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MemeCore, the innovative L1 blockchain platform designed specifically for meme coins, is thrilled to announce the launch of its Pre-staking service. This exciting new feature will be available on October 22, 2024, offering users a unique opportunity to experience staking on the MemeCore testnet before the official staking service goes live.
About Pre-staking
The Pre-staking is designed to give users a firsthand experience of MemeCore's staking service. During this period, participants can stake a variety of tokens across different networks, including Ethereum (ETH), Binance Smart Chain (BSC), Base, and Solana (SOL). The tokens available for staking include popular options such as USDT, SHIB, DOGE, and many more, with the list continuously updated to include the latest trending meme coins.
Participants in the Pre-staking program will earn M points as rewards, which can be converted into $M tokens after the pre-staking period concludes. This initiative is open to all, with no minimum or maximum caps on staking amounts, making it accessible to both novice and experienced crypto enthusiasts.
Staking Guidance
To participate in the Pre-staking program, users need to follow these simple steps:
- Access the "Mine to Earn" link (to be updated on the MemeCore website).
- Connect their wallet and sign the message.
- Select the mainnet where they wish to stake their tokens.
- Click “unstake” to claim their points and staked assets.
This straightforward process ensures that users can easily engage with the platform and start earning rewards.
$1M Prize Pool Event
In conjunction with the Pre-staking launch, MemeCore is hosting a $1M Prize Pool Event to further incentivize participation. This event is designed to reward users who engage with the Pre-staking service, with the prize pool increasing as more users participate. The maximum prize pool is set at $M tokens equivalent to 1 million USDT.
How to Participate
Participation in the $1M Prize Pool Event is automatic for all users who stake any type of token on the MemeCore testnet. The total prize pool will grow proportionally with the number of staking users, creating a dynamic and engaging environment that encourages widespread participation.
The event runs concurrently with the Pre-staking period, from October 22, 2024, to January 1, 2025, providing ample time for users to join and maximize their potential rewards.
A Word from Finn, Co-founder of MemeCore
Finn, the co-founder of MemeCore, shared his enthusiasm for the Pre-staking launch:
"At MemeCore, we're not just building a blockchain; we're creating a vibrant ecosystem where meme coin communities can thrive. Our Pre-staking service is a testament to our commitment to innovation and inclusivity. We believe in the power of memes to bring people together, and with this launch, we're taking a significant step towards a decentralized future that celebrates creativity and community spirit. Join us on this exciting journey and be part of something truly groundbreaking."
Finn would like to invite all meme coin enthusiasts to participate in this Pre-staking event.
“Join us as we pave the way for a new era of meme coin innovation and community engagement.”
About MemeCore
MemeCore is an EVM-based Layer 1 multi-chain cross-staking blockchain, secured by the unique Proof of Meme (PoM) consensus mechanism. Specifically designed for meme coins,
MemeCore aims to create a dynamic playground for meme communities within the blockchain ecosystem.
Its mission is to foster a "memeable" space that encourages creativity, inclusiveness, and innovation, benefiting the meme coin community through our distinctive PoM consensus. MemeCore is dedicated to promoting a decentralized future, ensuring security, and providing engaging services that resonate with meme coin enthusiasts worldwide.
For more information about MemeCore and its initiatives, please visit our website at https://memecore.org.
Contact Info:
Name: Josh Kwon, Marketing Specialist
Email: Send Email
Organization: MemeCore Foundation
Website: https://memecore.org
Release ID: 89144171
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