To ensure a balanced and stable market environment for MemoToken ($MMT), we have implemented a strategic liquidity management plan that aligns with our commitment to transparency and long-term sustainability. MemoTrader's mechanisms are designed to prevent market manipulation by third parties (whales, bots, etc.), not to control price direction.
At launch, the total supply of 1,000,000,000 MMT tokens will be allocated as follows:
• Treasury Wallet (MMT): 1,000,000 MMT (0.1%)
• Purpose: Allocated for operational expenses, platform development, and ecosystem growth initiatives. This wallet will also receive MemoTokens from users converting them into MemoCredits within the MemoTrader platform.
• Reserve Wallet (MMT): 997,900,000 MMT (99.79%)
• Purpose: Dedicated to support liquidity, maintain market balance and prevent market disruptions, ensuring fair participation for all users without dictating price movements.
• Initial Circulating Supply: 100,000 MMT (0.01%)
• Purpose: To facilitate initial trading and price discovery, 100,000 MMT tokens will be paired with 1,000 USDC in a decentralized exchange liquidity pool, establishing an initial price of $0.01 per MMT.
• Founder's Fund: 100,000,000 MMT (0.1%)
• Purpose: To compensate the founder for time and resources devoted to this project. This is a fund that will be used entirely at the discretion of the founder, consistent with the principles and practices governing MemoToken.
• Treasury Wallet (USDC): 1,000 USDC
• Purpose: This wallet will be initially funded by the founder and will be used to fund the MemoToken liquidity pool. USDC from the sale of MMT will go into this wallet and used for strategic and operational expenses as well as to support MemoToken liquidity in conjunction with the Reserve wallet.
This allocation strategy is designed to provide sufficient liquidity for early participants while maintaining substantial reserves to support the token's value and the platform’s ongoing development.
The initial liquidity pool, comprising 100,000 MMT and 1,000 USDC, serves as the foundation for MemoToken’s market presence. By establishing this pool, we aim to:
• Facilitate Seamless Trading: Enable users to easily trade MMT tokens with minimal slippage.
• Promote Price Stability: Provide a mechanism for natural price discovery while mitigating excessive volatility.
As the platform grows, we plan to adjust liquidity provisions to align with market demand and ensure ongoing stability.
The Reserve Wallet is dedicated to supporting liquidity and promoting orderly market conditions through predefined, transparent protocols that respond to market liquidity needs, without enforcing specific price targets. Our approach includes:
• Controlled Token Releases: Gradually introducing additional MMT tokens into the market to meet demand without causing inflationary pressures.
• Market Monitoring: Continuously assessing market conditions to inform release schedules and quantities, ensuring actions are data-driven.
• Community Transparency: Regularly updating stakeholders on reserve management activities to maintain trust and openness.
By adhering to this strategy, we aim to uphold the value of MMT tokens and support the long-term viability of the MemoTrader ecosystem.
This structured approach to liquidity and reserve management underscores our commitment to creating a stable and sustainable economic environment for all participants.