Supply

The $MES token is the native token of the Memestaking platform, designed to reward users for staking their meme tokens and participating in the ecosystem. Understanding the tokenomics of $MES is crucial for users to fully appreciate the benefits and structure of the platform.

Total Supply

• Total Supply: 21,000,000,000 $MES

The total supply of $MES is fixed at 21 billion tokens. This ensures a balanced distribution and controlled inflation, providing long-term value for the holders and stakers.

Distribution

The distribution of the $MES tokens is designed to support the platform's liquidity and staking rewards, ensuring a sustainable ecosystem.

• 50% Liquidity Pool:

  Amount: 10,500,000,000 $MES

  Purpose: These tokens are allocated to the liquidity pool to ensure smooth trading and stability of $MES on decentralized exchanges like Uniswap. A robust liquidity pool helps maintain price stability and reduces slippage during trades.

• 50% Staking Pool:

  Amount: 10,500,000,000 $MES

  Purpose: These tokens are reserved for the staking pool to reward users who stake their meme tokens. The staking pool incentivizes long-term participation and supports the revival and sustainability of meme tokens within the ecosystem.

Tax Structure

To support the ongoing development and operation of the Memestaking platform, a small tax is applied to every sell transaction. The tax structure ensures that the platform has the necessary resources to continue providing value to the community.

• 5% Sell Tax:

  • 2% for the Staking Pool:

    Purpose: This portion of the tax is directed to the staking pool to ensure there are ample rewards for stakers. It helps maintain a high APR and encourages more users to stake their tokens.

  • 2% for Launching High-Quality Memes:

    Purpose: These funds are used to support the relaunch of successful meme projects and initiate new, promising meme tokens. This ensures the platform continues to offer fresh and exciting opportunities for users.

  • 1% for Marketing:

    Purpose: A portion of the tax is allocated to marketing efforts to promote Memestaking, attract new users, and grow the community. Effective marketing ensures the platform's visibility and helps drive adoption.