HAM 🍖

almost 24hrs on $pham, it's pretty nice - no need to swap between memecoins, just get $pham and let it run.

the only way to see the growth is going to ham.fun/pham and switch the swap to pham -> eth and you'll see the difference in value of what you put in vs what you're getting out.

expect this to change soon with better visuals.

On Fees:

in the event of market pumps: $pham goes up in price (as its burnt & demand) + 40% of the fee goes to vault users(? - unsure whether these are $pham holders or some other group)

in the event of market dump: $pham holders may want to unwrap, sell, again 50% is used to burn $pham (stabilizes the pham price).

my opinion: all in all, this is a pretty comfy way of getting into memecoins, reduce your risk at the same time expose yourself to market movement.

ofc, this is obvious, it's an index but we want to find out how it works in detail.

curious what $pham's utility will be on ham chain (besides what we already know).