$ME tokenomics presents unique opportunities for Magic Eden users, including rewards, staking, and governance.
What Is $ME?
$ME is an SPL token operational on multiple blockchains like Solana, Bitcoin, and EVM. It allows users to trade and earn through NFT and token trading, offering integration across various ecosystems.
How Does It Work?
A total of 1 billion $ME tokens will be issued over four years, with a major portion allocated to community development. The breakdown is as follows:
* **Initial Claim (12.5%)**: During the Token Generation Event, users can claim $ME via Magic Eden's mobile app. * **Community & Ecosystem (37.7%)**: Funds are earmarked for rewarding active participants and developing the $ME ecosystem. * **Contributors (26.2%)** and **Strategic Participants (23.6%)** will receive their tokens with a set lock-up to emphasize long-term commitment.
What’s Next?
Magic Eden's team will continue to provide information after the Token Generation Event. $ME is backed by a strong rewards system, encouraging active engagement from its users.
$ME token offers numerous opportunities for blockchain users, enhancing their activity and governance participation.
