Supported Meme Tokens

Memestaking is designed to be an inclusive platform that supports a wide range of meme tokens. This inclusivity ensures that even tokens with challenging histories have a chance to thrive within our ecosystem. Here’s a detailed look at the criteria for supported meme tokens and the benefits of staking high-quality tokens.

Criteria for Supported Meme Tokens

Memestaking supports all meme tokens, regardless of their current market status. This includes:

• New Meme Tokens: Freshly launched tokens that are gaining traction in the community.

• Established Meme Tokens: Tokens that have been around for a while and have built a solid community base.

• Rug Pulls and Zero Value Tokens: Tokens that have experienced rug pulls or have lost their market value.

Inclusion of Rug Pulls and Zero Value Tokens

Memestaking is committed to providing a second chance for all meme tokens, even those that have faced significant challenges such as rug pulls or drastic drops in value. These tokens are often left behind by the market, but we believe in their potential for revival through community support and staking incentives.

• Low Degree in System: Tokens that have been rug pulled or have zero value will have a low degree in our system. This means they are still eligible for staking and can earn $MES rewards, but at a baseline APR.

• Opportunity for Redemption: By including these tokens, Memestaking offers them a platform for potential recovery. Community engagement and support can help breathe new life into these projects.

Higher APR for Tokens Meeting Specific Conditions

To incentivize the staking of high-quality meme tokens, Memestaking offers higher APR multipliers for tokens that meet certain conditions. These multipliers range from 1.25x to 10x, providing significant rewards for staking well-established and reliable tokens. The criteria for higher APRs include:

• Existence for More Than 1 Year:

  Tokens that have been in existence for over a year demonstrate resilience and long-term viability. These tokens are considered more stable and are rewarded with higher APRs.

• More Than 500 Holders:

  Tokens with a large number of holders indicate a strong and engaged community. A higher number of holders also suggests wider acceptance and trust in the token, qualifying it for higher APRs.

• Liquidity Pool Locked or Listed on Major CEX:

  Tokens with locked liquidity pools or those listed on major centralized exchanges (CEX) have a higher degree of trust and stability. These tokens are less likely to experience drastic liquidity issues, making them eligible for higher APR multipliers.

By implementing these criteria, Memestaking ensures that the best-performing and most reliable meme tokens receive the support they need to thrive. At the same time, the platform remains inclusive, offering opportunities for all meme tokens to participate and benefit from staking.