What is ODIN.FUN?
Odin.Fun is the fastest way to trade tokens on Bitcoin, creating tokens in seconds, purchasing and selling tokens at lightning speed on a pump fun style bonding curve. In our built-in AMM, you can deposit and withdraw liquidity as quickly as clicking. Buying and selling along the AMM curve is as fast as a bond curve, everything is lightning-fast and updates in real-time.
What are Bitcoin Memecoins?
Bitcoin Memecoins are tokens created and traded on the original blockchain. Bitcoin is the most decentralized, permissionless, and secure blockchain on Earth. It makes sense to deploy and trade tokens (a la memecoins) on Bitcoin.
The history of tokens on Bitcoin dates back at least 10 years (or longer): Colored Coins, Spells of Genesis, Rare Pepes, Counterparty, Ordinals, BRC-20, Runes, and many other Bitcoin meta-protocols. We currently only support the Runes protocol, but we will add other token standards as soon as possible.
Why is ODIN.FUN so fast?
Odin is built for speed, constructed on what we affectionately call the Valhalla layer behind Bitcoin, Valhalla enables 2-second finality, provides decentralized Bitcoin access (TSS), and waives all gas fees. Simply log in with your Bitcoin wallet, deposit BTC, and after one confirmation, you can start trading Bitcoin tokens.
What is referral earning?
Referral earning is our plan to grow the Odin community, everyone should experience the pure fun of trading memecoins on Bitcoin at lightning speed. We hope you share this with the world. If you refer friends (by clicking the share button anywhere on Odin), and your friends register and trade, you will earn 25% of the fees (BTC) from that user's transactions on the Joint Curve and AMM on the Odin platform.
Exclusive invitation link (those who enter through this invitation link will have unexpected gains in the future):
https://odin.fun?r=cxzki5h8cq
What does Ascend mean?
Ascend refers to token bonding. Tokens created on Odin are initially traded along the Joint Curve. Along the Joint Curve, 80% of the token supply is sold at 0.211 BTC. Once the tokens bond (also known as appreciation), the remaining 20% of the token supply and 0.2 BTC will be deposited into the AMM pool to enable additional trading. At that point, the tokens will be traded along the AMM curve (k = X * Y) rather than the Joint Curve (y = e^x).
What is sat?
1 sat is the smallest unit of Bitcoin, 1 sat = 0.00000001 BTC. We use sat as the token price in Odin because they look very nice. Tokens start from 0.11 sat/token (market cap of $3,000), appreciate to 4.76 sat/token (market cap of $100,000), and reach $1 million market cap at 47.6 sat/token.
What is a quick buy?
Quick buy is the fastest way to purchase tokens, with no waiting, no confirmation screens; it's just a very, very fast way to buy tokens. It's best to set it to a small value (e.g., 0.00001 BTC) because you can click it multiple times as needed to trigger near-instant purchases.
What is a quick sell?
Quick sell is the fastest way to sell tokens. We built the quick sell feature for those who want to sell tokens as fast as possible. You will see it on your profile page next to each token you own. With quick sell, you can set the percentage of owned tokens you want to sell with each click.
Is it safe to deposit Bitcoin into Odin.Fun?
Yes! When you deposit Bitcoin into Odin.Fun, you will use our Bifrost bridge, *hint flame rainbow*, the tokens deposited into Odin.Fun are protected by a special multi-party computation (MPC) called threshold signature (TSS). This means there is a set of decentralized entities, each with a unique share of the private key, that can collectively receive and send assets at any time. Threshold signature is a fairly popular mechanism used for tBTC, Arch Network, Near, ICP, etc.
Is Odin.Fun decentralized?
Yes, smart contract upgrades are managed by the Odin Contract DAO, which is a 4/7 multi-signature. The Odin team is represented by only 2 signers. Revenue is collected by the protocol and managed by the Odin Finance DAO, which is a 3/5 multi-signature, where the Odin team is not represented by any signers.
What is AMM?
AMM stands for Automated Market Maker, which means you can swap asset A for any amount of asset B at any time. Odin.Fun has a bonding curve feature to guide new tokens, and when the tokens bond (appreciate), liquidity is deposited into Odin AMM for instant trading along the AMM curve. Odin AMM allows users to add or remove liquidity and swap tokens instantly.
What are the fees for Odin?
Odin platform fees are 1% for all trades along the Joint Curve (just like pump fun) and 0.5% for all AMM swaps (liquidity providers earn 0.3%, platform fee is 0.2%). Through the referral earning program, 25% of the platform fee (0.25% along the Joint Curve and 0.05% for AMM Swap) belongs to the referring user.
Is there any delay or limit when withdrawing?
Delay: Due to the protocol batching withdrawal requests, it may take up to 10 minutes to withdraw BTC, but you can withdraw your Bitcoin and Runes at any time, and due to the threshold signature setup (see 'Is it safe to deposit Bitcoin into Odin.Fun?'), even if several nodes in TSS do not respond, the nodes can still generate signatures to withdraw your assets, and the TSS setup can replace unresponsive nodes as needed.
Limitations: The only withdrawal limit is currently a minimum of 0.0005 BTC (to prevent spam and aggressive UTXO consolidation).
Why does Odin.Fun charge for token creation?
We want to allow everyone to issue and trade Bitcoin tokens at lightning speed, charging a small fee (3,333 sats) to create tokens can help prevent token spam and provide a more user-friendly trading environment for everyone.
What does 'powered by BLIFE' mean?
BLIFE is a Bitcoin community ecosystem designed to connect builders, users, and Bitcoin users from around the world. We have integrated BLIFE ID into Odin.Fun as an identity platform (you can connect BLIFE from your profile page). You can complete Odin tasks on the BLIFE task platform, and we will continue to add more BLIFE integrations.
For more information about Odin.Fun, please read:
Does Bitcoin get a Meme Coin launchpad similar to Pump.fun - can it boost Runes?
IC content you care about
Technical progress | Project information | Global events
Collect and follow the IC Binance channel
Stay updated
