Honeypot Finance is preparing a campaign for mainnet, welcoming participation from KOLs, Degens, and OG Beras.

Introduction to pot2pump and Standard Incentives

This incentive plan focuses on promoting the new MEME LaunchPad model we proposed - Pot2Pump. We've proposed a MEME launch model different from the Bonding Curve: it doesn't have a two-stage PVP, but instead adopts a safer approach of fundraising to establish the LP. Since the LP token has more utility under Berachain's PoL, it fits more with the Berachain market than the traditional bonding curve.

Simply put, Pot2Pump is divided into two stages:

1. POT stage: Users raise funds worth approximately 20k USD to launch the MEME. The funds can be in $BERA, $HONEY, or even $HENLO of THJ.
2. PUMP stage: Once 20k USD in funds is raised, these funds will be combined with MEME tokens to create a DEX pool. LP tokens equivalent to the raised funds will be returned to the participants, which is 50% of the LP. Then, the MEME token will immediately open for trading.

Standard Incentives and Liquidity Burning:

1. The 50% of LP tokens back to participants are worth 1:1 value with the assets provided, so there is no book loss when poting a token.
2. The other 50% of LP is for burning and incentives. In the initial setup, we propose:
   • 40% of the LP will be permanently locked in InterPoL of THJ (equivalent to being burned)
   • 4% LP incentives allocated to the token deployer
   • 1% of active participants
   • 5% protocol revenue

In simple terms, if you deploy a MEME token and call on your community to participate, once 20k USD is raised to form the liquidity pool, you will receive incentives worth approximately 2k USD to support you in further expanding your community influence.

If you want to learn more about the Pot2Pump mechanism, please refer to the documentation or contact Taki to join our KOL Collab Group, we are happy to answer your questions.

Pot2Pump - Honeypot Finance’s FTO Meme Evolution

Double Incentives for Collaborated KOLs, Degens, and OG Beras

<aside> 💡

Note: The Pot2Pump model will not only be adopted by Honeypot's MEME LaunchPad, but also by other protocols on Berachain, such as BeraScout. Honeypot is the first to set an incentive program, and it's possible that other platforms will also introduce more incentive programs.

</aside>

For collaborated KOLs, Degens, and OG Beras, we will double the standard incentives. If the wallet address you register deploys a MEME token and successfully enters the DEX (this only requires 20k USD in funds), we double the incentives of your registered wallet address to support you in continuing to develop your community.

In simple terms, if you deploy a MEME token and call on your community to participate, once 20k USD in funds is raised to form the liquidity pool, you will receive incentives worth approximately 4k (2k LP immediately going to token deployer+ 2k from us as extra incentivization) USD.

Our double incentive plan is valid for the first 1,000 successful MEME Launch events, resulting in a total of about 3 million in incentives. We will review this plan in the future and may add more rewards.