield tokens. This model is persistent, unlike Pendle, which has various expiration limits.
FFLaunch and Memeverse, as new fundraising paradigms that are genuinely community-driven and embody the true spirit of Web3, bring more traffic and liquidity to DeFi through integration with native yield tokens. For example, in Memeverse, users need to mint or use native yield tokens when participating in genesis or trading Memecoins. The combination of Memeverse and LSD will allow Memecoins investors (Who may have never engaged with DeFi before) to passively participate in BNB staking, which also has a certain educational significance.
Traditional DeFi users are often deterred by the high risks associated with Memecoins, but Memeverse disrupts the traditional issuance model of Memecoins, offering a risk-controlled way to enter the Memecoins universe. Memeverse can be seen as a two-way wormhole between the DeFi universe and the Memecoins universe, fostering mutual prosperity and development.
For BNB Chain, more BNB will be staked, thereby better ensuring the security of the BNB Chain network. The flourishing development of native yield tokens (LSTs, LRTs, Stablecoins) will bring higher composability and more possibilities to the DeFi space on BNB Chain. As a result, BNB Chain will experience a higher TVL and greater activity.