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Moonshot launches new mechanism for issuing Meme tokens, distributing profits to creators and major holders

Moonshot launches new mechanism for issuing Meme tokens, distributing profits to creators and major holders

Bitget2024/08/14 17:13

Moonshot launches new mechanism for issuing Meme tokens. Creators and majority holders will receive locked lifetime liquidity fees through Moonshot's launch of Meme tokens on Meteora. Moonshot hopes to turn creators and early supporters into shareholders to reduce repeated pump and dump behavior. The initial liquidity is permanently locked, and income income is distributed to liquidity providers. The dynamic fee protocol ranges from 0.15-15%. 80% of the funds collected through dynamic fees will be distributed:
-20% is distributed to token creators;
-70% is distributed to the initial top 50 token holders;
-10% is distributed to DexScreener;
-20% dynamic fees are passed on to integrators and trading robots who refer traders to the fund pool.

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