FairPump Mechanism
No Reserved Tokens
The FairPump mechanism at bid.fun is designed to ensure that project creators and developers cannot reserve tokens or manipulate the distribution process. While tokens can be launched through various methods—including traditional auctions, community-driven pumps, or a combination of both—there is no allocation reserved for insiders. This approach eliminates any bias and potential for manipulation, creating a transparent environment where the community has equal access to participate in the token sale.
Automated Contract Deployment
bid.fun enhances transparency by automating the token deployment process. Our platform utilizes smart contracts to manage the deployment of tokens without any centralized intervention. Once the auction concludes, these smart contracts automatically lock both the auctioned tokens and the collected funds directly into Uniswap’s liquidity pool. This lock is permanent, ensuring that neither the bid.fun team nor the project creators can access or manipulate the assets afterward. This automated and decentralized mechanism not only bolsters security but also reinforces bid.fun’s commitment to fair, community-centered token distribution. The combination of automated deployment and liquidity locking offers users a reliable, trustless system for token allocation and management.
Last updated