DeXe Partners with GraFun to Revolutionize Memecoin Launches on BNB Chain
United States, September 20, 2024 – In a significant development for the decentralized finance (DeFi) landscape, DeXe, a prominent decentralized autonomous organization (DAO) infrastructure provider on BNB Chain, has announced a strategic partnership with GraFun, the fastest-growing memecoin launchpad on the same blockchain. This collaboration aims to introduce GraFun’s innovative Fair Curve model, which is underpinned by DeXe’s advanced DAO technology. Together, they are set to ensure more transparent and equitable token launches that prioritize long-term community value.
The Rise of GraFun and the Need for Fair Token Distribution
GraFun has experienced meteoric growth, amassing over 2 million whitelist registrations and raising $2.7 million in BNB for GRA farming within just two weeks. This surge underscores a burgeoning demand for fairer token distribution models in the memecoin sector. By leveraging DeXe’s robust DAO governance systems, GraFun aims to create a secure and stable environment for emerging memecoin projects, addressing the prevalent issues of price manipulation and rug pulls that have plagued the industry.
How GraFun’s Fair Curve Works
At the heart of this partnership is GraFun’s Fair Curve, an innovative bonding curve model designed to tackle common challenges associated with memecoin launches. The Fair Curve model operates by directing a portion of tokens purchased during the launch to a DAO Treasury, which is governed by token holders. This mechanism effectively reduces the circulating supply and mitigates the risk of sudden price drops post-token sale.
In this model, early contributors benefit from acquiring tokens at a lower price while simultaneously contributing more to the DAO. As the token sale progresses, the price of tokens increases, while the share allocated to the DAO decreases. This structure discourages rapid sell-offs by large investors (whales) and automated trading bots, fostering a more stable launch environment and healthier market dynamics.
Once the token is listed on exchanges like PancakeSwap, over 40% of the total token supply remains within the DAO. This strategic allocation allows the community to control liquidity, incentives, and future development, ensuring long-term stability and growth. The tokens are utilized to benefit the ecosystem rather than being subjected to speculative sales, which can destabilize the market.
DeXe’s Role in GraFun’s Success
DeXe stands as one of the largest DAO platforms on BNB Chain, boasting over $450 million in Total Value Locked (TVL). This partnership provides the foundational infrastructure necessary for GraFun’s Fair Curve to thrive. By combining their strengths, DeXe and GraFun aim to eliminate market manipulation and establish a more equitable token distribution process. The collaboration between the development teams of both organizations brings a new level of fairness and transparency to the memecoin space.
GraFun’s position is further bolstered by key partnerships with influential entities such as Floki, DWF Labs, and Hot Protocol, positioning it as a leader in the rapidly evolving memecoin ecosystem.
Executive Perspectives
The partnership has garnered enthusiasm from both organizations. “We’re thrilled to work with GraFun to create a fairer, more transparent meme coin launch process,” remarked Serhii Kravchenko, a contributor at DeXe. “GraFun’s Fair Curve, powered by DeXe’s DAO infrastructure, ensures that token launches are community-driven and secure, offering lasting value to both investors and projects.”
BigGra from GraFun echoed this sentiment, stating, “DeXe’s DAO technology is a critical component in ensuring the success of our platform. Our partnership will help us establish new standards of fairness and transparency in the memecoin space, further strengthening our community and market position.”
About DeXe
DeXe is a leading provider of DAO infrastructure on BNB Chain, with over $450 million in Total Value Locked (TVL). The platform empowers decentralized governance and community-driven ecosystems, fostering fair and transparent operations. For more information, visit dexe.network.
About GraFun
GraFun is a next-gen memecoin launchpad on BNB Chain that introduces the Fair Curve model, designed to eliminate price manipulation and rug pulls, ensuring fair and sustainable token launches. To learn more, visit gra.fun.
Media Contact
Name: Roman Melnyk
Job Title: CMO
Telegram: https://t.me/thekrips
This partnership between DeXe and GraFun marks a pivotal moment in the memecoin landscape, promising a future where token launches are not only fairer but also more sustainable. As the DeFi space continues to evolve, such collaborations will be crucial in fostering trust and stability within the community.