Title: Default Listing for $HMAN
Author(s): Representatives of the Hashmen - Telegram: Contact @HashManPortal
SaucerSwap Voting Interface: N/a
Related Discussions: N/a
Submission Date: 30/12/24
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Summary:
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The Hashmen propose to the council to vote on the default listing of the $HMAN token. One of the first meme coins from memejob.fun to capture the hearts of the Hedera community reaching a ATH market cap of 650k on Christmas day. The token is fully community driven and has built one of the most active X accounts and populated Telegram groups of all new HTS meme coins in the space. A default listing would emphasize SaucerSwaps commitment to the growth of the ecosystem and its community driven tokens. Higher together. We are all Hashmen.
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Abstract: $HMAN has quickly become the most notable community memecoin on Hedera with over 850 X followers, nearly 300 Telegram members and nearly 1000 Holders. Reaching an ATH market cap of $650k on Christmas day with over 3% of supply added to LP on SaucerSwap from several community memeber’s wallets.
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Memecoins have consistently driven retail adoption and trading activity across crypto networks. The way this has been most successful on ecosystems such as Solana for example has been to build thriving communities of likeminded individuals who interact with the token for many reasons, but ultimately the community driven aspect is what makes people stay. I have seen first hand how memecoin communities can lift up others, champion progress and provide holders with community members to engage with in their daily lives. The communities can help change lives for the good, and not just in a financial sense.
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A Default Listing on SaucerSwap will enhance trading accessibility, encourage further liquidity growth, and help position Hedera as an attractive option for retail traders exploring new ecosystems.
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Motivation:
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The memecoin community is relatively small when compared to Solana at this point in time. The Hashman project has made one of it’s goals to engage the existing Hedera community and bring more people into the community growing the ecosystem as a whole. The Hashman community has already converted many SOL memecoin traders into the space and plans or more targetted growth.
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A default listing would put the $HMAN community at the forefront of championing existing community members and bringing in new ones.
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Specification & Rationale:
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Technical:
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- Token ID: 0.0.7947081
- Launchpad: MemeJob.fun
Social:
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- Retail Access: A Default Listing positions $HMAN as an accessible option for retail traders exploring Hedera.
- Community Momentum: $HMAN’s community has shown strong engagement, which can be further supported through improved accessibility. 850 X followers and 300 strong Telegram group. Telegram: Contact @HashManPortal
Financial:
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- Liquidity Growth: A Default Listing will deepen liquidity pools, improving trading conditions for all participants. - The Hashman community would like to further use these pools to bolster rewards to give back to the community through airdrops and buyback and burns.
- Revenue Growth: Higher trading volumes will drive platform fees and benefit liquidity providers.
Governance:
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- Ecosystem Support: Supporting $HMAN aligns with SaucerSwap’s mission to strengthen the Hedera ecosystem and encourage broader adoption.
- Benefits (Pros): Proven community growth and interaction, enhanced liquidity, boosted retail attraction and cross chain pollination of other meme communities. Enhances Saucer Swaps position as the leading Dex for community driven coins and drives retail adoption on the Hashgraph.
- Downside (Cons): Low liquidity in memecoins at this moment in time, the Hashmen are looking to address this, with the growth of the community as a whole, a rising tide raises all ships. Default listing will require Saucerswap to set up some additional contracts for liquidity provision.
- Voting:
If this RFC progresses to the Proposal phase, the voting options will be as follows:
- Yes - Approve default listing of $HMAN
- No - Reject default listing og $HMAN