Cronje Proposes New Meme Coin Plan to Promote Fairness on Fantom

Andre Cronje proposed a plan to issue meme coins on the Fantom network to address risks like team members dumping tokens and removing liquidity.

The plan includes allocating tokens for team expenses, marketing, and liquidity pool support to focus on fair distribution and investor safety.

Tokens would be issued with the Fantom Foundation as a signer controlling liquidity pools.

Up to 5% of tokens would support meme team expenses, 85% would be put in a Fantom/token liquidity pool with 100,000 FTM provided.

Should the FTM in the liquidity pool reach 2 million, the original 100,000 FTM would be removed to cover costs and the rest burned.