Solana's PAIN Meme Coin: Founder Locks 50% for 20 Years

Generated by AI AgentCoin World
Wednesday, Feb 19, 2025 9:46 pm ET1min read

The Solana-based meme coin PAIN has made headlines with its unique economic model, the PAIN Economy Model. The project's founder, Harold, has decided to lock 50% of the token supply for 20 years, until 2045. This move is unprecedented in the world of cryptocurrencies and has sparked interest and debate among investors and enthusiasts.

The PAIN Economy Model allocates the total supply of 10 million tokens as follows: 50% to Harold himself, 20% for presale, 15% for liquidity, 10% to the community, and 5% to partners. This distribution is designed to ensure the stability and longevity of the project.

Harold's decision to lock his share of the token supply for two decades is a significant commitment to the project's long-term success. This move could help to prevent market manipulation and ensure that the token's value remains stable over time. Additionally, it signals Harold's confidence in the project and his dedication to its growth.

The PAIN Economy Model also includes a refund mechanism for investors. As promised earlier, 80% of the raised 185,976 SOL has been refunded, and all funds sent after block 318346069 (i.e., PAINSALE end) have also been returned. This refund process is a testament to the project's transparency and commitment to its investors.

The PAIN Economy Model is a unique and innovative approach to cryptocurrency economics. By locking a significant portion of the token supply for an extended period, Harold has created a model that prioritizes stability and longevity over short-term gains. This approach could set a new standard for cryptocurrency projects and inspire other founders to adopt similar strategies.

Comments



Add a public comment...
No comments

No comments yet