DegenX FAQ
Q: What is DegenX? A: DegenX allows you to create your own memecoins for just a few dollars. Have fun launching memes and participating in the community!
Q: How does it work? A: When you create a meme on DegenX, it can be bought and sold on the platform until its Degen Bar is full. Once the Degen Bar is full, a FusionX pool (for Mantle) is launched using the MNT collected, and the liquidity pool (LP) is permanently locked. This means no one can withdraw the liquidity or prevent trading of the tokens created on DegenX.
Q: What is the official website? A: The official link is https://degenx.fusionx.finance/.
Q: What happens to the token when it’s fully aped? A: Once a token is fully aped, DegenX pairs the MNT from bonding curve buyers with a portion of the token, creates an LP position on FusionX, and locks the LP. You can then trade the token freely on FusionX.
Q: When does a token launch on FusionX? A: The launch timing varies based on the current MNT price but typically occurs around a $75,000 market cap.
Q: If XYZ tool indicates the LP is not locked, is it a rug pull? A: We utilize an LP locking contract that some tools may not accurately detect. Rest assured, the LP is permanently locked within this contract and cannot be withdrawn by anyone. You can find our locker contracts for each supported chain in our address book.
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