We've just acquired https://t.co/B2R9BP1hdH, the original domain that helped develop what now is https://t.co/SNr5ORT63N.
A little about us: we are a group of white-hat devs focused on building a transparent alternative to existing launchpads (https://t.co/SNr5ORT63N).
Members of our team are also contributors to Meteora Invent, a template launchpad designed for new teams looking to build on @MeteoraAG, it's important to include this so the general audience knows we have some experience on our hands.
https://t.co/zyOWzFwJUg
Quick note, read this tweet to understand fee structure, the 10% that goes to us will be used for development purposes.
We'd like to onboard more developers to help us with this project, and if you are reading this @STACCoverflow we'd love to have you onboard, as this is your old domain / project.
Your insight would be super valuable into creating the ultimate launchpad that provides values from the space, not just extracting.
Everyone helping build this project is committed to listening to the community.
If you have ideas for better fee mechanisms, distribution models, or launch mechanics, we want to hear them.
The infrastructure we are building on @MeteoraAG is highly customizable, which allows us to experiment with different structures and iterate quickly.
Our current fee model is super simple, but subject to change granted user feedback:
• 2% buy / 2% sell trading fee
• 90% of all generated fees automatically buy back into the token
• 10% of fees go to the development team
The intention is to ensure that the majority of value generated by the platform flows directly back into the ecosystem rather than being extracted from it.
Fee Vault PDA:
52yupnZphgU8ScmYMqyhMQwnCYT7wdetHRNX5Bo7FUV1
A year ago, Ben Pasternak entered the scene with the TGE for Believe. In the beginning the launchpad saw strong traction, but over time the incentives shifted and greed ultimately eroded what made the platform work in the first place.
The goal here is to avoid repeating that cycle.
Again, this is something a group of people are working on. There may be bugs, edge cases, and other errors, rest assured these will be fixed.
Our goal is to fix the issues that https://t.co/SNr5ORT63N and other launchpads suffer from, the main being fee allocation.
We are experimenting with different ways to reward holders.
The first iteration of freins goes live shortly, we now have full rights to the domain https://t.co/bl4MJDMrZd.
Our first focus is a working launchpad that can handle stress, everyone will be able to launch a token.
Features being worked on;
- King Of The Hill
- UI Improvements
- Calculate Holder Duration
- Fee Allocation
Currently if your token is on King Of The Hill, 100% of the creator fees will be used to buy-back the token.
We've just acquired https://t.co/B2R9BP1hdH, the original domain that helped develop what now is https://t.co/SNr5ORT63N.
A little about us: we are a group of white-hat devs focused on building a transparent alternative to existing launchpads (https://t.co/SNr5ORT63N).
Members of our team are also contributors to Meteora Invent, a template launchpad designed for new teams looking to build on @MeteoraAG, it's important to include this so the general audience knows we have some experience on our hands.
https://t.co/zyOWzFwJUg
Recent exposure from @STACCoverflow regarding questionable practices in the space has made it clear that better infrastructure and transparency are needed.
We also want to be clear about one thing. This is not an attack on @pumpdotfun or any of its competitors.
Many of us have been deeply involved in this ecosystem for years and understand how these systems work. Our goal is simply to build a more transparent, developer-friendly alternative and push the space forward.
We've sent a DM to @STACCoverflow, if you are reading this, we'd like to have a word, it's time to build a better solution.
Hypothesis: The transaction patterns and behaviors of users on https://t.co/mOqdmeWrHF, particularly during coordinated buying (pumping) and selling (dumping) activities, can rapidly saturate any bonding curve they target. This overwhelming activity can be inferred from the transaction logs showing users exiting with profits, suggesting a systemic ability to manipulate market caps efficiently. Given that PW_Friens is the singular entry/exit point for the pumpinator contract, these coordinated actions have substantial market impact.
Step-by-Step Explanation
Explanation for a Novice
Basics of Pump-and-Dump:
In a pump-and-dump scheme, many people buy a cryptocurrency at once (pumping) to increase its price and then sell it off quickly (dumping) to make a profit, leaving others to bear the losses.
UI/UX Basics:
UI (User Interface) is about how the platform looks, and UX (User Experience) is about how easy it is to use. Good UI/UX design helps users navigate and perform actions smoothly.
Problem Statement:
The design and functionality of https://t.co/mOqdmeWrHF allow a large group of users to coordinate and perform pump-and-dump activities efficiently, as seen in transaction logs where users consistently make profits. When 1000 users each buy a large amount of tokens simultaneously through the PW_Friens entry point, it can quickly drive up the price and enable profitable exits.
Example:
Imagine 1000 people using https://t.co/mOqdmeWrHF, each buying a large amount of a specific cryptocurrency at the same time through PW_Friens. This collective action can quickly drive up the price, allowing them to sell off at a higher price and make a profit.
Explanation for a Ph.D. Student
Detailed Analysis:
1. Holder Distribution:
The distribution data shows centralization, but more importantly, it indicates the platform’s capacity to drive significant market movements through collective action.
2. Transaction Patterns:
The logs show frequent, synchronized transactions where multiple users buy and sell within a short period through PW_Friens, exiting with profits. This implies a high level of coordination and efficiency in manipulating market prices.
3. Account Details:
Detailed financial summaries for each user on https://t.co/mOqdmeWrHF reveal substantial deposits and withdrawals. These patterns are indicative of the platform’s ability to manage and execute high-volume transactions quickly.
4. Social Media Insights:
User feedback on social media highlights the platform’s effectiveness in facilitating profitable pump-and-dump schemes, reflecting a UI/UX that supports rapid trading and real-time updates.
Quantification:
From the first screenshot, we see multiple users exiting trades with profits through the PW_Friens entry point. This implies that the platform enables users to quickly buy large quantities of tokens and sell them for a profit, indicating a highly effective pump-and-dump mechanism.
Explanation for an Expert (e.g., Vitalik Buterin)
Technical and Behavioral Insights:
1. Smart Contract Efficiency:
The smart contracts in https://t.co/mOqdmeWrHF are designed for rapid transaction execution, crucial for the pump-and-dump strategies employed by its users. The system’s ability to handle numerous simultaneous transactions through PW_Friens ensures that users can effectively manipulate market prices.
2. Scalability Concerns:
The platform’s design allows for scalability, as evidenced by the synchronized actions of a large user base that can quickly saturate any bonding curve. This scalability is crucial for executing large-scale pump-and-dump schemes.
3. Behavioral Economics:
The coordinated behavior of users on https://t.co/mOqdmeWrHF demonstrates a collective strategy to exploit market inefficiencies. The UI/UX facilitates this by providing real-time information and easy access to trading actions, enabling users to capitalize on price movements rapidly.
Quantification:
The provided transaction logs show that users can consistently exit with profits through PW_Friens. This indicates that the platform supports a high level of transactional throughput and market impact, allowing coordinated user groups to drive significant price changes and realize profits efficiently.
Summary and Prognosis
Summary:
The UI/UX design of https://t.co/mOqdmeWrHF, particularly in its integration with https://t.co/xhA6XrAO47, enables its users to rapidly and effectively engage in coordinated pump-and-dump activities. This capability is inferred from transaction logs showing profitable exits through the PW_Friens entry point, indicating the platform’s ability to manage high-frequency, high-volume trading.
Prognosis:
If https://t.co/mOqdmeWrHF continues to support such efficient and coordinated trading activities through PW_Friens, it will maintain its relevance and appeal to users engaged in pump-and-dump schemes. Enhancing the platform to better manage and display real-time data and transactions will further solidify its position in the market.
Dare to Break Feelings:
The reality is that https://t.co/mOqdmeWrHF has a significant impact on market dynamics through its user base.