❓FAQs

1. What is Memewhales?

Memewhales is an innovative platform that provides secure liquidity solutions for projects within the Solana ecosystem. Our platform ensures a safe, non-ruggable experience for both creators and traders, featuring a unique bonding curve pricing mechanism and fair launch practices. 🚀

2. How does the bonding curve work?

The bonding curve is a pricing mechanism that adjusts the price of a token based on the demand. As more people buy a token, the price increases along the curve, and conversely, selling lowers the price. This ensures fair and transparent token distribution. 📈

3. What makes Memewhales different from other platforms?

Memewhales stands out by offering fair launches with no presales or team allocations, meaning everyone has an equal opportunity to participate. We also automatically migrate liquidity to Raydium and burn it once a token reaches a market cap of $69k, ensuring long-term stability and security. 🔒

4. How do I create my own coin on Memewhales?

Creating a coin is simple! Just head to the "Create Coin" section on our platform, fill in the required details (logo, coin name, ticker, Twitter, Telegram, description), and follow the prompts. Once completed, your coin will be live, and you can start promoting it. 🪙

5. What fees are associated with Memewhales?

• Launching Fee: 0.2 SOL for creating a coin, covering the Solana transaction fee.

• Trading Fee: 1% on all buys and sells on the platform.

• Liquidity Fee: 1.5 SOL is deducted from the liquidity pool when migrating to Raydium.

• Message Fee: Approximately 0.01 SOL when posting messages on your profile. 💸

6. How does the referral program work?

Memewhales offers a rewarding referral program where you can earn commissions for bringing new users to the platform. By generating a unique referral code, you can invite others, and when they connect their wallet and start trading, you’ll earn 30% of the platform's 1% trading fee from their transactions. The payments are made on a weekly cycle. 📧

7. What happens during the migration to Raydium?

Once a coin’s market cap reaches $69k, we automatically handle the migration by depositing $12k of liquidity into Raydium and burning it. This transition moves the token from the bonding curve to being publicly traded on decentralized exchanges (DEX). 🔥

8. Can anyone launch on Memewhales?

Yes! Anyone can create a coin on Memewhales. We provide tools and profiles for devs to showcase their projects and interact with the community. Just remember, your actions and messages are recorded on the blockchain, ensuring transparency and accountability. 💻

9. How are messages stored on Memewhales?

Messages posted on Memewhales profiles are recorded on the Solana blockchain, making them immutable and impossible to delete. This adds an extra layer of trust and transparency for developers and users alike. 📜

10. How do I edit my profile?

You can edit your profile by clicking on "Edit Profile" on your own profile page. You can upload an image, set a username, add an optional email, write a bio, and choose a theme color for your chat badge. All fields are optional and can be updated anytime. 🎨

11. How do I track my referral earnings?

Your affiliate dashboard shows detailed information about your referrals, including wallets that joined via your code, registration dates, weekly payouts, and overall performance. Payments are processed weekly, and you can track the status of your earnings directly from the dashboard. 📊

12. What should I do if I encounter an issue or need help?

If you have any issues or need assistance, please join our Telegram group or reach out through our Twitter account. Our community and support team are always ready to help you out! 💬