The Basic Meme Chain network does not have it's own token. The network's usage of the fully decentralized and ownerless $DOG token is essentially the same as how most other L2s adopt Ethereum as their native token.

There are two tokens associated with Basic Meme Chain:

  • Basic Dog Meme ($DOG): The gas token adopted by the network.

  • Meme-o-drome ($MiMo): The reward token for the proposed Meme-o-drome DEX.

As a tokenless protocol Basic Meme Chain has no tokenomics structure for itself.

Neither $DOG nor $MiMo are officially part of the Basic Meme Chain project and are distributed and decentralized by mechanisms outside of the network's control.

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