We cloned PUMP and cut the fees with 70%: 0.5% a trade instead of 1.25%. Snipers who buy in block 0 pay a 99% fee.
Pmfm2RprxQRKZH1XWVsBUc2KgCTyzeDTSFbT1vJmogz
A quick explanation of what https://t.co/TvfWT2T6hq is and how we actually make money, so there's no "too good to be true" confusion.
Our fee is 0.5% on tokens launched on the platform. Here's how it's split:
- 0.3% goes to rewards
- 0.1% goes to Meteora
- 0.1% goes to https://t.co/TvfWT2T6hq
On our flagship coin, the 0.3% will go into buybacks FOREVER.
Our hope is that coins launched on the platform will generate enough revenue for us to keep building and pushing https://t.co/TvfWT2T6hq forward.
0.1% sounds like such a small amount, but this is a billion-dollar industry. And here's how we see it. The more money people keep in their pockets, the more volume they can generate, and the more revenue we make from our tiny 0.1% cut.
To put things into perspective, https://t.co/IVu03n0AOR has generated over $1.18 BILLION in revenue since launch.
Even if we made 99% less than that, it would still be more than enough to keep us in the game and continue building.
We don't need to squeeze every last dollar out of our users to run a successful platform. We'd rather have people trading more, earning more, and coming back.
That's our business model. It's really that simple.
https://t.co/gyr6viO3gL
A quick explanation of what https://t.co/TvfWT2T6hq is and how we actually make money, so there's no "too good to be true" confusion.
Our fee is 0.5% on tokens launched on the platform. Here's how it's split:
- 0.3% goes to rewards
- 0.1% goes to Meteora
- 0.1% goes to https://t.co/TvfWT2T6hq
On our flagship coin, the 0.3% will go into buybacks FOREVER.
Our hope is that coins launched on the platform will generate enough revenue for us to keep building and pushing https://t.co/TvfWT2T6hq forward.
0.1% sounds like such a small amount, but this is a billion-dollar industry. And here's how we see it. The more money people keep in their pockets, the more volume they can generate, and the more revenue we make from our tiny 0.1% cut.
To put things into perspective, https://t.co/IVu03n0AOR has generated over $1.18 BILLION in revenue since launch.
Even if we made 99% less than that, it would still be more than enough to keep us in the game and continue building.
We don't need to squeeze every last dollar out of our users to run a successful platform. We'd rather have people trading more, earning more, and coming back.
That's our business model. It's really that simple.
https://t.co/gyr6viO3gL
Working perfectly:
- Lowest fees
- Streams
- Bounties
- Rewards
- Swaps directly on the website (0.1% fees btw)
- OTC (a whole other product inside ours)
- Pairing with memes and stocks
- Pairing with perps
To smooth out:
- 1000x Perps (Moggerz)
Upcoming:
- Onboard 2 tek projects
- Agent Coins
- Launch and trade tokens directly from X
Okay, we are seeing some bugs with Moggerz, especially with certain wallets like Phantom.
We will be spending the next 12 hours ironing out the bugs we've collected over the past day and pushing forward to deliver a better user experience.
Never forget that $30K would have gone straight into Pump's pockets if you hadn't traded solana:Pmfm2RprxQRKZH1XWVsBUc2KgCTyzeDTSFbT1vJmogz.
https://t.co/JQ8Y9kIrTE
Introducing Perps Mode!
The coin's fees are used to automatically open a long or short position every time $110 in fees is collected.
We're currently working on moving away from Pacifica so we can open perps positions with as little as $10.
Introducing Moggerz.
We see what's shifting the market, like PaperTrade / Hyperliquid introducing 1000x leverage and pump's introducing perps.
So we're bringing the most degenerate version to Solana.
Perps with up to 1000x leverage.
Just spent the last couple hours digging into $MOGZ and ngl, this might actually be the cleanest launchpad play right now.
They cloned PumpFun but cut the fees almost in half (0.5% instead of 1.25%+), added a 99% tax on snipers in the first block, and liquidity is locked forever. Dev already burned their bag and creator fees are getting claimed every minute and dumped straight back into the chart.
Volume’s been solid, holders are climbing, and it’s currently holding a pretty steady floor after the early move. Feels like the kind of setup the trenches have been waiting for instead of another high-fee farm.
CA: Pmfm2RprxQRKZH1XWVsBUc2KgCTyzeDTSFbT1vJmogz @MogzFun
Anyone else watching this or am I early?
GM!
We are introducing Over-the-Counter (OTC) deals! P2P selling.
Now you can sell your tokens without wrecking the charts and get a better deal. You pay only a 0.5% fee with 0 slippage.
This works with any token launched on solana:Pmfm2RprxQRKZH1XWVsBUc2KgCTyzeDTSFbT1vJmogz.
Already live at https://t.co/V0IyHzpM6O
Someone took our "Over The Counter" feature and launched just that as a product, a little while ago.
That's how you know you've built a pretty robust launchpad.
solana:Pmfm2RprxQRKZH1XWVsBUc2KgCTyzeDTSFbT1vJmogz them all.
@metraonSol Because X was made on an app downloaded in the UK, while I live in the US. And I switched to show continent instead of country.
Cause Uk is bearish and you are an example of that.
I've been talking to devs with some really good utility projects.
Because we offer the same 0.3% dev rewards as Pump, I think we should be able to attract some solid utility projects to launch on our platform.
And here's where it gets even better. Pump's dev rewards decrease at higher market caps, eventually dropping to just 0.05%. Meanwhile, our 0.3% stays fixed, no matter how big the project gets.
If you're building something with real utility and thinking long term, you should be launching it on $MOGZ.
Let's not let the negative sentiment around another "competitor" project "exiting" overshadow all the progress we've made.
If you go on Axiom or any other terminal and compare the early buyers (who were all gone within the first 15 minutes) to the current holders, you'll see that they're all real, unique holders.
Meanwhile, here are some stats: