$mefi Token

Governance and utility token of Meme Finance.

$mefi is the governance and utility token of Meme Finance. $mefi is native to the Ethereum blockchain.

'mefinomics'

Supply: 1,000,000,000

Liquidity: 100 percent of tokens added to liquidity pool during launch (no presale or team tokens)

Tax: 6% buy, sell and transfer

• 2% dapp development

• 2% marketing

• 2% buybacks

Utility

As mentioned in Interest Rates, $mefi holders are not charged any interest on the borrowed ETH. Eligible $mefi holders can also borrow ETH at a higher percentage for their collateral (see Collateral Valuation).

A portion (50%) of any liquidated collateral will be equally distributed to $mefi holders (see Liquidation).

Holders will also have the power to vote on which tokens will be listed on the dapp.

Additional utility for the $mefi token will be added as the project grows.