Question 1

What is MemeCore (M)?

Accepted Answer

M is the native token of the MemeCore mainnet and the foundational asset used by the network for fees, PoM consensus participation, delegation, and governance. It is not used only for transfers: operations such as creating vaults, minting memes, submitting PoM information, or staking on MemeCore all require M to pay network fees. M's network role connects usage, consensus, and incentives: fees generated by user activity may be used for network mechanisms, while validating participants and delegators participate in PoM block production and reward distribution around M. Holding M itself does not mean that one has participated in validation or automatically receives rewards.

Question 2

What are M's primary uses?

Accepted Answer

M's primary uses are paying MemeCore mainnet fees, participating in PoM block proposing and validation, serving as a PoM delegation asset, and exercising the governance rights disclosed by the project. Different uses correspond to different on-chain actions, so “holding M” cannot be equated directly with having completed staking, delegation, or governance voting. Fees enable transactions and application operations to be processed by the network; staking and delegation allow assets to participate in the validator system; and governance rights are token functions listed by the official source. Specific interfaces, eligibility, reward distribution, and governance procedures are subject to the mainnet rules in effect at the time.

Question 3

How is M used to pay fees, and where do the fees go?

Accepted Answer

When initiating an on-chain operation on the MemeCore mainnet that requires execution, users pay gas in M. Officially listed scenarios include creating vaults, meme minting, PoM submissions, and staking; the actual amount paid depends on the execution resources required by the operation and the network settings at the time. According to the official description, part of the gas collected may be burned, while another part flows back to the PoM reward pool. Therefore, fees are not simply paid entirely to a single participant: burning reduces the corresponding token quantity, while the portion entering the reward pool supports active contributors. Specific proportions and whether they are triggered are subject to current network rules.

Question 4

How does M participate in PoM validation and block production?

Accepted Answer

MemeCore uses M as the staking asset for validation participation in PoM. Validators must stake M to be eligible to participate in block production; within an epoch, the more M staked, the greater the chance of becoming a block proposer. This does not mean every M holder becomes a validator. Users who intend to operate or join the relevant validation participation method must also meet the network's operational and eligibility requirements at the time; staking serves to link participants' economic interests to network security and block production.

Question 5

What is the difference between delegating M and directly being a validator?

Accepted Answer

Holders who do not directly operate a validator can delegate M to a validator; the official source lists M as PoM's delegation currency. After delegation, the validator participates in the network through its staking system, and the delegator can share rewards according to the validator's reward rules. Delegation does not automatically turn M into a fixed-income product. Whether rewards are generated and how they are distributed depend on the validator's participation and network rules; delegators should still understand their selected validator, the delegation operation, and the current rules rather than infer returns solely from holding the token.

Question 6

How should M's supply and block rewards be understood?

Accepted Answer

M has a maximum supply of 10 billion tokens; total supply at TGE was 5 billion tokens, and the source of the remaining maximum supply allowance is block rewards. Here, “maximum supply” is the upper limit the protocol permits, not the amount freely tradable in circulation at a particular point in time. Therefore, understanding M supply requires distinguishing at least three measures: the 5 billion total supply formed at TGE, the amount that may be generated in the future through block rewards, and the quantity actually entering market circulation. The official page does not provide periodic release details or actual circulating supply here, so the latter cannot be directly inferred from maximum supply.

Question 7

What do M's 18 decimal places mean?

Accepted Answer

M has 18 decimal places of token precision, meaning on-chain balances can use the smallest units smaller than 1 M. Precision only defines the granularity of amount representation and calculation; it does not alter the two supply measures of the 5 billion TGE total supply and the 10 billion maximum supply.

Question 8

What do M's governance rights mean?

Accepted Answer

MemeCore lists M as a native token with governance rights. Governance functionality means M is defined by the project as part of its governance system, but a governance participation event normally still needs to follow the proposals, voting eligibility, vote counting, and execution rules in effect at the time. The official token page does not disclose a specific voting-weight formula, proposal threshold, or implemented governance decisions here, so governance rights should not be extended into fixed voting outcomes, entitlement to returns, or ownership of any asset.

Question 9

Why is M called MemeCore's native asset?

Accepted Answer

M is a MemeCore mainnet asset, rather than an ordinary token issued by an external application on that chain. Its native status means it is used by the network for gas, PoM validation and delegation, and officially listed governance functions. This distinction affects how it can be used: whether an application token can be used for fees or validation staking depends on whether the protocol separately supports it; M, by contrast, is the foundational mainnet asset directly designated by the official source.

Question 10

Does holding M automatically make someone a validation participant?

Accepted Answer

No. Merely holding M does not automatically make an address a validation participant, nor does it automatically trigger delegation or rewards. Validators need to stake M and enter the network's validation participation process; holders who wish to participate through a validator need to actively complete delegation. This distinction is important: holding tokens is an asset state, while staking, operating validation infrastructure, or initiating delegation are additional on-chain or operational actions. Actual eligibility and operating conditions are subject to current mainnet rules.

Question 11

What is the relationship between M's network utility and market demand?

Accepted Answer

Demand for using M may arise from mainnet transactions and application operations, validator staking, delegation, and PoM-related activity; however, token utility itself cannot establish that the price will necessarily rise. Actual demand also depends on whether users perform these operations, the amount of M required, fee rules, and tradable supply, among other conditions. For example, increased network activity may increase the number of operations paying gas, but if per-transaction fees, asset holding structures, or market trading supply also change, price performance may not move in the same direction as activity. Utility describes functions within the protocol, not an investment-return commitment.

Question 12

Where can I find official information about M?

Accepted Answer

MemeCore's official M documentation can be used to verify its native-token status, supply measures, precision, and disclosed uses. For actual operations involving fee burning, rewards, validation eligibility, delegation, or governance, refer to the mainnet rules and interface instructions issued by the project at the time.

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