More About MeongToken

Meong Token
4 min readJun 1, 2021

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https://meong.io/

Meong Token is a meme coin that take different approach from another meme coin. We don’t only create a common meme token, we create a social meme token that is intended to contribute in social and art movement.

The token is called $MEONG. We use Binance Smart Chain (BSC20) as our core blockchain. As a token that is created in Decentralized Finance (DeFi) era, we also prepare to build some features to provide our users a better way where they can do financial transaction independently.

Those features are Meong Swap, Meong Wallet, Meong Farming, Meong Earning, Meong Care and Art. If we can simplify our vision in short words, we have three words that become our mainly vision, namely: Social, Art, and Wealth.

Our Ecosystem:

1. Meong Swap

Swap

Meong Swap is a decentralized finance protocol that is used to exchange cryptocurrencies. Meong Swap is also the name of the company that initially built the Meong Swap protocol. The protocol facilitates automated transactions between cryptocurrency tokens on the Binance Smart Chain through the use of smart contracts.

2. Meong Wallet

Wallet

A program which stores the public and/or private keys for Meong Token transactions. Users can use this wallet to save their $Meong. They can send or receive $Meong from this wallet. A public key allows others to make payments to the address derived from it, whereas a private key enables the spending of cryptocurrency from that address. The cryptocurrency is decentrally stored and maintained in a publicly available distributed ledger in BSC.

3. Meong Farming

Farming

Meong farming is a feature of staking or lending crypto assets in order to generate high returns or rewards in the form of additional cryptocurrency.The goal is to maximize a rate of return on capital by leveraging different DeFi protocols. A yield farmer will look for the highest yield by moving between several strategies. When a strategy stops working, the yield farmers will move their funds between protocols or swap coins to those that can generate more yield. A yield farming strategy aims to generate a high yield on capital. The steps will involve lending, borrowing, supplying capital to liquidity pools, or staking LP tokens.

4. Meong Earning

Earning

A manifestation of Meong Farming Activity. Holders can earn and gain profits from this feature.

5. Meong Care

Care

Meong Care is a social program from Meong Token that focuses on the movement to care for the preservation of wildlife, especially feral cats. We will collaborate with local, national and international communities in the Southeast Asia region who are concerned about the sustainability of wild animals, especially feral cats. We are going to build some donation or charity programs to build better natural ecosystem in the world.

6. Meong Art

Art

In the Meong Art program, we invite artists to participate in the 2.0 art movement which is manifested through NFT-based artwork. The art form can be designs, illustrations, movies, etc. Part of the fundraising from NFT sales will be distributed to artists, social foundations and project development. We are aware that now is the right time to improve the welfare of the artists.

Token Details

tokenomics

Meet The Team

Our RoadMap

project roadmap

Meong Token is not only a meme coin or meme token. It was built to give a social impact for environment. The growth of the project doesn’t only depend on the developer, but also depends on the community.

We are proposing a new way to build wealth yet concerned about social and environment.

thank you

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Meong Token
Meong Token

Written by Meong Token

MeongToken — the next big meme token (exclusively run by the community)

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