🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Heaven is booming on Solana with over 4,100 tokens launching every day.
Heaven, the launchpad token platform on Solana with its own DEX, officially went live on August 15 and quickly captured 15% of the token launch market on Solana.
In the first 10 days, the platform recorded an average of 4,100 tokens launched each day, with a record of nearly 9,000 tokens on the 5th day alone. As a result, Heaven has generated over 3.8 million USD in transaction fees.
Unlike other launchpads, Heaven does not use a bonding curve but applies a virtual liquidity mechanism, allowing each pool to initiate transactions instantly as if it had been seeded with about 35 SOL.
Tiered fee mechanism:
Heaven also stands out with the "God Flywheel" mechanism, where 100% of the protocol's revenue is used to buy back and burn the native token LIGHT. This token surged from a market capitalization of 15 million USD to a peak of 130 million USD in just one week, before correcting to 33 million USD.