> For the complete documentation index, see [llms.txt](https://memex-3.gitbook.io/memex/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://memex-3.gitbook.io/memex/product/how-it-works.md).

# How It Works

When you join MemeX, a meme coin is created based on the information you provide. Accounts and tokens are created seamlessly: no technical setup required.

<figure><img src="/files/mqmRAha37XR1rl7L6CSa" alt=""><figcaption></figcaption></figure>

## How It Works

MemeX runs on three gears that turn together. Each handles a different layer of human participation.

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### ALIVE : PROOF OF LIFE

Daily actions verified into trust signals that accumulate.

Learn More →
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### Social Rewards: CREATE & CONNECT

Real participation becomes measurable influence.

Learn More →
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### Trading Rewards: BUILD YOUR BRAND

Platform revenue flows back as buyback: not platform profit.

Learn More →
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## Token Allocation

<figure><img src="/files/QzKAFfVmrSSEDowI9Sgo" alt=""><figcaption></figcaption></figure>

* Standard: MRC-20
* Total Supply: 1,000,000,000
  * Bonding Curve Sale: 745,000,000
  * Liquidity Pool (LP): 200,000,000
  * PoM: 50,000,000
  * Reserved: 5,000,000

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This is the allocation structure for tokens that users issue on MemeX: not MemeX's own token.
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## Wallet Integration

MemeX integrates with EVM-compatible wallets.

## Bonding Curve Mechanism

Each user-issued token grows on a bonding curve. The total amount of $M required to complete the curve is **42,069 $M**.

Once the bonding curve is achieved, the 20% of tokens allocated to the Liquidity Pool, together with the $M collected through the bonding curve, are deposited into **EverySwap** after platform integration fees are deducted. The LP tokens are then burned.

Because the last trader in the bonding curve phase bears a high gas fee, MemeX provides that trader a payback of **7.5 $M**.

## Fees

A 2.5% transaction fee applies to both buy and sell trades on the bonding curve. The same 2.5% fee applies to graduated tokens, those whose liquidity has been completed on EverySwap, on each trade made within the MemeX service.

## List Your Own Meme Tokens on Perp-DEX

Your meme token becomes eligible for listing on a Perp-DEX once it reaches a certain requirement on MemeX. Launch your own meme coin and lift its value on the MemeMax exchange. See [MemeX → MemeMax](/memex/product/memex-mememax.md) for the full path.