Yesterday, I researched the coin and stock launch platforms on Base and would like to make a brief summary. Focus on three companies: o1, BaseStonk, and Stonks. BaseStonk is more prominent than functional richness alone; Stonks are easier to understand than just the intuitive level of the mechanism; O1 combines standardized issuance with opening sniping prevention. But having the most functions does not necessarily mean that the mechanism is the best. Let's talk about it in detail. ① O1: Standardized issuance, focus on managing opening well O1 directly establishes the Uniswap V4 pool, without following the traditional process of "internal trading graduation pool migration". You can choose stock tokens as trading pairs on the other side. The transaction fees generated from buying and selling will be distributed to creators, platforms, and effective recommenders. Its distinctive design is: there is a 20 second high fee decay period at the opening, followed by a decrease to normal rates, using transaction costs to suppress rush. Developers can make their first purchase in the release transaction without the Sniper Defense surcharge, but still pay the normal fees. Official mechanism My understanding: O1 is to first unify the issuance rules and then add a speed bump to the opening. But speed bumps do not mean everyone is standing on the same track, developers still need to pay attention to it when making their first purchase. ② BaseStonk: Transforming transaction fees into a configurable toolbox BaseStonk also directly opens Uniswap V4 pool. Its biggest feature is not that it can also use stocks as a bottom pool, but that creators can configure sales taxes and allocate their income portfolio to: Shareholder dividends, purchase of stocks and other reward assets, repurchase and destruction, increase in liquidity, and platform basket. Simply put, if someone offers a set meal, it offers a buffet. Issuance mechanism This makes it more suitable for projects that aim to generate revenue from transactions and then give it back to the holders. But the cost is also clear: the configuration is more complex, in addition to transaction taxes, it also depends on the underlying pool fees, and dividend conversion and actual receipt also need to be verified. The V6 contract that was previously inspected still retains some allocation and exemption management permissions, which cannot be summarized as' all rules cannot be changed after launch '. V6 source code Its advantage is configurability, not proven to be safer. ③ Stonks: The mechanism is more focused on distribution, creator income, and Taiwan dollar repurchase Stonks uses Uniswap V3, with one-sided liquidity opening and permanent locking of LP positions, and no subsequent graduation pool migration. According to the current announced plan, the transaction pool fee will be distributed between creators and the platform; The platform share will be reused for STONKEX repurchase, destruction, and operation. In addition, it supports developers' first purchase and has designed airdrop and coin holding behavior records around the FOMO ranking, but this does not mean official endorsement from FOMO. Official mechanism My understanding is that Stonks does not pursue to cram all the functions into it, but rather to explain the path of "coin issuance trading sharing repurchase" more intuitively. It is more suitable for projects that value launch experience and community dissemination, but simple rules cannot replace safety verification. —— So, which mechanism is currently better? My answer is to see what problem you want to solve: BaseStonk offers a wider range of tools for designing stock dividends, multi asset rewards, and complex income distributions. Stonks wants a more intuitive creator sharing and platform coin repurchase path, which is easier to understand. Valuing standardized issuance and clear anti running rules for opening, o1 is more worthy of research. In terms of data transmission, 01 is far ahead, while the rest is supported by platform coins, so it is still very early. I bought some BSTONK, and some of my holdings were bought from Fomo addresses. Due to the real name of the project party and the deployment of both Base and Robinhood, if a big golden dog is released in the future, the odds of this platform coin will be high enough. dyor。 By the way, for those who haven't registered FOMO yet, it's recommended to register: https://fomo.family/r/duanwangye66