Memez.Fun
Virtual liquidity launchpad
Virtual ... what?
In layman terms, Memez.fun is a platform to launch meme coins and bootstrap liquidity. The protocol supports three launch strategies:
Auction (High Risk): It mimics a dutch auction in which the meme coin starts at a very high price and quickly declines until a fair price is found by traders.
Pump (High Risk): The traditional method pioneered by pump.fun. The coin starts at a floor price to avoid early buyers from having a very large advantage.
Stable (Low Risk): It provides a fixed trading price for the coin until the target sui amount is acquired. Unlike a normal presale platform, users can exit their position anytime before the target raise is reached.
Phases
The pools can be in three different phases:
Bonding
All pools start at this phase as soon as they are created. In this phase users are allowed to buy and sell freely.
Migrating
This is triggered once the pool collects enough Sui to migrate from Memez.fun to a DEX. During this time, no trading is allowed. Anyone can call the migration function to move the liquidity.
Migrated
It indicates that a pool has successfully migrated. No trading is allowed in this phase.
It is impossible to return to a previous phase.
Migration
All pools on Memez.fun migrate once a certain amount of Sui is accumulated. This is referred as Target Sui Amount. Once this requirement is meant the liquidity is moved from our platform to a DEX chosen by the deployer.
Closed Loop Tokens
If chosen by the deployer, Memez.Fun pools can issue a Closed Loop Token to prevent buyers from creating pools before migration. Read more about them here.
Miscellaneous
Dynamic Supply
Meme coins on Memez.fun can have any supply. The contracts do not enforce a supply of 1 billion as other launchpads. Moreover, all coins are burnable.
Upgradeable Metadata
Meme coins created on Memez.fun can have their metadata updated by the deployer.
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