Ride

Let’s explore RIDEDEX! @RideDEX • A platform launched on Base by a small team from TreasureDAO, allowing users to trade meme NFTs. • Currently, meme NFTs can be purchased using WETH, and once $42K in liquidity is reached, trading will be available via Magic Swap. • Unlike Pump.fun, NFTs are sold at a fixed price until the $42K goal is met, and they can be resold anytime. If you sell before the $42K funding goal is reached, you'll receive your ETH back (minus a 0.5% fee). What makes it special: • When issuing meme NFTs, 45% is allocated for sales, 45% for LP creation, and the remaining 10% as Pack rewards. • The Pack system stands out: opening a Pack rewards you with a random NFT. You might get a jackpot meme like ai16z or GOAT (examples) from RideDex or end up with a less valuable one. Packs themselves are tradable assets. • Packs are dropped seasonally and can be earned by either purchasing meme NFTs that bond with Magic Swap or having your own meme NFT bonded with Magic Swap. • A Pepe Smol avatar is displayed on profiles during trades. There are 200 unique traits, and you can burn Packs to obtain a new Pepe Smol, adding a social identity element to the platform with adorable characters. • In addition to standard ERC20 and ERC1155 tokens, ERC-718 tokens can also be issued. These tiered tokens display differentiated NFT images based on the number of tokens held. For example, holding 1 NFT might show a "poor Smol," while holding 1,000 NFTs could display a "golden Smol." This opens the door to creating fun and unique meme tokens. • An upcoming feature will allow token issuance in the AI Agent category. • A 0.5% TAX is applied to all transactions, and veSMOL (staked Smol) holders can vote to decide which meme NFT pools receive these fees. This adds a DeFi layer, distinguishing it from simple pump-and-dump models. 🔗 Check out the platform's DOCS: docs.ride.wtf/introduction 🔗 Start trading on RIDE DEX: ride.wtf/?refCode=4FBEDE-m5w… (with referral) #RIDE #SMOL