Your token, one curve, and endless memes
Ever wanted to create your own token but thought it was too complicated? WAX.Fun is here to change that. This fair-launch platform lets you design and launch tokens and memecoins with no presale, no team allocations, and no hidden tricks. All tokens follow the same rules—what sets yours apart is your creativity. Name it, describe it, choose a ticker, add an image, and hit the launch button.
Without a doubt, memecoins have been dominating the Web3 space as of late. What started with DOGE many years ago, later welcomed other memecoins like Shiba Inu, Pepe and Bonk. However, the launch of Pump.fun created a tidal wave of memecoins and token launchpads. WAX.Fun is now the first fair launch platform on WAX, paving the way for many more memecoins to hit the WAX ecosystem.
How It Works: Bonding Curve, Liquidity, and More
Every token launched on WAX.Fun operates under a bonding curve, meaning its price is tied to circulating supply. There’s no need to create a liquidity pool—prices are calculated through the bonding curve, making transactions smoother and more efficient.
As the token gains traction and liquidity grows, it’s automatically moved to Alcor Exchange when the market cap reaches $50,000 (calculated in WAXP at the creation time). At this stage, liquidity is locked, and LP tokens are burned.
In layman’s terms, enough people need to buy a token in order for the memecoin to reach a market capitalization of at least $50,000. After that, the liquidity is locked and LP tokens are burned. This means that the memecoin is now getting ready to move to the big leagues.
From King to Alcor: The Road to Glory
When your memecoin achieves a $25,000 market cap, then the token enters “King of WAX” mode. This means that the token gets prime visibility on the WAX.Fun homepage. However, other tokens can claim your throne when they surpass $25,000 market capitalization as well.
The next step would be for your token to hit a $50,000 market cap, after which it seamlessly transitions to Alcor. A liquidity pool is created with a 0.3% fee, and all fees are burned, shrinking the supply of both WAXP and the token.
WAX.Fun token standards and costs
Users who want to launch a memecoin through WAX.Fun need to keep an eye on some of the costs involved. For example, you will need to pay to activate the smart contracts and of course generate revenue for WAX.Fun. Token creation costs less than $5.
Every new coin has a maximum supply of 1 billion tokens. Every time you buy or sell tokens, WAX.Fun charges a 1% fee. These fees support platform operations and liquidity, and that’s really how WAX.Fun generates revenue. Once 80% of a token’s supply is purchased, trading begins. The remaining 20% goes into liquidity on Alcor Exchange.
When a memecoin gets listed on Alcor Exchange, there will be 0.3% trading fees. All collected fees are burning, which reduces the supply of the token and the supply of WAXP.
How to launch a token on WAX.Fun
Step 1 | Prep Your Wallet: Have at least $5 in WAXP and enough blockchain resources (RAM, CPU, NET). Don’t have enough? Don’t worry—WAX.Fun will suggest what you need and guide you through purchasing.
Step 2 | Connect Your Wallet: Link your Cloud Wallet, Wombat, or Anchor wallet on WAX.Fun.
Step 3 | Customize Your Token: Fill in the required fields like name, ticker, and image. You can also add optional details like a website and social media links.
Step 4 | Launch It: Confirm your token creation, and you’ll be redirected to the homepage, where your token will appear live and ready for action.
Before you press that final confirmation, make sure to enter all the details correctly. There’s a reason for that, because this information gets stored into the metadata of the token metadata, and therefore it cannot be changed later.
Trading memecoins on WAX.Fun
WAX.Fun offers a simple and user-friendly interface to trade, buy and sell tokens. There’s a page where you can browse all existing tokens. Then it’s even easier to purchase one of these. All you need is at least 0.01 WAXP. Selling is even easier, as you simply go to the token’s page, enter the sell amount and confirm.
When you’re trading memecoins, which is obviously not without financial risk, you may lose track of your purchases. Therefore WAX.Fun offers user profiles, where you can see which tokens you own. Users can even drop comments on each other’s profiles, adding a nice social layer to the fun of trading memes.
Ready to Create Your Token?
WAX.Fun is more than just a platform—it’s an ecosystem where creativity meets opportunity. Whether you’re crafting the next memecoin or experimenting with something groundbreaking, wax.fun makes it easy.
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Disclaimer — This is a sponsored article. DappRadar aims to provide accurate information, but readers should always do their own research before taking action. Articles by DappRadar can not be considered as investment advice.
