quick TLDR of @ethervista:
• pump fun-esque product on mainnet, exploded overnight and at 27M now
• You must create your coin's contract yourself, they don't create coins for you
• What they do provide is "Launch" function. Supply any amount of your new coin, ETH, and they will give you LP tokens for their proprietary DEX. It is up to you whether you want to burn these LP tokens, they are not auto burnt.
• This DEX is special because of their fees system. There are hard-coded buy & sell fees that go to 1) LPers and 2) creator of coin. These fees are not % based, but fixed $ amounts. For $VISTA buys for example, $6 goes to LPers and $3 goes to $VISTA team. Also, $1 in every txn goes to $VISTA devs.
That's pretty much the long and short of it. I don't see this as a pump fun clone, but more of a uniswapv2 style DEX with a unique fee structure - fixed instead of % based fees. It's a unique experiment to say the least. Fixed fees punish smaller buys vs larger ones.
There's probably a lot I'm missing here but this is what I quickly gathered from a quick read - please comment if I'm missing stuff. I was not early into this unfortunately and top blasted some at around 24M.
• pump fun-esque product on mainnet, exploded overnight and at 27M now
• You must create your coin's contract yourself, they don't create coins for you
• What they do provide is "Launch" function. Supply any amount of your new coin, ETH, and they will give you LP tokens for their proprietary DEX. It is up to you whether you want to burn these LP tokens, they are not auto burnt.
• This DEX is special because of their fees system. There are hard-coded buy & sell fees that go to 1) LPers and 2) creator of coin. These fees are not % based, but fixed $ amounts. For $VISTA buys for example, $6 goes to LPers and $3 goes to $VISTA team. Also, $1 in every txn goes to $VISTA devs.
That's pretty much the long and short of it. I don't see this as a pump fun clone, but more of a uniswapv2 style DEX with a unique fee structure - fixed instead of % based fees. It's a unique experiment to say the least. Fixed fees punish smaller buys vs larger ones.
There's probably a lot I'm missing here but this is what I quickly gathered from a quick read - please comment if I'm missing stuff. I was not early into this unfortunately and top blasted some at around 24M.
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