The memecoin launchpad on BNB Chain, GraFun, has announced a first week that broke all previous records. More than 850,000 unique users submitted 130M requests to GraFun on the first day of its debut. The platform has enabled the launch of thousands of tokens and kept running efficiently in spite of the strong demand.
With a secure platform for token creators and traders, GraFun aims to facilitate fair memecoin launches on the BNB Chain. GraFun has facilitated over 12,000 tokens since coming live, generating 428 BNB (about $250K) in protocol fees over this period.
When a token’s market capitalization on GraFun reaches 31 BNB, it immediately advances to PancakeSwap v3, where a liquidity pool is established to facilitate the token’s further stages of development. In just the first day, GraFun projects that advanced to PancakeSwap generated almost $250M in revenue.
PancakeSwap has seen the creation of over 40 GraFun projects, several of which have reached market capitalization of millions of dollars. The most successful of them has reached $120 million in funding and secured a listing on CEXs. BNB Chain initiatives may use GraFun’s launchpad to increase participation, with the possibility of further assistance available for the most successful launches.
GraFun is raising the standard for BNB Chain projects by democratizing access to new token launches and rewarding ethical behavior from emerging projects. In the process, it’s giving creators a platform that relieves them of the technical burden of launching tokens, allowing them to concentrate on developing their primary skills and communities.
By rewarding users for net positive behaviors like starting a token sale or hitting volume goals, GraFun encourages ethical conduct. Task completion earns GRA rewards, which may then be swapped for special rewards. After exceeding all predictions in its first week of operation, GraFun is now poised to transform BNB Chain’s trading lanscape and become the network’s leading memecoin launchpad.
The memecoin incubator GraFan Labs, which facilitates memecoin launches on BNB Chain, has recently been established. GraFan Labs offers a great deal of assistance with listings, marketing, liquidity, and other areas. Get updates from them at https://x.com/grafunlabs.
Source: https://thenewscrypto.com/bnb-chain-launchpad-grafun-shatters-records-with-first-week-250m-in-volume/