Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Clanker Upgrades to Share More Fees With Users

Clanker Upgrades to Share More Fees With Users

AltcoinbuzzAltcoinbuzz2024/11/29 00:22
By:By Victor -Victor -

Clanker, a big player in AI-powered token tools, is stepping up its game.

The Base chain AI agent announced an upgrade to its contract, allowing users to directly receive 40% of the fees it collects, including ETH and other tokens.

This change is aimed at putting more rewards directly into users’ pockets. Let’s explore more about Clanker.

What Is Clanker?

Clanker is a tool that uses artificial intelligence to help users create and launch tokens quickly on the Base chain . The process happens through the Farcaster client, making it simple for users to jump into the world of token creation. With Clanker, users can focus on their ideas while the AI handles the heavy lifting.

Clanker had an impressive run on November 26, pulling in $1.2 million in fees, marking a new record. Not only that, but its token trading volume also skyrocketed, hitting $116 million for the first time. This accounts for about 32.8% of the activity seen on PumpFun , one of its major competitors.

Clanker Upgrades to Share More Fees With Users image 0 Clanker Upgrades to Share More Fees With Users image 1

Source: Warpcast

Clanker is proving it has staying power in the token creation space, continuing to attract users who want a simple and profitable way to launch tokens.

Why the Upgrade Matters

With the contract upgrade, Clanker is making sure its users feel appreciated. By sharing 40% of its fees directly with users, the platform offers a financial incentive for creators to stick around. Whether you’re receiving ETH or other tokens, it’s like getting a bigger slice of the pie. Here are some stats related to Clanker:

Clanker Upgrades to Share More Fees With Users image 2 Clanker Upgrades to Share More Fees With Users image 3

Source: Dune Analytics

This move also positions Clanker as a strong competitor to PumpFun. While PumpFun remains the leader in the space, Clanker’s rapid growth and user-friendly features are helping it gain ground.

The Bigger Picture

Clanker’s success highlights the growing popularity of AI tools in the blockchain world. Tools like Clanker make complex processes, like token creation, accessible to everyday users. The platform’s ability to handle massive trading volumes and generate record-breaking fees shows just how much demand there is for easy-to-use AI solutions. Here is a comparison between Clanker and Pump Fun:

Clanker Upgrades to Share More Fees With Users image 4 Clanker Upgrades to Share More Fees With Users image 5

Source: Dune Analytics

By putting more money in users’ hands and continuing to innovate, Clanker is showing it’s here for the long haul. And with its recent achievements, it’s clear that Clanker is giving PumpFun a run for its money.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Uniswap sets a new record with $38 billion monthly trading volume

Share link:In this post: Uniswap’s monthly trading volume has surged by almost 50% in November. The monthly fee generation has outdone Ethereum in some instances. Solana’s trading volume rose by over 50%, highlighting DeFi’s move to regain blockchain control.

Cryptopolitan2024/11/29 05:33

Russia Pushes Crypto Tax Reform Amid Bitcoin Surge

However, Russian miners of cryptocurrencies will be exempt from paying VAT (Value Added Tax) on the coins they mine.

Cryptotimes2024/11/29 05:00

XRP Lawsuit: US Judge Approves Ripple’s Judgment Request

Judge Phyllis Hamilton approved a joint request from both parties to move forward with the final judgment while maintaining a stay on the plaintiff’s class claims.

Cryptotimes2024/11/29 05:00