Pump AI aims to be Major force for Adopting Meteora via its Advanced AI-powered Token Generation Ecosystem
Following the fast evolution of Artificial Intelligence (AI), Pump AI has emerged as a revolutionary force that seeks to simplify how people create, manage, and issue tokens.
The project is a leading Bonding Curve (set marketcap) Launchpad on the Meteora ecosystem. While it allows token creation with just a few AI prompts, Pump AI eliminates technical roadblocks like coding and blockchain adoption.
While it focuses on Solana AI agents, Pump AI serves as a liquidity layer for Solana, helping the network expand its performance and developer community. The protocol is the first and only AI-powered launchpad in the Meteora ecosystem.
Pump AI Builds on the Meteora Ecosystem
Pump AI is building a strong foothold in the industry as it boasts support from key players, including Meteora, Ape Terminal, M3M3, and Cherry. The protocol works directly with multiple bots, including Photon, Maestro, and Banana Gun to boost efficiency and ensure new user flow.
The projects integration with Meteora will see hundreds of thousands of Meteoras daily users channeled to Pump AI. This user flow will operate similarly to how PumpFun drew users from Raydium. Moreover, the support from Meteora will drastically lower the average per-user acquisition cost for Pump AI and provide Pump AI with a major user catalyst and on-ramp.
In addition to this, Pump AI leverages Meteoras unique DLMM system for potential liquidity. The system pays out rewards generated from slippage and spreads derived from token liquidity.
Additionally, the M3M3 stake-to-earn protocol rewards namecoin stakers for their potential liquidity and encourages long-term staking.
While it tackles complexities concerned with creating and managing new tokens, Pump AI provides variable bonding curves, or set marketcaps needed to open on Meteora, specifically for new projects seeking to enter the market.
With this structure, Pump AI helps token issuers to determine a preset value for their pool to hit before going live on the Meteora exchange. Impressively, the protocol can handle thousands of token launches, potentially equaling hundreds of millions in fees generated daily.
Pump AI unveils Native Token, $PUMPAI
As the project anticipates its Token Generation Event, it has designed its native token $PUMPAI with multiple value streams.
Following its design, $PUMPAI features a versatile digital asset that operates as the main utility and rewards token for the ecosystem. Notably, trading fees from Pump AI go towards buybacks that get added to treasure troves. This strategy allows stakers to secure Pump Points, granting access to treasure troves containing $PUMAI tokens.
Additionally, Pump AI will use a portion of all fees collected on the platform to buy back and burn $PUMPAI tokens.
Text source: ZyCrypto
