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Bankr Developer: Pools.fun to Launch Official Protocol Token, Allocating 30% of Fees for Buyback and Burn

1 hours ago

Bankr developer @deployer tweeted that Sushi’s token launch platform Pools.fun will release its official protocol token. Thirty percent of all protocol fees will be allocated to buybacks and token burns; the platform also plans to conduct airdrops and launch a points system, with user trading volume and volume generated from token deployments on the platform serving as key evaluation metrics. Fees have already started accumulating, and will be used for buybacks once the token goes live. Per earlier reports, Pools.fun is a joint launch by Bankr and Sushi, designed to compete against Uniswap’s pools.trade—a Robinhood-style token launch platform.

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