Ah, dear reader, gather ’round as we unveil the latest spectacle from the whimsical world of Pump.fun, the memecoin launchpad that has taken the Solana realm by storm! 🎉 On the fateful day of March 20, 2025, the illustrious PumpSwap was born—a native decentralized exchange that promises to whisk you away on a journey of instant token migration, zero fees, and liquidity so enhanced it could make a fish blush!
In a grand proclamation on the mystical platform known as X, the Pump.fun team declared that PumpSwap would now embrace all launchpad coins that have “completed their bonding curve.” What a delightful twist of fate! 🌀
Built upon the sturdy shoulders of Solana (SOL), PumpSwap operates with the grace of a ballet dancer, mimicking the elegant moves of Raydium v4 and Uniswap v2 through its constant product automated market maker model. Users, rejoice! You can now create liquidity pools, add to existing ones, and trade all the PumpSwap tokens your heart desires. 💃
“Why did we build this?” they pondered, scratching their heads in mock confusion. “From day 1, our goal was to create the most frictionless environment for trading coins. Migrations were a major point of friction – they slow a coin’s momentum and introduce needless complexity for new users.” Oh, the irony! 🤔
With the launch of PumpSwap, instant migrations are now a reality, and the previous fee of six SOL has been banished to the underworld! Seamless functionality is the name of the game, making it easier for new users to dive into the crypto pool without a life jacket. 🏊♂️
Initially, PumpSwap will impose a modest fee of 0.25% per trade, with a generous 0.20% going to liquidity providers—because who doesn’t love a little extra coin in their pocket? The remaining 0.05% will be graciously donated to the protocol. But hold your horses! Fee distribution will change once creator revenue sharing takes the stage. 🎭
In addition to the delightful memecoins, PumpSwap will also offer access to a cornucopia of partner platform tokens, including the ever-adorable Pudgy Penguins, the enigmatic Aptos, and the illustrious Tron, along with Jupiter, Sei, and LayerZero. And let’s not forget Coinbase’s wrapped token cbBTC, Ethena Labs’s stablecoin USDe, and the ever-so-fancy Frax Finance’s frxUSD and FXS. What a buffet! 🍽️
In a moment of camaraderie, Tron DAO took to X to declare:
“TRON’s involvement in this initiative further strengthens its commitment to cross-chain innovation and the expansion of decentralized finance access. As PumpSwap grows, it aims to become a key liquidity hub, supporting on and off-ramps across multiple blockchains and driving broader adoption of Web3 technologies.” A noble quest indeed! 🏰
And lo! The rollout of PumpSwap comes just a day after Raydium (RAY) unveiled its own proprietary memecoin factory, LaunchLab. The Pump.fun clone will offer the same token creation and launch features, because why not? After all, imitation is the sincerest form of flattery! 😏
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2025-03-20 21:32