Hyper Fairlaunch System
Introduction to HyperLaunch Fairlaunch System
HyperLaunch’s Fairlaunch System offers a transparent, community-driven platform for launching the next wave of meme coins (IFO) and benefits projects launching fundraising tokens (IDO).
HyperLaunch simplifies decentralized fundraising, giving creators and communities a fair shot at riding the meme boom. Whether it’s a viral dog, a quirky cat, or the next internet sensation, HyperLaunch removes barriers, making meme coin launches more accessible than ever.
Core Features
Transparent Token Auctions
Equitable Distribution: Tokens are distributed through open and fair auctions, ensuring that no single party can dominate allocations.
Dynamic Pricing: Utilizes a bonding curve mechanism to adjust token prices based on supply and demand, ensuring fair pricing for all participants.
Community-Led Governance
Project Approvals: The community has a say in which projects are approved for fundraising, ensuring that only credible and high-potential projects are launched.
Airdrop Incentives: Participants are rewarded with airdrops based on their engagement and contributions, fostering a more active and loyal community.
Token Creation Process
func CreateFun
CreateFun
Allows users to create new tokens by specifying parameters such as token name, symbol, total supply, and liquidity settings.
Parameters:
_name: Token name (e.g., "HyperCoin").
_symbol: Token ticker symbol (e.g., "HYPER").
_data: IPFS hash linking to token metadata (e.g., description, logo).
_totalSupply: Fixed at 100,000,000,000 tokens.
_liquidityETHAmount: Initial liquidity in ETH (curr. not used).
_baseToken: Address of the base token (e.g., $HYPER)
_router: Address of the DEX router (e.g., $UNISWAP); a router is a tool to help swaps by finding the best routes/strategies for executing them.
_antiSnipe: Boolean flag to enable/disable anti-snipe feature that automatically extends time if anybody places a high price bid last minute.
_amountAntiSnipe: Amount of native tokens the creator can buy during creation.
Commission Fee
To be announced.
Buying Tokens
func BuyTokens
BuyTokens
Allows users to purchase tokens from the pool using the AMM model.
Parameters:
funToken: Address of the token to purchase.
minTokens: Minimum number of tokens expected from the transaction.
_affiliate: Optional affiliate address (curr. not used).
AMM Pricing Mechanism:
Token price increases as more tokens are purchased.
Reserves of the native currency and tokens are updated dynamically.
Selling Tokens
func SellTokens
SellTokens
Allows users to sell tokens back to the pool, receiving native currency in return.
Parameters:
funToken: Address of the token to sell.
tokenAmount: Amount of tokens to sell.
minEth: Minimum amount of native currency expected from the transaction.
_affiliate: Optional affiliate address (currently not used).
AMM Pricing Mechanism:
Token price decreases as more tokens are sold.
Reserves of the native currency and tokens are updated dynamically.
Commission
To be announced.
Virtual Liquidity and Market Capitalization
Virtual Liquidity
Introduces an initial reserve of native currency to set a starting price and market capitalization for the token.
Initial Reserve: To be announced.
Adjustment: The virtual reserve value can be updated using the updateInitResEthVal
function.
Market Capitalization Threshold
Threshold: Tokens are listed on DEXs once the market cap reaches a predefined threshold (e.g., $30,000 on the Lumia Blockchain).
Calculation: Market cap is calculated based on the native currency reserve converted to USDT using DEX liquidity.
DEX Listing Process
Triggering DEX Listing
Condition: Market capitalization must meet or exceed the predefined threshold.
Process:
Trading is paused.
Virtual liquidity is deducted from the pool’s native currency reserves.
Liquidity is added to the DEX using the
addLiquidityETH
function.LP tokens are transferred to a dead address.
Trading resumes on the DEX.
Atomicity: The entire DEX migration process occurs within the same transaction, ensuring consistency and reliability.
Use Cases
Meme Coin Launches
Enables the creation and fair distribution of meme coins with transparent pricing and liquidity.
Community-Driven Projects
Supports decentralized fundraising and community engagement through token launches.
DEX Listings
Automates the process of listing tokens on decentralized exchanges, ensuring seamless trading.
Typical Values
Market Capitalization Threshold: To be announced.
Token Creator Purchase Limit: No strict limit, but creators typically avoid buying out the entire pool to build community trust.
Initial Market Capitalization: Around To be announced.
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