According to BlockBeats, on August 15, Meteora announced the launch of a Meme token through Moonshot. The initiative aims to provide creators and early holders with locked lifetime liquidity fees. Moonshot's goal is to transform creators and early supporters into shareholders, allowing them to benefit from the token's long-term growth while reducing pump-and-dump activities.
The initial liquidity will be permanently locked, and revenue will be distributed to liquidity providers. The dynamic fee protocol ranges from 0.15% to 15%, with 80% of the funds collected through dynamic fees being allocated as follows: 20% to token creators, 70% to the first 50 token holders, and 10% to DexScreener. Additionally, 20% of the dynamic fees will be transferred to integrators and trading bots that refer traders to the liquidity pool.
Previously, on June 25, BlockBeats reported that DEX Screener launched the token issuance platform Moonshot. Tokens issued on this platform have no presale, no insiders, and a fixed supply of 1 billion tokens. Once the market cap reaches 500 SOL, all remaining tokens and liquidity will be migrated to Raydium, and liquidity will be locked by burning LP tokens.
