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  1. MemeCore

Proof of Meme (PoM)

PreviousWhat is Meme 2.0?NextPoM Contributors

Last updated 1 month ago

what is PoM?

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.

How PoM Works

  1. 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.

  2. 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.

  3. 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.

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