@Retired0nCrypto I couldn’t tell ya how many times I go back in the TG to reference your educational posts. You’ve helped me and I’m sure many others in the group become better at this. Sure hope you don’t delete but if you do lmk so I can screenshot all the gems haha
@memechan_gg @CryptoCSuite hey guys, does this also apply to other platform tokens that already hit raydium. I hold a couple bags in other coins but they havent hit my wallet yet. thx
@bsol_x@joshwil08253133 Thx, was this close to buying some. I’m still learning this on chain stuff. How’d you find out it was exploited is it obvious by lookin on solscan or something
@memechan_gg Hey guys excited for the launch. Just had a quick question. How long before coins start appearing in my wallet after they reach raydium. Only asking because i heard its 24hrs but i still dont see them.
Quick Run Down On MemeChan @memechan_gg :
So what is MemeChan? Its a new PumpDotFun competitor, ITS FRESH, just launched like literally 12ish hours ago.
So how is it different from pump?
1 hour cool down for trading so no flip floppers,.
$Slerf is the LP ( main token) 4000 tokens of $slerf need to go into the token before it goes to raydium ( so it ends up being quicker to go to raydum )
Fee structure, is % of liquidity rewards once its on raydium, if it doesn't hit raydium its essentially "fee free".
same fee to create .002 sol to create a token
Similar Ui
Launched today.
1 billion tokens for each coin launch ( same as pump)
tokens Cant be sniped due to it being new so snipers haven't found out, and using $slerf as LP token kind of messes with the bots, also there is vesting so keep reading.
MAIN DIFFERENCE :
Vesting: So lets say a coin bonds and hits raydium your tokens will have a 1 day lock period where no one can sell ( those who bought on the site)
this is state of the art ANTI-JEET-TECH, so then there is a 7 day token unlock period, the 7 day unlock period starts after the first 24 hours, and each day you unlock a % of the tokens. your tokens are staked during this time and you earn fees on LP.
However! You can decide to keep it staked and not sell, and earn proportion LP rewards. Once un-staked, you can not re-stake, once you un-stake the remaining people get the staking rewards ( LP rewards)
MemeChan, is also going to do its own token, and its raised aprox 5.5 mill for it. If you stake the token, you will get a portion of the fees, and if you unstake you cant re-stake.
Sorry for any spelling errors and some of this info might be slightly off or change, but figured I would share the alpha ASAP.
@LeonidasNFT We get it. You wanna on board more ppl, but god damn the UI is ugly af along with those atrocious 25 character names with the stupid dots in between. Sorry guys 😂
@solana_sora any chance you guys could change the banner on dexscreener to the one you have on twitter. I feel like eventually Sora will release to the public and this token will moon. The twitter banner is way cooler
@mrpunkdoteth The problem is me punk is that a lot of ppl missed the entry. They just wanna fud so they can buy at bargain basement prices. Poor bastards just buy higher 😂