Ethervista launches Etherfun – pumpfun on Ethereum
Ethervista has officially announced the launch of Etherfun, a platform they have designed to revolutionize memecoin trading on Ethereum.
Author: Sahil Thakur
Written On: Mon, 28 Oct 2024 04:19:36 GMT
Ethervista has officially announced the launch of Etherfun, a platform they have designed to revolutionize memecoin trading on Ethereum. Building on the foundation of Pump.fun, Etherfun integrates Ethervista’s innovations to create a seamless experience for both creators and traders, addressing Ethereum’s high gas costs.
Key Highlights:
- Low-Cost Token Launches: Creators can deploy tokens with minimal upfront costs, transferring these to the first buyer, who also earns 2% of the ETH pool.
- Bonding Curve Advantage: Etherfun introduces an optimized bonding curve model with a target of $4,000, offering continuous incentives for creators and traders.
According to their documentation:
Etherfun is designed to eliminate traditional barriers in token creation. It allows creators to initiate projects by providing essential details like token name, image, and optional social links. The platform offers a unique opportunity for first buyers to step in and cover deployment costs, while also securing the lowest token price point and earning 2% of the token’s ETH pool.
The goal for creators is to raise 1.5 ETH, which triggers the automatic creation of a liquidity pool on Ethervista. This incentivizes creators by offering $5 in ETH for each subsequent trade on their token, fostering long-term project development.
Traders benefit from a fair and transparent trading environment. Etherfun’s bonding curve ensures no presales or team allocations, providing every participant an equal opportunity. First buyers play a crucial role, earning 2% of the token’s ETH pool and securing the lowest entry price. The platform also enables users to sell their positions at any time, allowing for dynamic risk management.
With its reduced bonding curve target, Etherfun offers faster project development and minimizes the risk of tokens becoming stagnant. Aligned incentives between creators and traders drive project success, making Etherfun an appealing choice for the growing memecoin market on Ethereum.
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