Really do wish these pump.fun style sites were some good version of fair launch
…more BOME-launch style.
Right now, these launch a coin as soon as their funding hits $69K, which often happens instantly when e.g. celebrities post a pump.fun link, or happen before they even post the link.
Better would be a 24-hour-minumimum-no-matter what rule, to keep it open at least 24 hours no matter how much money gets raised.
Likewise, pump.fun instantly puts all liquidity that it will ever put into the pool right at the first moment — incentivizing instant dumping right after launch.
Instead, if like BOME, these sites spread the adding of the initial LP over time, that instant-dumping incentive would evaporate.
i.e.
(1) keep the initial raise open for 24 hours minimum, preferably for 24 hours after it reaches the launch threshold to prevent gaming
(2) release initial raise reserves over time instead of instantly on launch
Boom, wide range of pump.fun bad incentives and potential scam vectors gone.
…more BOME-launch style.
Right now, these launch a coin as soon as their funding hits $69K, which often happens instantly when e.g. celebrities post a pump.fun link, or happen before they even post the link.
Better would be a 24-hour-minumimum-no-matter what rule, to keep it open at least 24 hours no matter how much money gets raised.
Likewise, pump.fun instantly puts all liquidity that it will ever put into the pool right at the first moment — incentivizing instant dumping right after launch.
Instead, if like BOME, these sites spread the adding of the initial LP over time, that instant-dumping incentive would evaporate.
i.e.
(1) keep the initial raise open for 24 hours minimum, preferably for 24 hours after it reaches the launch threshold to prevent gaming
(2) release initial raise reserves over time instead of instantly on launch
Boom, wide range of pump.fun bad incentives and potential scam vectors gone.