In the fast-paced world of blockchain and meme tokens, staying ahead means understanding the latest tools that blend community engagement with real financial mechanics. Recently, Nodar, the creator behind DeFi Zaps and co-founder of Zapper, dropped an exciting update on X about PoolWithFans – a platform that's evolving from a simple MVP to a full-fledged protocol. If you're into meme tokens or DeFi, this is worth paying attention to.
Last month, PoolWithFans launched its MVP, attracting around 2,000 fans who opened over 10,000 positions in trading competitions. Now, they're leveling up with a protocol built around "composable primitives" – think of these as modular building blocks that help coordinate attention (like social buzz) and liquidity (the funds available for trading) directly on the blockchain. At the heart of this is the $FANS token, which powers the whole system.
Most social growth strategies in crypto chase vanity metrics like likes and follows. PoolWithFans flips the script by rewarding actual performance. Participants compete based on return on investment (ROI), with onchain leaderboards tracking everything transparently and automatic payouts going straight to winners' wallets. It's like a game where the best performers win real prizes, disguised as a trading contest.
Right now, the focus is on ROI-based competitions, but the team hints at more merit-based challenges in the future. They're kicking things off with two main pool types:
Raise Engagement Pools (Already Live)
This is all about aligning rewards with real actions. Here's how it breaks down simply:
- Setup: You configure the pool with a duration, prize token, number of winners, and how the prizes are split (like percentages).
- Participation: Complete social tasks – things like following accounts, liking posts, recasting, or posting about something – to earn "keys." Each key lets you open a position on any token.
- Resolution: When the timer hits zero, smart contracts automatically figure out the winners based on performance and send out the payouts.
What makes this cool is the onchain guarantees. Everything from creating the pool to taking positions and resolving winners happens on the blockchain (specifically on Base). No admins fiddling with buttons or messy spreadsheets – it's all deterministic, meaning it runs exactly as coded, and anyone can audit it. For the tech-savvy, the Pool Factory contract is at 0x476C1f89fFD98A5F1cDF2086E33aE0b9EA9357d3, and the $FANS token is at 0x04cAfd53eCfa6f6a9168dE3d6D2B837D04A51B07.
Raise Liquidity Pools (aka Pre-Clank, Coming Soon)
Partnering with Clanker on Base, this pool type is a game-changer for token launches. Traditionally, you deploy a token and hope liquidity shows up. Pre-Clank turns that into a structured game that builds liquidity and distributes tokens fairly.
- Setup: The creator sets up the pool with a name, symbol, duration, and allocation details.
- Participation: Users contribute ETH to open positions.
- Outcome: At the end, the collected ETH seeds the initial liquidity pool on Clanker. Tokens are then airdropped to participants, with vesting (gradual unlocking) based on their ROI multiplied by their contribution.
This isn't just fun – it's a smarter way to launch tokens. It creates stronger initial liquidity from a group effort (not just one big whale), rewards based on performance to cut down on fake accounts (sybil attacks), builds community before launch, and uses vesting to prevent massive sell-offs on day one. Overall, it's a healthier pattern for meme token ecosystems.
Zooming out, $FANS is the fuel driving all this. Launched on Clanker with a 100 billion supply:
- 70% goes to the liquidity pool (using Uniswap v4 for efficient trading).
- 25% to a creator vault (locked for 30 days, then vesting over another 30).
- 5% for community airdrop (locked 1 day, vesting over 7).
- Zero percent for dev buys – keeping it fair.
The token isn't just for show; it has real utilities:
- Current: Hold at least 10 million $FANS to create pools.
- Upcoming: Staking for boosts like leverage or multipliers, weekly mining through experience points (XP) and participation, and governance to control parameters and programs.
In essence, $FANS lets communities kickstart competitions, fund liquidity, allocate supply, and govern the system. It's moving away from "deploy and pray" to merit-based, onchain incentives that handle everything from liquidity to community building.
If you're ready to dive in, check out the PoolWithFans website, join their Telegram, or explore on Farcaster and their Farcaster Miniapp.
This update from PoolWithFans highlights how meme tokens and DeFi are merging social dynamics with blockchain tech for more engaging, fair systems. Keep an eye on $FANS – it could be the next big thing in coordinating onchain attention.