> For the complete documentation index, see [llms.txt](https://docs.memecore.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.memecore.com/memecore/token/usdm.md).

# $M

<figure><img src="https://3533620658-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZTiINrWVLnWlkEgfpXQj%2Fuploads%2FQem04wF39OX9wXICIxx2%2F%24M_MRC20.png?alt=media&amp;token=359f505a-a2c1-4835-9cab-009a6495255d" alt=""><figcaption></figcaption></figure>

### Overview

**$M** is the native token of the MemeCore blockchain, serving as the foundational asset for gas, staking, ecosystem rewards, and the broader Proof of Meme (PoM) mechanism. Designed specifically for the Meme 2.0 paradigm, $M powers a blockchain infrastructure optimized for the sustainable growth of memecoins and the viral economy.&#x20;

<table><thead><tr><th width="236">Property</th><th>Details</th></tr></thead><tbody><tr><td>Name</td><td>MemeCore</td></tr><tr><td>Symbol</td><td>M</td></tr><tr><td>Initial supply</td><td>5,000,000,000 M (total supply at TGE)</td></tr><tr><td>Max supply</td><td>10,000,000,000 M<br>* Mined through block rewards</td></tr><tr><td>Decimals</td><td>18</td></tr><tr><td>Chain</td><td>MemeCore (Mainnet)</td></tr><tr><td>Main usages</td><td><ul><li>MemeCore mainnet transaction fee payment</li><li>PoM block proposal and validation</li><li>PoM delegation currency</li><li>Governance rights</li></ul></td></tr></tbody></table>

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**Core Roles of $M**

$M is not just a utility token — it anchors value and trust across all layers of the MemeCore ecosystem. Its roles are clearly divided across the following functions:\
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**1. Transaction Fees**

`$M` is used to pay for transactions on the MemeCore network (including vault creation, meme minting, PoM submissions, and staking). A portion of the gas fees may be burned, contributing to long-term deflationary pressure on the token supply.([follows gas optimization standards of ERC-1155](https://docs.openzeppelin.com/contracts/3.x/erc1155))

Gas fees collected through network activity are partially recycled into PoM reward pools, supporting active contributors.

#### 2. **Staking & Validator Participation**

`$M` is used to stake and secure the network via validator delegation. validators must stake $M to be eligible to participate in block production. The more $M staked, the higher the chance of becoming a block proposer within a given epoch. delegators may assign their stake to validators and earn a share of validator rewards, fostering decentralized participation.<br>


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