STONK allocation is now live.
The governance vote has successfully passed, and the allocation process is officially underway.
Eligible participants who hold STONK can now take part in the distribution and receive their allocated community rewards.
Additional details and next steps are outlined below.
1/2 🧵
Solana is tokenizing everything
StonkFun provides attention, volume & distribution to everything
Launch coins paired with anything.
https://t.co/RyZMZAmZet
Introducing memecoins paired with Collectibles!
You can now launch coins paired with Pokemon cards
https://t.co/STPxPcTGgB
Paired with $SV151, which represents tokenized shares of sealed Pokemon SV151 packs, the set featuring the original 151 Pokemon, the OG heroes of the game.
Every $SV151 token is backed by real packs held in custody by @BedrockFndn.
Powered by @sunrise
Memecoins paired with anything.
Memes have traditionally been paired with $SOL, meaning you would trade coins directly against Solana.
Now, there’s a new way to launch & trade anything.
You can launch coins paired with a broad list of custom quote assets, such as RWAs, commodities, currencies, memes, and more to come.
Get airdropped rewards for holding coins while trading against anything.
https://t.co/LCcwPSMSIa
Powered by @Raydium
Memecoins / paired with anything
Only possible on StonkFun
Launch coins that are paired against RWA's, currencies, memes, commodities and more
Tradeable everywhere
https://t.co/aSdFan4u04
Major updates & improvements soon
StonkFun Updates:
Here is some information on what is coming over the next week and being worked on.
LaunchLab integration:
As previously stated this will solve for many issues, increase potential volume and more.
- Low deployment fees (0.02-0.03 SOL vs 0.3)
- Your own deployer wallets
- Heavily reduced risk of snipers as we have faced on new pairs on the operator wallet. It can't be done the same way with unique deployer wallets
- Bonding curves with custom quotes, that users are used to
- Integrated into platforms
- Permissionless
Frontend Updates:
We will be focusing on improving our desktop and mobile UI after we are finished with the LaunchLab integration. We understand this has not been a large focus for us thus far, as we have focused on improving our backend for scale across rewards, deployments, and more.
New Listings:
We will be continuing to work with Sunrise to support new assets, and have a automated solution to them being listed the moment liquidity is added to the pools.
We also are looking into incentives around new listings, to reward creators & traders.
User Docs:
We are working on our full user docs, which will be a Gitbook with all the information you need to know about the platform.
As we currently offer a developer docs, but no user docs. That will be completed after the LaunchLab integration as well.
Rewards:
Looking into further ways to move our reward distributions on chain, to make StonkFun even more decentralized.
This is will be a focus for us after we complete the LaunchLab update.
As discussed before, there is potential around using a Merkle Distributor.
Social presence:
Improving our overall social presence is a focus as well as we grow, improving on the quality of our posts, while driving further growth.
We appreciate all the support thus far.
More TBA!
Stonkfun has now surpassed $100,000,000 in RWA volume on @solana!
RWA Volume: $106,373,598
Raydium Volume: $167,357,493
Total Volume: $296,203,681
https://t.co/LCcwPSMSIa
You can now launch coins with 1% rewards!
This is now the default option, and users can choose which fee tier they want to use for rewards:
- 1% rewards
- 3% rewards
This only affects the rewards fee — there’s no change in platform fees.
https://t.co/Lq5IOclcO9