This innovative tool, powered by Solend and Jupiter Exchange, allows users to bet against tokens predicted to lose value.
The BETA launch of this platform is an exciting development in the crypto space. Initially, users can short just one memecoin. But, the platform will expand rapidly, with new tokens being listed every day. The selection of tokens for listing is determined by their popularity and liquidity. This will ensure that users have access to the most relevant and impactful assets in the market.
One of the standout features of Dump Fun is its community-driven approach to token listings. Users have the power to influence which tokens are added to the platform through a voting system. To suggest new tokens, users can visit this voting page and cast their votes.
Source: X
Looking ahead, Dump Fun plans to introduce permissionless listings. This will allow all tokens to be listed on the platform. This future upgrade promises to further democratize access and broaden the scope of available tokens. This will make it an even more versatile tool for traders and investors.
As an added incentive, early users of Dump Fun will be eligible for a special surprise—an airdrop. This reward is designed to thank early adopters for their support and engagement during the BETA phase.
More About Dump Fun’s Whitepaper
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