@jx
Memory’s $MEM
My non-binding, preliminary thoughts on $MEM, Memory’s network token
- API fees in USDC, distributed to users when queried
- USDC also shared with apps who contribute data on users
- Smaller % of USDC streamed to Memory treasury
- $MEM distributions commensurate to USDC earnings
- % of supply allocated for API users, diminishing over time
- $MEM staking required for running network; validating, governance
Eligible claim balances already live in Vault app for users and TGE expected later this Summer / early Fall
Stay tuned to @memoryprotocol.eth
0 reply
0 recast
4 reactions