Andre Cronje, co-founder of Fantom Foundation, explained the community meme coin framework he designed. He stated that the goal is to create a safer environment for the community and investors, to mitigate risks such as team selling tokens, early investors selling in large quantities, liquidity being removed, and token access control. The proposal allows people who want to launch community/meme coins to contact directly, allocate up to 10% of tokens for marketing expenses and up to 5% for team expenses. The remaining 85% of tokens will be used for FTM/token LP and set restrictions to prevent buying or selling more than 1% of the specified LP pool in a single transaction, to reduce initial buying frenzy and large-scale dumping by early members. The token does not have minting or ownership functions. The token does not allow buying or selling more than 1% of the specified LP pool in a single transaction.

Andre Cronje, a director of the Fantom Foundation, solicited community opinions on social media regarding four unreleased DeFi prototype projects, including "Protection markets, LevX, fx*swap, On-chain Bureau". Andre Cronje asked the community for their opinions on whether all suspended projects should be continued to be released, whether all of their code should continue to be released as open source (there are many protocols running on different chains without attribution), and whether they should be specifically released on the Fantom chain. If they choose to open source, should the license be restricted to the Fantom chain?

Andre Cronje, a director of the Fantom Foundation, said that the cryptocurrency market is closely related to the overall macro market, and various factors indicate that the macroeconomic environment has not yet shown a bullish sentiment. Cronje said: "Look at the real estate market, it is only now starting to slow down, the bubble has not burst, and the economic recession has not even fully begun. Purely from the perspective of investor value, the crypto winter is far from over." <br>