How it works
UNIPUMP eliminates the need for users to pay gas fees during the initial token launch phase. All transactions, including token transfers and trades, occur on a centralized layer before the token is migrated to the Ethereum mainnet. This means users do not pay gas fees, but instead, a variable transaction fee is applied to every transaction. This fee is used to accumulate funds that will cover the gas costs for deploying the token onto the mainnet later.
How It Works
Token Creation on UNIPUMP: A new token is created on the UNIPUMP platform. This is done in a centralized environment without the need for gas payments.
Transactions Without Gas Fees: Users can buy, sell, and transfer tokens without having to pay Ethereum gas fees. Instead, a small transaction fee is charged on every transaction.
Variable Transaction Fee: A transaction fee is applied to every token transaction pre-migration. This fee starts at 1% but can fluctuate based on network conditions and gas prices. The platform adjusts the fee to ensure that enough is accumulated to cover the gas for deployment to the Ethereum mainnet.
Fee Accumulation: A portion (70-90%) of the total fees collected is allocated to cover the gas costs for deploying the token smart contract on the Ethereum mainnet. The remaining (10%-30%) goes to team.
Mainnet Deployment: Once a token reaches 4 ETH in liquidity and a 70k market cap, it is eligible for migration to the Ethereum mainnet. The accumulated fee is used to cover gas costs.
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