Clanker is an AI Agent with leading meme coin issuance features on the Base network alongside the Virtuals Protocol. So what's special about this project, let's explore it through this article!

What is Clanker (CLANKER)? AI Agent to deploy tokens on the Base blockchain

What is Clanker?

Clanker is an AI Agent developed by Jack Dishman and proxystudio.eth. This project is built for users who want to issue their own tokens without deep programming knowledge, Clanker automates the entire token creation process through the Farcaster application on the Base blockchain.

By streamlining the token creation process, Clanker lowers the barrier to entry for developers and businesses who want to leverage blockchain technology.

Users only need to propose their token idea, and Clanker will handle the technical details, making the launch and management of tokens on the Base network easier than ever.

What is Clanker?

How Clanker Works

Clanker's functionality revolves around automating the token deployment process, ensuring that even those without a technical background can successfully create their own tokens. Here's how Clanker works:

• Submit token creation request: Users propose their token idea to Clanker.

• Request verification: Clanker will verify the request from the user.

• AI-powered automation: Clanker uses AI to automate the token creation process on the Base blockchain.

• Create liquidity pool on Uniswap: Clanker will initialize a liquidity pool on Uniswap V3.

• Lock liquidity: The liquidity will be locked in the Uniswap V3 pool.

Clanker's Operating Model

Clanker's Revenue Sharing Model

One of Clanker's standout features is its revenue-sharing model, which sets it apart from other blockchain platforms. Instead of keeping all transaction fees, Clanker distributes 40% of the fees back to the users contributing to the network.

This includes fees collected in ETH and other tokens, providing a financial incentive for users to participate in the ecosystem.

This model contrasts sharply with traditional blockchain platforms, where most platforms retain the majority of transaction fees. Clanker's transparent fee-sharing structure encourages user participation and fosters a loyal community, as it allows users to earn rewards simply by being part of the network.

Additionally, Clanker does not charge any fees for token issuance, further increasing its accessibility to users.

Clanker's Performance

Since its launch, the Clanker platform has witnessed the creation of over 37,000 unique meme coins, going through three development versions (v0, v1, and v2).

Number of meme coins created on Clanker. Source: Dune Analytics (14/01/2025)

The total trading volume of meme coins on Clanker has surpassed $1.6 billion.

Total trading volume of meme coins on Clanker. Source: Dune Analytics (14/01/2025)

Clanker has generated $15.8 million in transaction fee revenue with over 164,900 users.

Clanker's transaction fee revenue and user count. Source: Dune Analytics (14/01/2025)

CLANKER Token Information

Token Allocation

CLANKER has a total supply of 1 million. All the tokens have been minted initially and locked in the liquidity pool on Uniswap V3.

What is CLANKER token used for?

CLANKER only serves as a representative meme coin for the project and is not used for any other functionality.

CLANKER Token Storage

You can store this token in the following wallets: MetaMask, Rabby Wallet, Trust Wallet, ...

Conclusion

Clanker is a meme coin issuance platform developed on the Base network. Since its inception, the trading volume of meme coins issued by Clanker has exceeded $1.6 billion.

Note: The information in this article is not to be considered investment advice, Coin68 is not responsible for any investment decisions you make.