o1 Launchpad deploys new contract, cancels internal allocation, and optimizes liquidity symmetry.

iconKuCoinFlash
Share
AI summary iconSummary
On-chain news broke on August 30 (UTC+8) as o1.exchange founder Jerry Pan confirmed that the new o1 Launchpad contract is now live. The update eliminates internal allocations for vested and unvested tokens, enabling developers to mint and purchase tokens through a Pump.fun-like model. This change ensures liquidity symmetry, allowing buyers to sell at any time. The o1 Launchpad now leads the Base chain with an 80% market share. New token listings on the platform benefit from balanced liquidity and transparent rules.

According to ME News, on August 30 (UTC+8), Jerry Pan, founder of o1.exchange, announced that the new o1 Launchpad contract has been deployed to production. The contract eliminates both vested and unvested internal allocations, while enabling developers to mint and purchase tokens through a mechanism similar to Pump.fun, ensuring continuous liquidity balance and symmetry, with the ability to sell at any time after purchase. Jerry Pan stated that these updates address previously discussed community concerns and questions, and the o1 Launchpad contract documentation has been updated accordingly. He cited Dune data showing that o1 Launchpad currently holds an 80% market share among Launchpads on the Base chain. (Source: Foresight News)

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.