FAQ | ⛽ Gas Pump (Pump.Fun on TON)

Welcome to our latest innovation, a Gas Pump mini-app in Telegram that allows you to create and trade meme tokens on the TON blockchain. Below you'll find answers to the most frequently asked questions about our platform.

What is this app about?

Our protocol is a fork of the popular Pump.fun platform, tailored specifically for the TON blockchain. We offer a secure and fair environment for users to create and trade meme tokens by leveraging the unique capabilities of our Telegram mini-app integration. This integration ensures ease of use and accessibility for all users.

Why is buying meme tokens through our platform safer than presales?

Our platform ensures a safer and more transparent process for buying meme tokens compared to traditional presales. Here are the key advantages:

Reduced Risk of Fraud

In traditional presales, you send your money to a wallet address, trusting that the token creators will deliver on their promises. There's a significant risk that they could simply walk away with your funds without ever launching the token. Our platform eliminates this risk by handling the entire process within the app, ensuring that your funds are secure and that the token will indeed be launched.

Fair Allocation and No Team Hoarding

With our system, there are no presales and no hefty team or insider allocations. This means that the token supply is distributed more fairly among users, without the creators holding a large portion that could later be dumped on the market. This drastically reduces the likelihood of a rug pull where creators could vanish with the funds after conducting a massive sell-off.

Liquidity Security

All funds reaching the liquidity cap of 1000 TON are automatically routed to DeDust.io, a decentralized exchange. This process ensures that the liquidity is locked in a secure and decentralized manner, preventing the creators from withdrawing the liquidity and collapsing the token's value. The platform burn the liquidity pool (LP) tokens, further securing the market from the creators manipulating the liquidity.

Equitable Distribution for Retail Buyers

Traditional presales often disadvantage retail investors because large allocations can be given to market professionals and market makers, who can manipulate prices and extract profits at the expense of small investors. Our platform’s fair-launch model ensures that all tokens are available to everyone at the same time, preventing large players from securing unfair advantages, thus offering retail buyers a fairer chance to profit.

How is liquidity managed?

For each token, once it reaches a liquidity cap of 1000 TON, the funds will automatically be directed to DeDust.io, a decentralized exchange (DEX) on the TON blockchain. This ensures continuous liquidity and better market stability for your tokens.

How Do I Start Trading?

Using our mini-app for trading tokens is straightforward. Just follow these steps:

1. Open the Mini-App in Telegram or Website https://gaspump.tg

2. Follow the Onboarding screens.

3. Research Tokens: Before investing, explore the available information about the tokens. Check the token distribution carefully. If the creator holds more than 30% of the tokens, it might be a sign to reconsider your investment.

4. Join Token Chats: Engage with the community by joining the chat associated with each token. Ask questions and gather opinions to better understand the potential and ideas behind the token.

By following these steps, you'll be well-equipped to trade tokens confidently and make informed decisions.

How does token creation work?

Creating a token on our platform is simple and inexpensive. You can create your own token directly within the Telegram mini-app in just a few steps and at a minimal cost.

Push the 'Create token' button on the app's main screen, select a meme photo or GIF, choose a name and ticker for the token, and if you want, add Telegram channel and chat links, as well as a description. Our system guarantees fair launches with no presales or team allocations, promoting transparency and trust.

Learn more how to launch a meme token in this article:
https://telegra.ph/How-to-launch-your-meme-token---Gas-Pump-PumpFun-on-TON-06-02

What is DeDust.io?

DeDust.io is a decentralized exchange on the TON blockchain. By directing liquidity to DeDust.io, we ensure that your tokens can be easily traded in a secure and decentralized manner. This promotes a healthier trading environment and better opportunities for liquidity.

Why do users receive tokens with a 'gas' prefix and why should they exchange these tokens before trading on DeDust?

This mechanism is designed to ensure security and protect liquidity. By issuing tokens with a 'gas' prefix (e.g., gasToken) for initial trades on our platform, we prevent malicious users from "breaking the liquidity" before the official release of the token on DeDust.

Once the token reaches its MCAP cap, our protocol automatically creates a liquidity pool on DeDust in a pairing with TON. Users can then exchange the wrapped version of the token (with the 'gas' prefix) for the tradable version on DeDust at a 1:1 ratio directly through our interface. This process safeguards the liquidity and ensures a smooth and fair transition from our platform to DeDust.

Are There Any Fees Involved?

Creating a token on our platform has no fee, ensuring accessibility for everyone. Trading on our platform incurs a minimal fee of 1%, while trading fees on DeDust.io are standard and competitive, providing you with a cost-effective way to manage your assets.

What is Battle Royal?

10 minute battles. Every hour. The winner becomes King of the Hill for the next hour!

Only tokens with 10 distinct buyers (with logged in Telegram accounts) can participate in the battle.

How can I stay updated?

Stay tuned for updates by following our official Telegram channel - @gaspump_tv. We provide regular updates, support, and community engagement to keep you informed and involved in the evolution of our platform.

We hope this FAQ answers your questions and helps you get started with our mini-app. If you have any further inquiries, please don't hesitate to reach out to our support team via Telegram.

Welcome to the future of token creation and trading on TON!