# The development process of BestMeme

**Timeline**

**Exploration Phase**

**2023.12**  Started developing smart contracts and deployed three versions on Uniswap V2, all of which failed.

Reason for failure:the initial liquidity pool was too small and attacked by MEV bots.

 

**BestMeme V1**

**2024.05** Discovered a completely new solution: abandoning the creation of liquidity pools on Uniswap V2 and building our own DEX:BestSwap.

Started the smart contract development.

**2024.10** Completed the BestMeme V1 version and launched on the Solana mainnet.

 

**BestMeme V2**

**2024.12** Identified an improved solution: creating liquidity pools on Uniswap V3 and customizing price ranges when adding liquidity to effectively avoid MEV bot attacks.

Started the smart contract development.

 

**BestMeme V3**

**2025.01** Uniswap V4, set to launch in January 2025, introduces a groundbreaking new feature: the hook function.

This allows for direct interaction with external smart contracts, enabling a wide range of customizable functionalities within the protocol.

Solution:The PoolManager will call the hook,then the hook will call the minting function and push the minted tokens to liquidity in the beforeSwap hook.


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