GraFun, a new platform for issuing and trading memecoins on BNB Chain, has announced its launch! 🚀 Using a pegging curve mechanism, GraFun will allow anyone to issue memecoins with minimal costs. If the demand is enough to reach a certain market cap, the memecoin is automatically listed on the decentralized exchange (DEX).

The project is supported by Floki and other major industry players such as BNB Chain, DeXe Protocol, and HOT Protocol. Floki, the leading memecoin on BNB Chain, will receive a 40% stake in GraFun and 40% of the revenue from the platform, which will benefit Floki and its associated project TokenFi. 🌐