Detailed Explanation of PUMP Gameplay: Token Issuance + Comments + Live Streaming + King of the Hill

CN
1 month ago

PUMP is a token creation and launch platform based on the Solana ecosystem, where any user can easily create their own meme coin, which is a MEME coin with no intrinsic value. Currently, pump.fun has become the strongest traffic engine and MEME gathering place on Solana, to some extent guiding the arrival of the Solana MEME season.

PUMP Gameplay

1. Create Token: Users can link their wallets on the PandaTool platform and fill in the full name, abbreviation, and logo of the token on the issuance page to issue a MEME coin.

2. Choose Purchase Amount: The person creating the token is referred to as Dev, or developer. The Dev can choose to buy any amount of tokens when creating the token, thereby gaining more chips for themselves.

3. Trade Tokens: Once the token is issued, it can be traded immediately without the need to add liquidity or wait for submission review.

4. Launch and Release: When more than 85 SOL are gathered in the pump's joint curve pool, the token will be launched on Raydium, adding Raydium liquidity and burning LP.

5. Comment Boosting: When the token is traded on PUMP, any supporting user can refresh comments on the trading page to express their love for the token.

6. King of the Hill: At the top of the PUMP homepage, there will be a prompt for "King Of The Hill." When the market cap of a token reaches about $30,000, it can overthrow the current king's position. Once a token becomes the "King of the Hill," it will occupy the top position on the Pump.fun homepage for everyone to see, gaining free marketing.

7. Project Ranking: Multiple different MEME coins will scroll on the PUMP homepage, with frequently traded coins listed in the front positions.

Main Features of PUMP

1. Low Token Issuance Threshold

Through third-party platforms like PandaTool, users can quickly create a token with just a few simple operations. Even for those without technical skills, the entire token issuance process is very simple and user-friendly.

2. Risk Control

PUMP has quickly gained attention for its commitment to fairness and security, ensuring that all token issuances have no pre-sale or team allocation, thereby minimizing the risk of scams. Additionally, no one issuing tokens has the authority to increase or freeze the supply. Once the token is launched on Raydium, the project team cannot obtain LP, further reducing the risk of exit scams.

3. Joint Curve Model

The joint curve is a mathematical model similar to Uniswap's AMM protocol, which determines the price of the token based on its supply, typically increasing the price as more tokens are purchased. This model dynamically adjusts liquidity based on demand, providing an alternative method for liquidity.

4. Strong Community Atmosphere

PUMP creates a page for each token, which includes an introduction, logo, and other information about the token, including price candlestick charts, comments left by other users, recent transaction lists, and swaps for trading tokens. User comments and discussions form a complete token community.

PUMP Auxiliary Tools

1. Token Issuance Tool

Users can create tokens on the official PUMP site or through third-party platforms like PandaTool. Compared to the official site, token issuance tools like PandaTool are more convenient and faster, easy to operate.

2. Bundling Tool

There are many bots in the market that buy tokens at lower prices, hoping for future price increases. If you want to buy tokens faster and at lower prices than the bots, PandaTool's Jito bundling launch tool can achieve this goal.

3. Trading Tool

To become the King of the Hill, you must complete many transactions. If you find individual transactions too cumbersome, you can use PandaTool's market cap tool to automate the entire process, freeing your hands.

4. Batch Tool

Whether it's for trading or other purposes, you need many wallets, right? After getting the wallets, you need to transfer funds, right? After trading, you can also aggregate, right? PandaTool's batch tool can handle bulk wallet generation, bulk token transfers and airdrops, as well as bulk aggregation, etc.

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