SquidPump

SquidPump is a core component of SquidSwap's token launch platform, implementing advanced pre-launch functionality with built-in security features.

Overview

The SquidShot contract serves as the foundation for new token launches on SquidSwap. Tokens are created through the SquidTokenFactory contract, which requires users to hold a minimum amount of SQUIDS tokens to launch a new token. Each wallet is limited to creating one token. If the token is successful, the creator can deploy more tokens from the same wallet. If the token fails, the developer must create a new token with a new wallet.

Launch Process

  1. Token Creation

    • Developer must hold required SQUIDS tokens

    • Submit token details (name, symbol, description, social links)

    • Choose 1, 2, or 3 ETH as the hardcap

    • Token Factory deploys new SquidPump token contract

    • Initial token supply is minted to the contract

    • Tokens are sold at a fair rate to all buyers

    • If filled, developer finalizes sale and sends it to trade

    • Contract automatically creates an LP, burns liquidity and renounces ownership

  2. Presale Phase

    • 30-minute promo countdown

    • Users can contribute 0.005-0.1 ETH

    • Tokens are sent to wallet, no need to claim

  3. Launch Phase

    • Automatic liquidity pool creation

    • Initial trading begins with protection measures

    • 2-hour tax period begins (30% ⇒ 2%)

Token Tax Structure

The contract implements two types of fees:

  1. Anti-Dump Tax (2%)

    • Active for first 2 hours after trading starts

    • Prevents early dumping and price manipulation

    • Gradually reduces from 30% to 2% after 2 hours

    • Collected taxes are split between the developer and the platform

Trading Timeline

  1. Hour 0-2:

    • For the first 2 hours, anti-dump tax active decreasing from 30% to 2%

  2. After Hour 2:

    • Anti-dump tax expires

    • Only 2% sell tax remains - No buy tax

    • Normal trading conditions begin

    • Liquidity remains permanently burned

Key Features

1. Presale Functionality

  • Configurable presale parameters

  • Minimum contribution: 0.005 ETH

  • Maximum contribution: 0.1 ETH

  • Automatic presale finalization conditions

2. Trading Protection

  • Anti-bot measures

  • Automated liquidity management

3. Security Measures

  • Built-in liquidity burning

  • Automated swap mechanisms

  • Fair launch protections

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