# BestMeme V1

## **Solution:** <a href="#d1ae" id="d1ae"></a>

The meme coin launch process is designed to be transparent and accessible.&#x20;

**Key steps include:**

1. **Meme Token Creation**: For a fee of 1 SOL, users can create a Meme Token, receiving 500,000 tokens (0.05% of the total supply).
2. **Liquidity Addition**: The fee is utilized to add liquidity to BestSwap, with an equal number of tokens added. Once added, this liquidity is permanently locked.
3. **Token Auction**: A total of 999 million tokens (99.9% of the supply) are released linearly into the liquidity pool per block during a selected auction period (ranging from one hour to up to one year). The token price will decrease linearly if there is no purchasing activity during the auction.
4. **Trading on BestSwap**: Meme coins can be traded on BestSwap, using a standard AMM trading model.
5. **Trading Fee Allocation**: A 1% fee applies to all trades. Half of this fee supports the creator, while the remaining 50% funds the protocol.


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