ANOTHA COMPETITOR ENTERS THE SPACE
The Arena has dove HEAD FIRST into the Memecoin launchpad space.
Also from all things I can see, this seems to be the early mover on AVAX for memecoin launchpads.
It's a good thing to see other chains stepping into this sapce.
On top of this Arena has
- Live Streams
- SocialFi
- A full app store for Arena Apps
- Tipping Features
- a FULL dex on app
&& NOW a memecoin launchpad
Arena is quickly shaping up to be an all in one solution for the entire AVAX ecosystem.
1/ The beta versions of Arena Launch and Arena DEX are now live. The trenches are born on a social app!
Anyone can launch a token directly in or through
Arena Launch Contract: 0x8315f1eb449Dd4B779495C3A0b05e5d194446c6e
ArenaFactory deployed at: 0xF16784dcAf838a3e16bEF7711a62D12413c39BD1
ArenaRouter02 deployed at: 0xF56D524D651B90E4B84dc2FffD83079698b9066E
Trading can take place in the app through the Official Community pages for each token or by connecting a wallet and trading on the Arena DEX found on Soon we will have swaps available directly in your Arena wallet!
All tokens from Arena Launch and Arena DEX will also be tradable on @LFJ_gg thanks to our partners @odosprotocol (It usually takes up to an hour after graduating for tokens to be integrated with ODOS and LFJ).
You can also trade tokens through @VeloraDEX at (formerly known as Paraswap).
Arena Launch fees are broken down as follows:
- 1 % protocol fees during bonding curve stage
- 0.25% referrer fees during bonding curve stage (for anyone you refer who trades on the app)
Currently, no fees are given to LPs on Arena DEX (however, this may be adjusted in the future). With the protocol fees, The Arena plans to do the following:
1. Grant program for projects that deploy liquidity on Arena DEX or launch natively in the app
2. Potential fee distributions to the community
You can still provide liquidity using Arena DEX but we suggest using for the time being.
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