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Memecoin cooker

Tired of getting scammed while trading memecoins ? Introducing Memecoin cooker, a framework to build safe memecoins, trust our platform to keep your memes spicy and your investments secure. Ready to become the meme chef you were born to be?

Memecoin cooker

Created At

Scaling Ethereum 2024

Winner of

Arbitrum - Qualifying Arbitrum Submissions

Prize Pool

Project Description

MemecoinCooker facilitates the creation of memecoins through a two-step process.

Initially, it deploys the Memecoin contract via the Factory contract, specifying key details such as the memecoin's owner, name, symbol, and total supply. The memecoin adheres to the ERC20 standard without any additional features. Following deployment, the MemecoinCooker contract initially possesses 100% of the created coin's supply.

The second step allows the launch of the memecoin on the desired exchange, with Uniswap v2 being the current supported platform. During token launch, the memecoin's creator must provide its address along with an initial team distribution. This initial distribution is restricted to a maximum of 10% of the total supply. Additionally, the creator must supply an amount of ETH, which contributes to establishing an initial price for the memecoin. Upon launch, a liquidity pool is created, and the Liquidity token is locked for a duration of 30 days.

How it's Made

The contracts are implemented in solidity and use standard contracts such as the ERC 20 token by openzeppelin or uniswap interfaces, the project follows the foundry/forge framework for testing. The front-end demo is built using wagmi react and nextjs. The contracts are deployed on Ethereum sepolia testnet and Arbitrum testnet

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