Wheels Venue, a blockchain-based platform, aimed to launch its ERC20 token on the Base network to facilitate secure, transparent transactions. With a focus on enhancing token value through automated burns and liquidity management, they needed a tailored solution to manage presale allocations, lock periods, and liquidity pool mechanisms. Oodles developed a comprehensive solution to meet these goals.

The project involved creating a 10 billion supply ERC20 token, allocating 1 billion tokens for presale, and implementing a 45-day claim lock. It also required an automated 1% token burn per sale until the supply reached 1 billion, alongside adding 2% of every sale to liquidity for market stability. The client sought seamless execution, ownership management, and transparent token operations.

To achieve these objectives, Oodles delivered a custom blockchain solution using Solidity and deployed it on the Base network. Key features include:

• Token Creation and Management: Established a total supply of 10 billion tokens with defined presale, marketing, and development allocations.
• Automated Presale Locking: Integrated a 45-day token claim lock to ensure fair market practices.
• Burn Mechanism: Implemented an automated 1% burn on every sale until the supply reduces to 1 billion tokens.
• Liquidity Enhancement: Allocated 2% of every sale to the liquidity pool, supporting price stability.
• Ownership Management: Ensured secure deployment with direct ownership assignment through the smart contract.