metadata: {"type": "project", "title": "FrameLaunch", "logoImg": "bafkreiar5kcfs5wvx6a6qgfrtzyde3gvlq2xysfjotdlkbh4wmxeoe6jrm", "website": "https://framelaunch.xyz", "bannerImg": "bafkreihfzfpy6oydwmv7bg5mepqljhay5cv52mbbryrzwuatwryvc6hul4", "createdAt": 1727199941272, "userGithub": "markeljan", "credentials": {}, "description": "FrameLaunch Overview\nInteractive Token Launches via Farcaster Frames\n\nFrame-Based Token Launch: Transform Farcaster Frames into a launchpad for new tokens. When a creator launches a frame, a single, unified contract manages the entire token lifecycle.\n\nSingleton Contract Functionality: This central contract handles all aspects:\n\nBonding Curve Management: Determines token pricing based on supply and demand.\nRewards Vault and Distribution: Accumulates fees and distributes rewards to eligible users.\nLiquidity Provision: Automatically moves liquidity to Quickswap upon reaching specific thresholds.\nUser Engagement Tracking via Farcaster: Users eligible for rewards are tracked through their interactions on Farcaster. Actions like liking, commenting, or sharing are recorded on-chain by the singleton contract.\n\nMechanics and User Flow\n1. Frame Creator's Actions\nMinting the Frame: The creator crafts a post and mints it as a Farcaster Frame, initiating a new token launch.\n\nUtilizing the Singleton Contract: Instead of deploying individual contracts, the creator leverages the existing singleton contract, which manages all token-related functions.\n\nSetting Parameters: The creator customizes parameters within predefined limits:\n\nInitial Token Supply\nTransaction Fee Percentage\nLiquidity Thresholds\n2. Singleton Contract Functions\nBonding Curve Management:\n\nDynamic Pricing: Adjusts token prices based on the bonding curve model (e.g., linear, exponential).\nSupply Control: Manages token minting and burning to maintain economic balance.\nRewards Vault Management:\n\nFee Accumulation: Collects a percentage of each buy/sell transaction into a rewards vault.\nOn-Chain Tracking: Records user engagements on Farcaster to determine reward eligibility.\nLiquidity Provision:\n\nThreshold Monitoring: Tracks when certain conditions are met (e.g., total tokens sold).\nAutomated Liquidity Addition: Moves a portion of liquidity to Quickswap, enhancing market accessibility.\n3. User Interaction\nPurchasing Tokens:\n\nDirect Buying: Users can buy tokens directly from the frame interface.\nBonding Curve Pricing: Purchases are executed at prices determined by the singleton contract's bonding curve.\nSelling Tokens:\n\nContract Sell-Back: Users can sell tokens back to the singleton contract.\nQuickswap Trading: After liquidity provision, tokens can also be traded on Quickswap.\nSocial Engagement:\n\nOn-Chain Activity Recording: Likes, comments, and shares are tracked by the singleton contract.\nReward Eligibility: Engaged users become eligible to claim rewards from the frame's vault.\n4. Rewards Distribution\nEligibility Criteria:\n\nEngagement-Based: Only users who interact with the frame on Farcaster are eligible.\nTransparent Tracking: The singleton contract maintains an immutable record of eligible users.\nClaiming Rewards:\n\nDistribution Schedule: Rewards are claimable at set intervals or upon specific events.\nFair Allocation: Rewards are proportionally distributed based on the level of engagement.\n5. Liquidity Transition to Quickswap\nAutomatic Liquidity Provision:\n\nTrigger Points: Predefined thresholds (e.g., total volume sold) activate liquidity moves.\nSmart Contract Execution: The singleton contract handles liquidity addition without manual intervention.\nEnhanced Market Dynamics:\n\nExternal Trading: Tokens become available on Quickswap, increasing exposure and trading opportunities.\nPrice Discovery: Open-market trading helps establish a fair market value for the token.\nTechnical Implementation\n1. Singleton Contract Design\nUnified Management:\n\nEfficiency: Reduces redundancy by eliminating the need for multiple contracts.\nConsistency: Ensures uniform rules and operations across all token launches.\nModular Architecture:\n\nUpgradeable Components: Allows for updates without disrupting the entire system.\nSecurity Focus: Simplifies auditing processes and reduces potential vulnerabilities.\n2. Farcaster Integration\nOn-Chain Engagement Tracking:\n\nSmart Contract Interface: Connects Farcaster's social actions with blockchain records.\nImmutable Records: Ensures engagement data is tamper-proof and transparent.\nUser Interface Enhancements:\n\nInteractive Frames: Users can trade tokens and engage socially within the same interface.\nReal-Time Updates: Displays live token prices, available rewards, and engagement metrics.\n3. Polygon Network Utilization\nScalability and Speed:\n\nHigh Throughput: Handles large volumes of transactions with low latency.\nCost Efficiency: Minimal gas fees encourage user participation.\nInteroperability:\n\nDeFi Integration: Seamless interaction with platforms like Quickswap for liquidity and trading.\nCross-Platform Compatibility: Supports potential expansion to other networks if needed.\nEconomic Model and Incentives\n1. For Frame Creators\nRevenue Generation:\n\nTransaction Fees: Earn a share of the fees collected from token trades.\nIncreased Influence: Successful frames boost the creator's reputation and following.\nContent Monetization:\n\nDirect Earnings: Monetize content creation through token launches.\nCommunity Building: Foster a dedicated audience invested in the creator's projects.\n2. For Users\nInvestment Opportunities:\n\nEarly Access: Participate in new token economies from inception.\nPotential Gains: Benefit from price appreciation driven by bonding curves and market demand.\nRewards for Engagement:\n\nMonetized Social Actions: Earn rewards simply by interacting with content.\nCommunity Participation: Influence token success through collective engagement.\n3. For the Ecosystem\nEnhanced Activity:\n\nUser Engagement: Drives platform usage and retention.\nEconomic Growth: Increases transaction volume and liquidity within the Polygon network.\nInnovation Promotion:\n\nNew Use Cases: Expands the possibilities of DeFi and social media integration.\nEcosystem Expansion: Attracts developers and users to Polygon and Farcaster.\nAligning with Grant Objectives\nConsumer Product Innovation:\n\nUser-Friendly DeFi: Simplifies complex financial interactions into accessible social actions.\nEngaging Experiences: Creates compelling content that encourages widespread adoption.\nSocial Commerce Advancement:\n\nIntegrated Trading: Merges commerce with social engagement seamlessly.\nCommunity-Driven Growth: Leverages social networks to amplify reach and impact.\nDriving Polygon and Farcaster Adoption:\n\nShowcase Capabilities: Demonstrates the potential of both platforms in real-world applications.\nAttracting New Users: Low barriers to entry encourage participation from non-crypto natives.", "logoImgData": {}, "bannerImgData": {}}
name: FrameLaunch