Proof of Meme (PoM)
Last updated
Last updated
Proof of Meme (PoM) is the core mechanism behind Meme 2.0 paradigm. It defines a structured, on-chain system that guides meme coin projects beyond speculation — toward long-term cultural relevance and economic contribution.
Unlike traditional consensus models or single reward systems, PoM is an evolution framework built around the full lifecycle of a meme coin.
From vault creation to community participation, contribution evaluation, reward distribution, and governance — PoM turns meme projects into active, value-generating members of the MemeCore mainnet.
Meme Vault
When an MRC-20 token is issued on MemeCore, a dedicated Meme Vault is automatically created for the project.
The vault is a smart contract based hub designed to track community activity and distribute rewards to PoM participants — including validators, stakers, and traders.
It serves as the central infrastructure for measuring engagement and fairly allocating on-chain rewards.
Viral Grants Reserve
MemeCore allocates 10% of block rewards to a Viral Grants Reserve as growth-based funding.
If a Meme Vault meets Meme 2.0 evaluation criteria (TBA) — such as community size, transaction volume, or TVL — it becomes eligible to receive a grant.
This ensures funding is distributed based on measurable on-chain traction and community strength, not short-lived price pumps.
Meme (MRC-20) Reserve
When a MRC-20 token is created, 5% of its total supply is automatically allocated to the Meme (MRC-20) Reserve to be used as rewards within the Meme 2.0 ecosystem, accelerating meme virality.
Of that, 1% is allocated to the $M stakers reserve, and the remaining 4% is allocated to the meme (MRC-20) stakers reserve. These reserves are distributed as staking rewards to core participants who engage in PoM (Proof of Meme) staking.