In the second half of the meme track, in addition to pvp on Sol, stuffing on Base Virtual, meme gameplay has also been updated, and there are more and more tricks. Repump begins to recycle “garbage” memecoin, and Farmer meme attracts users to build pools through high APR. The funds of the meme track gradually overflow into the services and narratives surrounding the main line of the meme.

Farmer meme: 50x MemeFi in 3 days

X blogger LSP earned 50 times the return in 3 days through the KACY/SOL pool on November 30th. He earned fees from the KACY and SOL pool and reinvested the earned transaction fees (30SOL and KACY equivalent to 50SOL) into a rollover after 12 hours. Despite the final FDV of KAYC dropping to 20M, it still achieved higher returns than simply holding the coins.

Although some memecoins are very easy to drop to zero, as long as the volume is large enough, LPs can still earn substantial profits through transaction fees. The better way for Farmer memers to get involved is still to join LPs with higher APR. Farmer memers use CLMM (Concentrated Liquidity Market Making) instead of AMM, where Liquidity Providers (LPs) specify the price range at which their liquidity can be used for trading, and users need to manually set the range. If the price range is not adjusted in a timely manner, it will result in significant impermanent loss.

However, it is worth noting that a portion of the rewards obtained will be distributed in the form of Token $BRRR. $BRRR is the governance token of MEME Farmer, which allows users to participate in decision-making and ecosystem activities. Tokens can be obtained through LP Farming, stake, and community contributions. In addition, a 10% fee will be charged on the harvested earnings (all tokens in the LP will be converted to SOL). 50% of the earnings will be used to buy back $BRRR and send it to the treasury Address.

In the early days, one of the main reasons for the high APR was that the increase in $BRRR was also calculated. This would result in certain selling pressure after ‘mining and withdrawing’. Although there is a buyback plan for $BRRR later on, unfortunately, $BRRR has already started to experience a ‘Christmas tree’ pattern.

It should also be noted that the project has not yet passed a contract audit and may have certain security risks.

Repump: On-chain ‘transformation’ starts

With the outbreak of on-chain issuance assets brought by Pump.fun, although memecoin has ushered in a significant bull market, the golden dog that can run out is still one in a thousand. Instead, after the feast, people realized that there was an excess of memecoin left in the market, and even the research-oriented P players would self-deprecatingly refer to themselves as “picking up garbage”.

The product design of Repump is very similar to “Zhuanzhuan”. Due to the excessive issuance of assets, there are too many stagnant Tokens that cannot be circulated and utilized. Repump can activate the Liquidity of shit memecoin. Users can send surplus memecoins to Repump’s contract for destruction. After destruction, users can earn corresponding destruction points in the closing event, which can be used to exchange for the new Token “Super Monster”.

It is worth noting that the points obtained from destruction are only related to the value of the destroyed Token, not the quantity. It is also related to the total value in the destruction pool. The final “Super Monster” received by the user will be calculated by dividing the value of the user’s personal destruction by the total value in the destruction pool.

According to Repump’s official Twitter, the second phase attracted over 700 players who burned more than 3,000 memecoins in just 3 hours, with a total value exceeding 122 million US dollars.

Currently, the top 10 Tokens being burned on Repump are: $PNUT (33.31%), (11.67%), $RIF (9.68%), $SCIHUB (2.11%), $WIF (1.77%), $ACT (1.51%), $SSS (1.31%), $NuCouché (1.3%), and $Riemann (1.28%), while other Tokens account for 33.45% of the total burn. It is worth noting that points rewards can only be claimed after the Burn has ended.

The platform Token Goose of Repump has also started the main uptrend, steadily rising since its launch, following the path of ‘higher high, lower low’. Currently, the Market Cap is stable at around 10 million US dollars, with the volume fluctuating around 800,000. The platform Token Goose will also be empowered in the future.

The market has voted with its feet for the mainstream narrative of this ‘meme super cycle’. Although there are still many voices expressing fear, uncertainty, and doubt about these projects, these new gameplay methods in the memecoin space can be considered a new dawn amidst the cooling of the meme race.

*This article does not involve any investment advice. The above projects are still in the early stage, so readers should pay attention to the safety risks of investment.