MemePad
DegenHive provides an innovative platform that combines the creativity of meme-coins with the strategic elements of dragon-bee eggs, allowing for sustainable growth and dynamic liquidity provisioning.
Here's how you can launch and grow your own meme-coin:
Step 1 (Optional): Select a Dragon-Bee Egg
Choose a dragon-bee egg to anchor your meme-coin launch. Note that each egg must undergo a cooldown period after launching a coin, increasing with each subsequent launch.
10% of the meme-coin supply is reserved for the egg used to launch the coin, claimable on a cyclical basis. If you decide to sell your egg, any unclaimed meme-coins will be transferred along with it.
Step 2: Define Your Meme-Coin
Name: Choose a distinctive name for your meme-coin.
Ticker: Assign a unique ticker symbol.
Description: Write a compelling description.
Visual Identity: Select an image or GIF that best represents your meme-coin.
Step 3: Configure Transaction Tax [Optional]
Set a burn tax on your meme-coin, applicable to buys, sells, and transfers, up to a maximum of 10%. This tax can add deflationary pressure, enhancing the coin's value over time.
Step 4: Plan for Liquidity and Incentives
Decide on the number of bribe cycles, which will incentivize users to stake their dragon-bee eggs with your meme-coin’s liquidity pool, thereby enhancing liquidity post-launch.
Step 5: Listing and Liquidity
After completing its bonding curve, your meme-coin will be listed on DegenHive’s AMM in an 80:20 weighted MEME:SUI pool.
Reserve 20% of your meme-coin's total supply to distribute as bribes among users who stake dragon-bee eggs in the coin’s LP pool.
Note that 10% of the meme-coin supply is reserved for the dragon-bee egg only when an egg is choosen for launching a meme-coin. Otherwise, you will have to buy meme-coin from the bonding curve and will not get any supply as reward.
Fee structure
0.3% fees is charged on every meme-coin swap trading on the bonding curve. 50% of this fee is convertible to HIVE and HONEY and distributed among all dragon-bees live on the platform, and remaining 50% is claimable by the admin.
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