Honeypot Finance Set To Power Memecoin Season On Berachain With $4M In Incentives

Memecoins are no longer mere gambles. They’ve made a serious case against $BTC, with their volatility, participation, and culture setting.

\ The latest hits from the Solana ecosystem show where memecoins are headed and how they’re quietly pulling massive participation into Web3.

\ However, unlike the previous bull market, this bull market has seen money moving from one chain to another faster than ever. It started with Solana and passed on to Tron.

\ Berachain is shaping up as the next hotspot for on-chain maxis diving into trending memecoins. But is cross-chain asset movement the real driver behind the buzz for a meme season on Berachain?

\ Doesn’t appear like that.

Powered by Friend.tech, Bonding Curve emerged as a powerful launch mechanism for memecoins. It introduced the concept of splitting based on KOLs. Despite being innovative, it suffered from scalability challenges due to key distribution limitations.

\ This drives users to sell off en masse once the population cap is hit, causing the model to lose momentum. With models like Pump.fun emerging, the end of the Bonding Curve seems near.

\n What’s changing this? Honeypot Finance’s FTO—with its anti-rug pull mechanism—is the final nail in the coffin.

Pump.fun memecoins suffer from bot-driven fund losses, with only 1% reaching DEXs. The lack of incentives for liquidity providers and high sell pressure lead to quick losses for late investors. In contrast, Pot2Pump by Honeypot Finance offers a safer, more rewarding alternative.

Honeypot Finance’s FTO has proven to boost Berachain’s PoL by tackling liquidity fragmentation and rewarding liquidity contributors, turning locked liquidity into active supply.

\ However, traditional FTO wasn’t ideal for memecoins, which often lack utility and carry higher risk. Enter Pot2Pump: a refined version of FTO designed specifically for launching memecoins on Berachain. Pot2Pump brings all the benefits of the FTO model with tweaks to create the perfect launchpad for memecoins. Curious about how it works? Read on!

Before Pot2Pump goes live on a DEX, it strategically burns 40% of its LP tokens. This move reduces available liquidity, creating token scarcity that can drive up prices post-launch, offering early participants a better return on their investment.

With Pot2Pump, users get a safety net. If a project doesn’t hit its fundraising goal within 24 hours, users can claim a full refund by covering a small gas fee. Unlike Pump.Fun, which lacks this protection, Pot2Pump prioritizes user security, ensuring no deposits are lost on unsuccessful launches.

When a project reaches a $20K market cap, liquidity is added to the DEX, supporting single-sided liquidity to strengthen token value through the x*y=k model. This setup allows easier entry for newcomers while bolstering price stability.

Pot2Pump eliminates bot advantages in early trading, creating a level playing field for all participants and boosting accessibility for regular users.

Pot2Pump offers token deployers a flexible 5% LP incentive, creating a more attractive, rewarding environment. Unlike Pump.Fun, which imposes fees, Pot2Pump’s adjustable reward system maximizes value and promotes lasting engagement.

Participants contribute approximately $20,000 in assets to kickstart the meme token’s journey.

\ Accepted Assets: Contributions can be made using $BERA, $HONEY, or other supported tokens.

\ Goal: Reach the $20,000 target to advance to the next stage.

\ Refund Assurance: If the target isn’t met within 24 hours, participants can reclaim their funds, minimizing any potential risk.

Once the $20,000 goal is achieved:

\ DEX Liquidity Pool Creation: Raised funds are paired with meme tokens to form a robust liquidity pool.

\ LP Token Allocation: Participants receive 50% of the pool’s LP tokens, ensuring an equivalent dollar value to their initial contributions.

\ Open Market Trading: The meme token is now live and available for immediate trading.

To make Pot2Pump even more lucrative for participants, Honeypot Finance has introduced a $4 million incentive program for the launchpad. Participants deploying meme tokens and successfully raising $20,000 will receive incentives worth nearly $4,000. This includes $2000 in LP tokens and $2000 USD from Honeypot. The total incentive package is $4 million, valid for the first 1000 meme launches.

Pot2Pump stands out with low-risk participation, real liquidity, and a solid refund mechanism. Unlike other platforms where late investors face a 27% loss from post-launch fees, Pot2Pump minimizes the impact on late buyers by allocating 50% of LP tokens directly to participants.

Pot2Pump drives high participation from day one with a robust incentive scheme, offering double rewards for KOLs, degens, OG beras, HoneyGenesis Holders, and Honeypot Private Testnet Participants. With low-risk participation and a refund mechanism, Pot2Pump provides a promising launchpad for new memecoins.

\ Plus, meme token deployers who raise $20,000 can unlock incentives worth $4,000, available to the first 1,000 launches. The ease of deploying tokens and sourcing liquidity with Pot2Pump—compared to Pump.fun and its forks—makes a strong case for a meme season on Berachain.

\ Honeypot Finance community members and degens can easily apply to participate in a meme token launch and unlock incentives.

This article is published under HackerNoon’s Business Blogging program. Do your own research before making any financial decisions.