GraFun Launches Innovative Memecoin Launchpad on BNB Chain with over 3.8M Pre-Registrations
Lisbon, Portugal, September 27th, 2024, Chainwire
GraFun, a next-generation memecoin launchpad on BNB Chain, officially announces its platform launch. Garnering substantial traction ahead of its debut, GraFun has amassed over 3.8 million on-chain registrations, with 300k+ users funding their wallets in anticipation of the launch.
GraFun is backed by key web3 investors and ecosystem builders including Floki, one of the most prominent memecoins, DWF Labs – the next-generation liquidity partner of choice, DeXe, one of the Top-3 dApp by TVL on the BNB Chain, and HOT Protocol – the fastest-growing on-chain application with 20 million users.
The traditional bonding curve model that memecoin launchpads rely on favors early adopters at the expense of sustainable growth, with sharp price fluctuations and rampant market manipulation. This often leads to pump-and-dump schemes and bot-driven attacks, eroding trust in the space. GraFun fixes these flaws with its innovative Fair Curve, offering a smarter, safer way to launch memecoins.
GraFun’s curve starts with the same formula as traditional launchpads: x * y = k — the classic AMM model. However, GraFun introduces a Contribution Fee, which scales down as the curve progresses. Here’s how it works:
- At the start, users benefit from the lowest token price, but purchases are subject to a Contribution Fee of up to 60%.
- As more tokens are bought and the bonding curve progresses, this fee gradually decreases, reaching 0% by the time the token sale ends, ensuring fair entry for later buyers.
What makes this system truly innovative is how the Contribution Fee is used. Instead of being lost or absorbed by the creator, these fees are pooled into a DAO Treasury. Once the bonding curve is completed and 80% of tokens are sold, the token migrates to PancakeSwap and the DAO is created and funded by the Treasury. Token holders automatically become part of the DAO and gain governance rights over the Treasury directly on DeXe Protocol.
GraFun’s system discourages pump-and-dump strategies. Early buyers may secure the best price, but their fees go to the DAO, meaning they need to wait for more buyers to come in before making significant profits. The design discourages bots and short-term speculators, reducing volatility and creating a more stable price trajectory.
Additionally, as tokens are sold and part of the sale is allocated to the DAO, the total supply available for sale decreases, creating more room for price growth post-listing. This makes GraFun’s launches more secure and attractive to long-term investors.
The DAO, established on DeXe Protocol, gives every token holder a vote. Unlike other launchpads where decisions are centralized, GraFun’s DAO empowers its community. The Treasury, funded by the Contribution Fees, can be used for listing fees, liquidity provision, marketing, or even development grants, providing a solid foundation for future growth. The DAO also supports onchain voting rewards, with 1% incentives per vote, encouraging active participation in governance.
By combining fair token distribution, DAO governance, and an automated contribution system, GraFun gives both creators and investors a secure, transparent, and scalable way to launch new projects on BNB Chain. As the memecoin market evolves, GraFun is poised to lead the way, offering creators a platform where their projects can thrive and holders can be part of something lasting.
Visit GraFun at https://gra.fun to explore the future of memecoin launches.
About GraFun
GraFun is a next-gen memecoin launchpad built on BNB Chain. It introduces the Fair Curve, which minimizes rug-pull risks, reduces price manipulation, ensuring actual fair launches. Supported by Floki, DWF Labs, DeXe Protocol and HOT Protocol, GraFun offers a fairer, more sustainable path for launching memecoins.
