GraFun: BNB Chain’s Memecoin Launchpad for PancakeSwap V3

GraFun: BNB Chain's Memecoin Launchpad for PancakeSwap V3
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GraFun Achieves $250 Million in Volume

In just the first 24 hours after its launch at the end of September, GraFun amassed approximately $250 million in trading volume. The platform saw significant user engagement, with over 850,000 unique users and more than 130 million requests on its launch day.

  • The platform generated around $100,000 in network fees on launch day.
  • GraFun’s Fair Curve model has been well-received, greatly reducing the chances of price manipulation and rug pulls.

On its first day alone, GraFun accumulated over 5,000 projects, highlighting the growing popularity of this new launchpad on the BNB Chain. To date, GraFun has recorded more than 12,000 token launches and earned around $250,000 in platform fees (equivalent to 428 BNB).

Community-Centric Approach and Support

The GraFun team emphasizes a mission to provide long-term investment options and tangible growth for its users. They have actively promoted the values of the Fair Curve model and the Decentralized Autonomous Organization (DAO), which prioritizes community interests.

GraFun has garnered support from notable entities such as the memecoin Floki Inu and DWF Labs. According to a developer known as B, Floki Inu is the leading memecoin on the BNB Chain, and its backing of GraFun signifies the influence Floki holds within the ecosystem.

“Floki has always strongly believed that memecoins will drive the true crypto revolution since retail more easily connects to memes than anything else, and we’re seeing that playing out recently with memecoins going more mainstream…”

Incentivizing Ethical Behavior

GraFun has implemented several strategies to promote ethical behavior among the projects launching on its platform. These include rewards for:

  • Launching token sales
  • Achieving trading volume goals
  • Engaging with GraFun’s social media
  • Referring friends to the platform

Users can earn rewards in the form of the GraFun token (GRA), which grants access to exclusive airdrops and tokens. Additionally, users can benefit from a referral program, receiving 10% of the points accrued by their referrals.

GraFun believes that incentivizing ethical behavior will usher in a new era for BNB Chain projects. This approach allows projects to focus on community building and essential features, rather than getting bogged down by technicalities during their memecoin launches.

Conclusion

In its first week of operation, GraFun has exceeded expectations and is poised to reshape the BNB Chain trading landscape. By establishing itself as a premier memecoin launchpad, GraFun is set to change how projects launch and thrive in the crypto space.