HyperFun: An Evolution of the Crypto ‘Pump’ Token Model.

The release of HyperFun represents a significant evolution of what is possible with the now common, ‘Pump’ style token-launchpads.

Although HyperFun incorporates all of the now standard features, such as fair-launches, paid mints and bonding curves, it also advances the capabilities of such platforms, by improving UX and reducing risk for users.

The baked-in safety nets and minter protections also make HyperFun a highly consumer-friendly crypto tool, capable of scaling to the masses.

What is HyperFun?

HyperFun is a highly-advanced token-launch app built on Trac Network.

Powered by the HyperToken Protocol (also built on Trac), it turbocharges the traditional ‘Pump’ model with the addition of some powerful extra features, including:

• Secured Floor Prices
• Guaranteed Exit-liquidity for Everyone (non market-dependent)
• Refund Mechanism for tokens that do not hit the bonding curve
• PvP Gamification mechanics
• Highly-optimised bonding curve
• Advanced market-cap controls.

Feature Focus

As discussed above, HyperFun introduces multiple novel features, so let’s focus on the main 3, that are each designed to both maximise user experience, and significantly reduce risk.

These 3 core features are:

• ReFUNS
• Floor-Locks
• Tap-Outs

Let’s look at each in more detail:

ReFUNS

HyperFun introduces a risk-free minting mechanism named ‘ReFuns’, which enables all minters to receive a mint refund if a token fails to hit the bonding curve.

This enables them to search for the next hot token and redeploy their funds into that mint, so the FUN never ends with HyperFun!

We’re incredibly proud of the ReFUN feature, as it provides users with a risk-free way to have fun, and provides them with greater opportunities to participate in more mints.

Floor Locks

When launching a HyperToken, one-third of the total mint funds generated (~33%), automatically accumulate within the token’s ‘Floor Lock’.

All HyperTokens are minted with $TAP, so as a mint progresses, the Floor-Lock’s $TAP balance grows proportionally to the supply of the new token.

These pools of $TAP (which are entirely separate from the liquidity pools) provide all HyperTokens with a built-in, guaranteed floor-value!

Floor Locks only activate once a HyperToken hits the bonding curve, and graduates to live-trading within the HyperMall App.

($TAP is the utility token of the TAP Protocol).

Floor-Lock Example:

• Creator launches $HENCH token
• Supply is 100 Million
• Mint price per $HENCH token ranges from 0.00002 to 0.003 $TAP (depending on how early you mint)
• Floor-Lock ~33%

-> This means the Floor-Lock would contain ~74.25k $TAP (33% of the total 225k $TAP raised).

TAP-Outs

Because every HyperToken has a guaranteed minimum floor-value stored within its Floor lock, all token holders are able to exit, (aka ‘TAP-Out’ of) their position at any time!

In order to TAP-Out, holders must burn some or all of the token, in exchange for the proportional share of the Floor-Lock pool.

TAP-Out Example:

• You hold 1,000,000 $HENCH (1% of supply).
• The Floor-Lock contains 67.5k $TAP.
• If you TAP-Out and burn all your tokens:
• 👉 You receive 1% × 67.5k = 675 $TAP — guaranteed!

Liquidity Pools

As with all pump-style, token-launch tools, the majority of mint funds accrue to the liquidity pool, and HyperFun is no different.

Continuing on with our previous $HENCH token example, the remaining 153k $TAP tokens (~67% of total supply) would become the starting liquidity pool.

All live-trading of HyperTokens will take place on the HyperMall App (available on Mac, Windows & Linux).

Hyper-Efficient Bonding Curve

If there’s one thing that degens absolutely LOVE, it’s discovering low market-cap tokens early!

With this in mind, the HyperToken protocol’s bonding curve was specially designed to enable tokens to hit the bonding curve whilst still sitting at very low Mcaps.

Token creators have the choice to customise target price and supply, providing a granular level of control over their desired market-cap at the point of graduation to live-trading on the HyperMall app.

HyperFun’s bonding curve provides opportunities to discover tokens with massive upside potential and high volatility, two of the most crucial ingredients for adrenaline-fuelled pump cycles!