If you're keeping tabs on the memecoin scene on Base, you've probably noticed some buzz around collaborative projects that flip the script on the usual cutthroat competition. A recent tweet from @1CrypticPoet shines a light on Public Cabal, a group on Flaunch that's turning heads with its high-yield staking model. Let's break it down and see why this could be a game-changer for holders of $CrypticPoet and similar tokens.
What is Flaunch?
Flaunch is a user-friendly platform built on the Base blockchain, designed specifically for memecoins. Think of it as a launchpad similar to Pump.fun, but with some smart twists. It lets anyone buy, sell, or launch coins easily, and the big draw is that creators keep 100% of the trading fees in ETH—no cuts for the platform. These fees can be funneled back to token holders or used for buybacks, creating a more sustainable ecosystem.
Powered by Uniswap V4 hooks, Flaunch also rehypothecates ETH liquidity for low-risk yields, which helps boost overall returns without added hassle. If you're new to this, rehypothecation basically means reusing assets to generate extra income, like lending out liquidity to earn interest. You can check out more on their site at flaunch.gg.
The Rise of Groups on Flaunch
One standout feature on Flaunch is "Groups," which allow creators to build onchain communities around their coins. These aren't just chat rooms—they're economic hubs where you can plug in subcoins, aggregate trading volume, and share rewards. It's all about turning your memecoin into a mini-economy, complete with staking opportunities that reward participants with yields from accumulated fees.
This collaborative vibe is a breath of fresh air in a space often dominated by pump-and-dump schemes. By pooling resources, groups like Public Cabal aim to create lasting value rather than quick flips.
Public Cabal: Collaboration Over Competition
Public Cabal embodies this group concept perfectly. As highlighted in the tweet, it's a hub for Base projects and content creators to come together and amplify their volume. The idea? Ditch the player-versus-player (PvP) grind and focus on collective wins. More trading activity means higher fees, which directly translate to better returns for everyone involved.
Right now, Public Cabal boasts a TVL (total value locked) of $21K and an eye-popping 68.07% APR for stakers. APR, or annual percentage rate, is essentially the yearly return you can expect on your staked assets, based on current fees and activity. It's calculated from the trading fees generated within the group, making it a dynamic metric that rewards high engagement.
The tweet quotes Flaunch's own post about being a token hub for earning and sharing rewards, and @1CrypticPoet ties it back to Public Cabal's thesis: "We win more when we win together." It's a simple but powerful shift toward community-driven growth in the memecoin world.
How to Stake $CrypticPoet and Capture the Yield
If you're holding $CrypticPoet, this is your cue to put it to work. The token's contract address (CA) is 0x787b7b7117848c1f9fc79a8fa543202c231c1edb, and you can stake it directly in Public Cabal on Flaunch to start earning that juicy APR. No more letting your assets sit idle—park them here and let the group's volume do the heavy lifting.
For more details on the token, you can explore it on BaseScan or trading tools like GMGN.AI. The creator also has a presence on Zora, which might tie into NFT elements or additional onchain activities.
Why This Matters for Memecoin Traders and Builders
In a market flooded with solo launches, Public Cabal shows how collaboration can lead to stronger, more resilient projects. High APRs like this attract liquidity, which in turn boosts volume and fees—it's a positive feedback loop. For blockchain practitioners dipping into memecoins, this model offers a way to enhance yields while building community ties.
Of course, as with any crypto venture, do your own research. Yields can fluctuate based on market activity, and memecoins carry inherent risks. But if you're optimistic about Base's growth, keeping an eye on Flaunch groups could uncover some hidden gems.
What do you think—ready to join the cabal? Head over to Flaunch and see for yourself. Stay tuned to Meme Insider for more updates on emerging trends in the memecoin space.