After the $M of @MemeX_MRC20 was launched yesterday, everyone was staring at its market, and today we will take a look at the token distribution:
Officials have set a cap of 5 billion for $M, which will never be issued. Thereinto:
★ 58% is reserved for community incentives
★ 15% goes to the Foundation
★ 13% to core contributors
★ 12% to investors
★ 2% as a treasury
$M can be used as gas, and can also be used for staking, participating in governance, and PoM rewards.
Compared to coin-issuing platforms such as Sol, MemeX has two biggest differences:
(1) It relies on the @MemeCore_ORG mainnet, and the issuance and trading of coins are free of additional gas;
(2) With PO💩 real person verification, the amount of robot brushing is basically incompatible.
If you want to participate in the ecosystem for a long time, you can consider the MemeX platform Stake $M → 1:1 to get $stM
During the staking period, you can get dividends, and the $stM in your hand can also be used to participate in the subsequent Arena games to earn again.
It's also very simple, just stake it.
#BubuEverywhere #MemeX #KaitoAI
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