memgen.io
@memgen-io
What problems Memgen.io has solved that many projects fail on! 1) Liquidity: The Memgen tokenomics solves liquidity problems many other projects face via its smart contract system. A 1% fee is taken in BASE ETH of every buy or sale of Memgens $WAG token and used to buy more $WAG from the open market and to create more ETH/$WAG LP! 2) Over supply, inflation and demand: The Memgen.io tokenomics solves over supply, inflation and demand issues again via its smart contract. Firstly there is a finite amount of $WAG token the mint function is dead and no more tokens can be created. Further more a 1% fee in BASE $ETH is taken from every buy and sell of the $WAG token and used to buy $WAG from the open Market to BURN. Therefore creating a depleting supply over time making the token scarcer as demand grows.
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memgen.io
@memgen-io
4) Passive Income/ Token Utility: Unlike most meme projects or other token projects who have a token structure based on hopium. Where all investors have is a speculation on price increasing based on belief or even thin air. The Memgen.io tokenomics actually have a passive income structure that will pay $ETH rewards for staking the $WAG token. A 1% fee in BASE eth is taken from every buy and sell of the $WAG token via a smart contract and then giving back to those who chose to hold and stake the token. That’s right folks stake $WAG earn $ETH. This in turns gives investors a liquid reward they can sell and use for what ever means without creating selling pressure on the project. Also creating a demand reason for the $WAG token itself.
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