SushiSwap Launches Linear Vesting Memecoin Issuance Platform

BlockBeats News, October 14th, SushiSwap posted on X that today it launched the Memecoin issuance platform Vesting Launch, featuring a linear vesting mechanism where tokens will be slowly released to buyers who purchased within the first 24 hours after token creation. This ensures that buyers maintain the same experience as early buyers, preventing snipers and pump-and-dumpers from ruining the promising token in the initial hours of creation.

After 24 hours of the token going live, trading will proceed normally with no restrictions. When purchasing tokens, the tokens bought by users will be linearly released in the first 24 hours post-launch. If a user buys 100 tokens 12 hours after launch, the balance will show 50 tokens, and the dashboard will display the full vested balance.

SushiSwap stated: "The introduction of linear vesting is just the beginning of our efforts to make Memecoin trading more engaging and sustainable. Countless promising tokens have been sniped and rugged within minutes of launch, destroying their chance to win over an audience. We aim to address this issue."

SushiSwap Disclaimer: Trading on the launchpad carries inherent risks, including the possibility of losing funds. Make sure to conduct your own research and understand the market before trading. Sushi does not offer any financial or legal advice, nor does it endorse any specific tokens, so please trade cautiously.