π‘Introduction
The meme coin market has long suffered from a lack of sustained liquidity and a limited variety of highly liquid options. This has limited the growth potential and hindered the mainstream adoption of many promising meme coins.
Poope is an innovative solution designed to revolutionize the meme coin market. As a specialized fork of GMX, Poope caters directly to the unique needs and challenges of meme coins, providing an environment that promotes sustained liquidity and diverse highly liquid options. One reason for this is the absence of an oracle for price feeds in Poope's design. Instead, Poope queries price feeds directly from Uniswap, the primary decentralized exchange (DEX) for meme coins.
At the heart of the Poope ecosystem are two unique tokens - the Poope Liquidity Token ($PLP) and the Poope Token ($POOPE). The $PLP token hosts a basket of meme coins and provides holders with the majority of trading fees on the platform. The $POOPE token, on the other hand, is the governance token that empowers holders with a say in the platform's operations while also providing a share of platform fees as an incentive.
Poope is more than just an exchange; it's a comprehensive solution tailored to meme coins, enhancing their liquidity, accessibility, and community engagement. Welcome to the future of meme coin trading, welcome to Poope.
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