Precoin pfp

Precoin

@precoin

2 Following
233 Followers


jason (w/acc) pfp
jason (w/acc)
@jasonkim.eth
how does precoin work? 1. precoins are permissionless memecoin pools of people on Farcaster and X (soon) and any wallet (soon) 2. That person launches a memecoin using a launcher (e.g. on @clanker) 3. PrecoinAI moves the ETH in precoin liquidity pool to auto buy their memecoin, the precoin in the pool gets burned 4. Precoins held by users can be burned + swapped for the new coin 5. You're early
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8 reactions

jason (w/acc) pfp
jason (w/acc)
@jasonkim.eth
Integrated native swaps for precoin.fun @precoin Now it opens Warplet swap instead of uniswap Give it a try Also more precoins launching soon™
3 replies
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14 reactions

Precoin pfp
Precoin
@precoin
precoining looks good here
5 replies
0 recast
21 reactions

jason (w/acc) pfp
jason (w/acc)
@jasonkim.eth
Introducing precoin.fun — a premarket for creator memecoins. 
Excited to launch our latest Farcaster mini app on Base! @precoin lets anyone mint a "precoin" — a tradable ERC-20 memecoin representing early belief in a creator's potential to launch a real coin. A permissionless speculation market on social clout. Each precoin has its own liquidity pool and trades freely. 
If the creator later launches (e.g. on clanker), the ETH from the precoin pool buys the official coin onchain — and users can burn their precoin to claim the real coin. Anyone can scout and launch a precoin for any caster. Scouting = being the first $1000+ ETH into the LP.
Scouts earn 10% of all trading fees on that precoin which can be burned to claim real coin if creator launches one. We’re testing 5 casters today:
@ace
@horsefacts.eth,
@proxystudio.eth
@igoryuzo.eth
and will be expanding to every Farcaster user soon.
34 replies
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187 reactions