1. What is OneSwap Pump?
Leveraging CoinEx Smart Chain (CSC), OneSwap Pump is a one-stop platform for creating and trading Memecoins. It simplifies token creation, lowering technical barriers to allow users to create a token for just 1 CET. It is simple, fast, and cost-effective, making it easier for everyone to join the Memecoin fiesta.
Pump manages token supply and pricing with a Bonding Curve automatically. When tokens are issued, they are then traded along a preset bonding curve - prices rise as purchase volume increases and fall as sales volume increases. This doesn't require traditional liquidity support as trades are executed directly on the curve.
Once a token reaches a market cap of 100,000 CET on OneSwap Pump, its cumulative liquidity from the bonding curve will be automatically deposited into OneSwap DEX and burned.
Read about "Introduction to OneSwap Pump" for details >>
2. How to create a new Memecoin on Pump?
Visit the OneSwap Pump page, click [Create] to go to the [Factory] page, fill in the basic token information, click [Create Token], pay 1 CET and your new Memecoin will be created.
Read about "Pump Operation Guide" for details >>
3. How are Memecoins distributed on Pump?
All new tokens created on OneSwap Pump have a fixed total supply of 1 billion tokens, 800 million of which are injected into the bonding curve, and 200 million tokens are reserved for injection into the OneSwap liquidity pool upon graduation (when the total market cap reaches 100,000 CET). All LP Tokens will be sent to a null address at that time for burning.
4. What are the requirements for homepage display and graduation?
- The Memecoin will be featured on the homepage when its market cap reaches 50,000 CET.
- The Memecoin will graduate when its market cap reaches 100,000 CET, followed by the listing on OneSwap DEX automatically.
5. How to trade Memecoins on Pump?
- Pre-graduation Memecoins: Visit the OneSwap Pump page, find your desired token, and click to view token details. Connect your wallet to buy/sell.
- Graduated Memecoins: Find the graduated token on the OneSwap Pump page, and click [Trade]. You will be redirected to the Oneswap Trade page for trading on DEX.
6. What is the fee structure for Pump?
- Creation fee: 1 CET, charged once at creation, used for the repurchasing and burning of ONES tokens.
- Trading fee: 1% taker fee charged in CET, used for the repurchasing and burning of ONES tokens.
- Creator incentives: Upon graduation (when all tokens on the bonding curve are sold), the curve should contain 20,000 CET, of which 1,000 CET (5% of the total on the bonding curve) will be rewarded to the token creator, and the remaining 19,000 CET plus the reserved 200 million tokens will be added to the OneSwap liquidity pool, with all LP Tokens sent to a null address for burning.
7. What is a Bonding Curve?
A bonding curve is a mathematical model widely used in crypto-economics, particularly in token economics and automated market making. The model uses algorithms to determine the relationship between the price and supply of a token . Usually, the price increases along with token supply, aiming to incentivize early investors to buy tokens when supply is high (and the price is low) for potential gains as the market expands.
OneSwap Pump creates a virtual liquidity pool using a preset bonding curve, with an initial input of 800 million tokens. Each token initially sells at 0.00000625 CET in the virtual pool, totalling the initial market cap of 6,250 CET. Users trade on this preset curve, with smart contracts automatically adjusting prices based on the trading volume - prices rise with higher purchases and fall with higher sales.
All trades are executed through the virtual pool, where users pay CET to buy tokens and receive CET when selling tokens. This mechanism enables automated market making and ensures the initial liquidity of a project.
8. How does token creation on Pump differ from direct token issuance on CSC?
- Permission: Pump retains the rights to creation, while CSC gives creators full control where users can relinquish or exercise their rights.
- Supply: Pump fixes supply at 1 billion, while CSC allows customized supply.
- Liquidity: Pump combines a bonding curve with virtual liquidity pool for instant trading, while CSC requires manual liquidity provision.
- Holdings: For Pump projects, all created tokens will be reserved in the bonding curve on Pump, and creators must buy the tokens to hold. However, for CSC projects, all issued tokens will deposited to the creator’s account at 0 cost.