Velocore’s Router Contract Update Ushers in the Meme Token Era: Introducing $WAIFU

The recent meme token phenomenon, ignited by $PEPE and $REKT, has caused Ethereum gas prices to skyrocket. This demonstrates the strong desire among investors for high-risk, high-return opportunities. While every investment carries risks, and we remain value-neutral in our evaluation of specific projects, we believe that as an exchange we have a responsibility to provide decentralized support for all of these types of transactions.

In our quest to accommodate the growing meme token market, we’ve made significant updates to our platform. We initially forked Velodrome and realized that our Router lacked support for transfer fees. This led our early partners, KeyOfLife and Thoreum, to disable taxes to ensure smooth liquidity provision and trading. However, as most meme tokens use transfer taxes to implement burning mechanisms, we’ve decided to add this support in order to provide a seamless trading experience for all types of token pairs and to increase volume and liquidity.

With a simple function upgrade, we are now launching Router V2 that enables transfer tax for the token projects!

To celebrate this update and raise awareness, we are launching the $WAIFU meme token. $WAIFU is a commemorative token with no roadmap or future value. It can be minted in very small amounts using VC, and veNFT holders can purchase slightly more based on their voting power.

$WAIFU has no additional allocations for inflation, team, ecosystem, or marketing. The supply will only decrease through a 10% transfer tax.

The $WAIFU token sale details are as follows:

• Total initial supply(=MAX supply): 3,000,000,000 $WAIFU
• FCFS(First Come First Serve): 2,000,000,000 $WAIFU for 2,000,000 $VC
• Date : Apr. 27th, 12PM UTC — Apr.28th, 12PM UTC
• Individual cap: 20,000 $VC
• Individual cap for veNFT holders with voting power over 2,500 $VC: 40,000 $VC
• Sale duration: 24 hours (leftover $WAIFU will be burned)
• Transfer Tax: 10% (5% Burnt, 5% Allocated for Burning $VC)
• If any tokens are left unsold, they’ll be burned along with a matching amount for initial LP.
• 50% of the raised $VC will be burned, while the reset will be used to create a WAIFU-VC LP.
• No Team/Ecosystem/Marketing/Roadmap token allocation and No inflation. It’s a pure commemorate tokens.
• Additionally, $WAIFU will have an initial emission on Velocore for the first epoch after the sale to start the flywheel!
• WAIFU tokens can be claimed immediately after the sale period, and WAIFU-VC LP will also be provided together.
• Trading of the WAIFU-VC pair on Velocore will be available at the end of the sales period.

Don’t miss out on this exciting milestone in Velocore’s growth, and join us in celebrating the Router V2 update and the launch of $WAIFU meme token.

Celebrate the meme token era with Velocore and join the decentralized revolution!

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