Transparency comes first in investing — RootData's Exchange Rankings officially released [View Details]
API Download the RootData App

SushiSwap launches linear vesting Memecoin launch platform

Nov 07, 2024 01:23:09

Share to

ChainCatcher news, SushiSwap announced the launch of the Memecoin launch platform Vesting Launch, which features a linear vesting function. Tokens will be gradually released to buyers who purchase within 24 hours after the token creation. This ensures that buyers have the exact same experience as early purchasers, preventing snipers and pump-and-dumpers from ruining promising tokens in the initial hours after creation. After 24 hours of the token going live, trading will be completely normal with no restrictions. When purchasing tokens, the tokens bought by users will be released linearly within the first 24 hours after the launch. If a user buys 100 tokens 12 hours after the launch, the balance will show 50 tokens, and the dashboard will display the full balance after vesting.

SushiSwap stated: "The introduction of linear vesting is just the beginning of our goal to make memecoin trading more fun and sustainable. Countless promising tokens are sniped and dumped within minutes of their release, ruining their chances of gaining an audience. We are addressing this issue."

Additionally, SushiSwap released a disclaimer: Trading on the launchpad carries certain risks, including the possibility of losing funds. Always conduct your own research and understand the market before trading. Sushi does not provide any financial or legal advice and does not endorse any specific tokens, so please trade cautiously.

Related Projects

Latest News

Data: BTC breaks through 89,000 USD

ChainCatcher

Dec 15, 2025 02:16:40

Data: SOL breaks through 130 USD

ChainCatcher

Dec 15, 2025 02:13:59

Data: ETH falls below 3100 USD

ChainCatcher

Dec 15, 2025 01:22:03

Data: XRP falls below 2 dollars

ChainCatcher

Dec 15, 2025 01:20:23

Data: SOL breaks below 130 USD

ChainCatcher

Dec 15, 2025 01:13:56

Recent Fundraising

More
$10M Dec 14
-- Dec 12
$6M Dec 11

New Tokens

More
Dec 11
Almanak ALMANAK
Dec 11
Dec 11

Latest Updates on 𝕏

More