WAX.fun: A Fair-Launch Token Platform on WAX
WAX.fun is a decentralized platform for creating and trading tokens like meme coins or utility tokens on the WAX blockchain. It uses a fair-launch system, meaning no presales or team allocations. Everyone starts equally.
How It Works:
• Create a Token: Pick a name, symbol, and image. Pay a small fee in WAXP.
• Bonding Curve Pricing: Token prices increase as more are bought. Once 80% of the supply is sold, trading opens.
• Milestones: At ~$25K market cap, tokens are featured. At ~$50K, liquidity is moved to Alcor Swap and LP tokens are burned.
• Fees: 1% fee on WAX.fun trades. Alcor charges a 0.3% fee, which is burned to reduce token supply.
Key Features:
• No presales or reserved allocations
• Automated liquidity management
• Visibility boosts based on token performance
WAX.fun offers a simple and transparent way to launch community tokens without deep technical knowledge.
