# Meme Vault > A **Meme Vault** is an on-chain reward pool created for each meme project in the MemeCore ecosystem. It’s built as a smart contract and is used to distribute rewards to contributors who help grow the project. #### More Than Just a Token Pool Meme Vaults aren’t just places to hold tokens — they are core to Meme 2.0. They reward community activities and keep the meme ecosystem alive through a positive feedback loop of participation and rewards. *** ## How It Works * When a new meme coin (MRC-20) is issued on MemeCore, a dedicated **meme vault** is created automatically. * It also receives additional funds from the Viral Grants Reserve, but only if it meets certain on-chain metrics such as TVL, market cap, trading volume, or community engagement. * However, the metrics are not determined yet and will be announced in the near future. *** ## Why It Matters A Meme Vault is here to support meme coins in the long term and accelerate their cultural and economic growth. This connects content generation and social engagement with on-chain incentives — encouraging stronger communities and sustainable meme projects. By linking with the Viral Grant Reserve, they create a seamless, continued flow of funding based on real impact. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.memecore.com/memecore/proof-of-meme-pom/meme-vault.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.