Wolfstreet Shares Details Prior Launch; Token Launching, Liquidity Provision, and a Nod to Degeneracy
Built to embrace the spirit of meme culture, Wolfstreet allows degens to launch tokens with ease while incorporating liquidity mechanisms to foster fair trading
Key Takeaways:
Wolfstreet is a new platform for launching and trading ERC20 tokens, emphasizing meme culture and degenerative fun.
Offers two token launch modes: Normal Launch (20 CRO) and Hyped Launch (200 CRO).
Utilizes a virtual liquidity bonding curve to facilitate trading during token launches.
The platform deducts fees for sustainability, with 50% of fees directed toward $MOON buybacks.
Beta phase launches for 1 month, with community feedback encouraged via Discord.
What is Wolfstreet?
Wolfstreet is a token launcher and trading platform designed for the seamless creation of ERC20 tokens. Built to embrace the spirit of meme culture, Wolfstreet allows degens to launch tokens with ease while incorporating liquidity mechanisms to foster fair trading. The official website for the platform is: wolfstreet.fun 🚨.
Token Launch Modes
Wolfstreet offers two distinct token launch modes to cater to different project needs:
Normal Launch Mode
Fee: 20 CRO
Standard launch without special buy restrictions.
Hyped Launch Mode
Fee: 200 CRO
Designed to mitigate sniper bots and promote fair distribution.
Buy limits are tiered over the first 4 minutes:
First 2 minutes: 2,000 CRO max buy.
Next 1.5 minutes: 3,000 CRO max buy.
This structure helps reduce the impact of automated trading bots and encourages fairer participation, though it does not eliminate bots entirely.
Liquidity Bonding Curve Mechanism
At the time of token creation, trading is enabled through a virtual liquidity bonding curve. This mechanism lets users buy and sell tokens using the blockchain’s native token (e.g., CRO). Key points of the bonding curve:
Once the CRO target is met, the token “graduates” to a decentralized exchange (DEX) selected by the founder (e.g., VVS or Ebisu’s Bay).
The CRO contributed during the bonding curve becomes liquidity on the DEX, minus fees.
Fees: A 1% platform fee is applied per trade during the bonding curve phase, with 50% allocated to $MOON buybacks.
The Graduation Process
When the bonding curve’s token supply is fully purchased, the token can graduate automatically or manually:
Graduation Fee: 10% of the raised amount, supporting platform sustainability and $MOON buybacks.
Post-graduation, the token’s remaining supply is paired with the raised CRO and added to the chosen DEX for trading.
Tokens remain tradable via the Wolfstreet interface, leveraging Wolfswap’s DEX aggregator for ongoing trading.
Beta Launch and User Feedback
Wolfstreet will launch in a Beta phase for 1 month. Users are encouraged to provide feedback or report issues via Wolfstreet’s Discord.
Important Disclaimers
No Guarantees: Participation in trading or liquidity provision does not ensure financial returns.
Liquidity Provision: Funds contributed during the bonding curve solely provide liquidity and are not investments.
Risk of Loss: Trading carries risks of market volatility and smart contract vulnerabilities.
Regulatory Compliance: Users must comply with relevant laws in their jurisdictions.
Wolfstreet blends token launching with degenerative fun, offering a unique experience for degens and meme token enthusiasts.
Source: Wolfstreet X
Ready to Get Started with Crypto?
Explore the world of crypto with Crypto.com and support Build On Cronos in the process! Sign up using our Crypto.com Referral Link or code BUILDONCRONOS and earn up to $50 in CRO rewards when you complete simple tasks like trading and staking.
Disclaimer
Build On Cronos is an affiliate partner of Crypto.com with a commission. Opinions expressed here are not financial advice. Please conduct your research before making any investment decisions. Crypto trading carries risk, and losses are your responsibility. Referral rewards are subject to Crypto.com’s App Referral Programme terms and conditions.