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@loopll

GTE (Global Trading Exchange), built on MegaETH and backed by investors like Jump Trading affiliates, features "Takeoff"—a permissionless token launcher. Users can create tokens via bonding curves: typically 80% of supply for curve sales to bootstrap liquidity, 20% reserved for post-"graduation" AMM pools. No official GTE tokenomics or confirmed airdrop/TGE details exist as of December 2025; rewards remain speculative, based on testnet activities (swaps, liquidity provision, token launches). Permissionless tools risks: Easy memecoin creation enables rug pulls, scams, pump-and-dumps, and fraudulent projects flooding the market, leading to user losses and ecosystem trust erosion. High volatility and lack of vetting amplify financial risks.
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