The Good Tech Companies - Honeypot Finance Set To Power Memecoin Season On Berachain With $4M In Incentives

Episode Date: November 13, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/honeypot-finance-set-to-power-memecoin-season-on-berachain-with-$4m-in-incentives. Here's why Berachain is shaping up as the next hotspot for on-chain maxis diving into trending memecoins. Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #honeypot-finance, #honeypot, #memecoins, #berachain, #pot2pump, #bonding-curve, #good-company, #popular-memecoins, and more. This story was written by: @zexprwire. Learn more about this writer by checking @zexprwire's about page, and for more stories, please visit hackernoon.com. Powered by Friend.tech, Bonding Curve emerged as a powerful launch mechanism for memecoins. It introduced the concept of splitting based on KOLs. Despite being innovative, it suffered from scalability challenges due to key distribution limitations.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Honeypot Finance said to power Meancoin season on Barachain with $4 million in incentives, by ZEX Media. Meancoins are no longer mere gambles. They've made a serious case against $BTC, with their volatility, participation, and culture setting. The latest hits from the Solana ecosystem show where memecoins are headed and how they're quietly pulling massive participation into Web3. However, unlike the previous bull market, this bull market has seen money moving from one chain to another faster than ever. It started with Solana and passed on to Tron. Barachain is shaping up as the next

hotspot for on-chain maxis diving into trending meme coins. But is cross-chain asset movement the real driver behind the buzz for a meme season on Barachain? Doesn't appear like that. Bonding curve nearing its end. Powered by friend, tech, bonding curve emerged as a powerful launch mechanism for meme coins. It introduced the concept of splitting based on KOLs. Despite being innovative, it suffered from scalability challenges due to key distribution limitations. This drives users to sell off en masse once the population cap is hit, causing the model to lose momentum. With models like Pump, Fun emerging, the end of the bonding curve seems near. And what's changing this?

Honeypot Finance's FTO, with its anti-rug pull mechanism, is the final nail in the coffin. Challenges with pump, fun, pump, fun memecoins suffer from bot-driven fund losses, with only 1% reaching DEXs. The lack of incentives for liquidity providers and high sell pressure lead to quick losses for late investors. In contrast, Pot2 Pump by Honeypot Finance offers a safer, more rewarding alternative. What is Pot2 Pump? Honeypot Finance's FTO has proven to boost Barachain's pull by tackling liquidity fragmentation and rewarding liquidity contributors, turning locked liquidity into active supply. However,

traditional FTO wasn't ideal for meancoins, which often lack utility and carry higher risk. Enter Pot2Pump, a refined version of FTO designed specifically for launching memecoins on Barachain. Pot2Pump brings all the benefits of the FTO model with tweaks to create the perfect launchpad for memecoins. Curious about how it works? Read on, how does pot2 pump work? 40% LP token burn for scarcity and value boost before pot2 pump goes live on a DEX, it strategically burns 40% of its LP tokens. This move reduces available liquidity, creating token scarcity that can drive uprices post-launch, offering early participants a better return on their investment. Guaranteed refunds for failed launches with Pot2 Pump, users get a safety net.

If a project doesn't hit its fundraising goal within 24 hours, users can claim a full refund by covering a small gas fee. Unlike Pump, Fun, which lacks this protection, Pot2 Pump prioritizes user security, ensuring no deposits are lost on unsuccessful launches. Lower barriers to entry with dynamic liquidity When a project reaches a $20,000 market cap, liquidity is added to the DEX, supporting single-sided liquidity to strengthen token value through the XY equals K model. This setup allows easier entry for newcomers while bolstering price stability. Anti-Bot protections for fairer trading Pot2 Pump eliminates bot advantages in early trading,

creating a level playing field for all participants and boosting accessibility for regular users. Enhanced incentives for token deployers Pot2 Pump offers token deployers a flexible 5% LP incentive, creating a more attractive, rewarding environment. Unlike Pump, Fun, which imposes fees, Pot2Pump's adjustable reward system maximizes value and promotes lasting engagement. Deep dive into Pot2Pump's operations. Pot stage. Initial fundraising participants contribute approximately $20,000 in assets to kickstart the Memitoken's journey. Accepted assets. Contributions can be made using $BARA, $HONEY, or other supported tokens. Goal. Reach the $20,000 target to advance to the next stage.

Refund assurance. If the target isn't met within 24 hours, participants can reclaim their funds, minimizing any potential risk. Pump stage. Launch and liquidity once the $20,000 goal is achieved. DEX liquidity pool creation. Raised funds are paired with meme tokens to form a robust liquidity pool. LP token allocation. Participants receive 50% of the pool's LP tokens, ensuring an equivalent dollar value to their initial contributions. Open market trading. The meme token is now live and available for immediate trading. A $4 million incentive plant to make Pot2Pump even more lucrative for participants, Honeypot Finance has introduced a $4 million incentive program for the launchpad.

Participants deploying meme tokens and successfully raising $20,000 will receive incentives worth nearly $4,000. This includes $2,000 in LP tokens and $2,000 USD from Honeypot. The total incentive package is $4,000,000, valid for the first 1,000 meme launches. POT2 PUMP vs PUMP Funpot2 PUMP stands out with low-risk participation, real liquidity, and a solid refund mechanism. Unlike other platforms where late investors face a 27% loss from post-launch fees, POT2PUMP minimizes the impact on late buyers by allocating 50% of LP tokens directly to participants. Conclusion

POT2PUMP drives high participation from day one with a robust incentive scheme, offering double rewards for KOLs, DGINs, AugBaras, HoneyGenesis holders, and HoneyPot private testnet participants. With low-risk participation and a refund mechanism, Pot2 Pump provides a promising launchpad for new memecoins. Plus, meme token deployers who raise $20,000 can unlock incentives worth $4,000, available to the first 1,000 launches. The ease of deploying tokens and sourcing liquidity with Pot 2 Pump, compared to Pump. Fun in its forks, makes a strong case for a meme season on Barachain.

Honeypot Finance community members and degens can easily apply to participate in a meme token launch and unlock incentives. Thank you for listening to this Hackernoon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.