According to official news from Odaily Planet Daily, LBank has officially launched LBmeme Launch, a new IDO platform based on the AMM mechanism. This platform provides users with a one-stop service, including Meme token issuance, acceleration, and trading. The product utilizes a bonding curve issuance mechanism during its acceleration period. Successfully completing the $50,000 acceleration period will allow token issuance. The tokens will then establish a liquidity pool on LBmeme Launch and begin trading. If the set target is not reached within 24 hours, the system will automatically refund the full amount to ensure the safety of user funds.

It is reported that LBmeme Launch is in the Alpha stage, and users can launch Meme tokens at zero cost by applying for whitelisting.