MEME is a cryptocurrency and blockchain project that combines elements of decentralized finance (DeFi) with digital art and collectibles. A closer look on MEME token brought by Coinidol.com.
Art and collectibles
MEME is centered around digital art and collectibles. It allows artists to create and tokenize their artwork as non-fungible tokens (NFTs) on the Ethereum blockchain. These NFTs can represent unique or limited-edition pieces of art.
While MEME’s primary focus is on digital art and collectibles, it also incorporates DeFi elements. For example, the platform includes yield farming and staking mechanisms that allow users to earn rewards in MEME tokens by providing liquidity or staking their assets.
MemeFarm
MemeFarm is a key feature of the MEME platform, where users can stake their MEME tokens to earn rewards. This DeFi component allows users to participate in yield farming and liquidity provision.
MEME token
The native cryptocurrency of the MEME platform is the MEME token. It is used within the ecosystem for various purposes, including governance, staking, and participating in DeFi activities.
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Source: https://coinidol.com/meme-token/