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FAQ

01. What is Meme Network?
Meme Network is a meme-friendly ecosystem based on Web 3.0 that features high transparency, irreversible data and collective consensus with autonomy and community focused approach. This integrated platform offers tools and applications to empower meme lovers to create, distribute and monetise memes.
02. Why was Meme Network created?
We love memes, and our goal is to provide a scalable solution to transit internet memes from a relatively enclosed environment in Web 2.0 to a decentralised ecosystem in Web 3.0.
Our platform intents to liberate creativity so memers - our community is empowered to create whatever they want, wherever they want. With our tools & Layer 1 network, everybody is granted true ownership to their creation.
03. How can I get involved?
Meme Network releases various community programs and events on an ongoing basis to gather the community for fun events, new application testing, or to simply crowdsource wisdom on various topics. Join the discussion on Discord and follow Meme Network on Twitter to learn more. All of Meme Network’s official links can be found here.
04. What is the $MEME token used for?
$MEME is the native token of Meme Network mainly used for network fees on the blockchain, to provide Proof of Stake consensus to the Meme Network, and for protocol governance. You can read more about $MEME token uses in our Medium.
05. What is the $MEME initial supply?
5 billion. You can learn more about the inflation and deflation mechanisms in place here.
06. What is the initial distribution and release schedule of the $MEME token?
Details about $MEME token distribution and release schedule can be found here.
07. I have another question that’s not answered here.
Take a look at the official documentation - if you can’t find the answer to your question here, share it with us in the #ask-me-anything channel on Discord.
08. How can I set up a $MEME wallet?
Install Keplr wallet (desktop browser preferred) - https://wallet.keplr.app/#/dashboard
Add Meme Network to your Keplr - https://wallet.meme.sx/
09. How can I stake and earn $MEME reward?
By staking your $MEME token to our validators, it will help to secure the MEME network. In return, you can earn $MEME reward with current rate of 176% APR. Full staking tutorial is available. You may even be able to auto-compounding your reward up to 900% APR by delegate through Restaking.app, details can be found here.
10. Can I earn more incentive by providing liquidity to the $MEME-$OSMO pool
Of course. Osmosis Frontier allows Memer to participate in incentivized $MEME liquidity pools for liquidity mining to earn incentives and swap fees. Full tutorial can be found here.
11. How to check your unbonding completion date?
You can find your wallet information on the block explorer.
Please go to https://ping.pub/meme find the search icon and paste your wallet address.
12. Is testnet available in Meme Network?
Yes, Meme Testnet is now released, details can be found here.
13. Does testnet offer reward?
Meme Testnet does not offer external reward, but we are considering on an incentive program for our potential developers, stay tuned for more updates.