MemeHash Docs

01

OVERVIEW

MemeHash does not hand out a fixed reward to every miner. Each hour has one fixed protocol reward. Miners compete for that reward by producing valid proof-of-work and earning mining points.

BROWSER HASHING ↓ VALID PROOFS ↓ ON-CHAIN SETTLEMENT ↓ MINING POINTS ↓ PRO-RATA EPOCH SHARE ↓ CLAIM MEMEHASH

A single miner can earn almost the whole epoch. If many miners contribute equally, they split the same epoch allocation. More miners do not increase total issuance.

02

SUPPLY + EMISSION

MAX SUPPLY1,000,000,000 MH

MINING500,000,000 MH

PROTOCOL RESERVE500,000,000 MH

DAILY EMISSION100,000 MH

The mining schedule is flat: 100,000 MH per day, split over 24 one-hour epochs. There is no yearly halving. The schedule ends once the 500M mining allocation has been scheduled.

NO INFLATION FROM ACTIVITY. More miners change who receives the reward, not how much MEMEHASH the protocol schedules.

03

BROWSER PROOF-OF-WORK

The miner runs on the user's device. It searches nonces locally and only submits qualifying work for on-chain settlement. A proof is bound to the epoch, miner address and nonce lane, so copying another miner's nonce does not normally produce a valid proof for a different wallet.

INITIAL DIFFICULTY34 BIT

MIN DIFFICULTY34 BIT

TARGET10,000 PROOFS / H

EPOCH1 HOUR

Settlement difficulty can react to proof volume, but the economic emission stays fixed. Mining costs normal transaction gas when proofs are settled; there is no ETH mining subscription.

04

PRO-RATA EPOCH REWARDS

Every completed epoch records the total mining points and each miner's points. A miner's claimable MEMEHASH is their fraction of the fixed epoch allocation.

MINER REWARD = EPOCH REWARD × (MINER POINTS ÷ TOTAL EPOCH POINTS)

1 equal miner → almost 100,000 MH/day 100 equal miners → ~1,000 MH/day each 10,000 equal miners → ~10 MH/day each TOTAL → still 100,000 MH/day

Unclaimed or expired epoch allocation is not recycled on top of future epochs. Future epochs keep their flat scheduled reward.

05

CLAIMING MEMEHASH

Mining earns an allocation; claiming converts that allocation into liquid MEMEHASH. A claim pays ETH based on the protocol reference price.

6.9%CLAIM ETH → TEAM

93.1%CLAIM ETH → PROTOCOL LIQUIDITY

The 93.1% liquidity share is tracked separately from random ETH transfers to the vault. Protocol reserve MEMEHASH supplies the matching token side for claim-funded liquidity.

06

DYNAMIC CLAIM PRICE

Claims are sold at 85% of the protected reference price.

CLAIM PRICE = 85% × REFERENCE PRICE

BEFORE THE MARKET IS READY

NO LP / TWAP WARMING → reference = genesis floor → claim = 85% × genesis floor

AFTER ORACLE WARM-UP

reference = MAX( genesis floor, spot, fast TWAP, long TWAP ) claim = 85% × reference

If MEMEHASH becomes more expensive in the market, claiming becomes more expensive automatically. The genesis floor prevents a manipulated low market price from lowering claims below the original floor.

07

ZERO-TEAM-ETH LIQUIDITY BOOTSTRAP

The team does not seed the initial MEMEHASH/WETH LP with its own ETH.

DEPLOY → initialize V3 pool at genesis price → 0 ETH deposited → 0 MH deposited → no LP position USERS MINE + CLAIM → claim ETH accumulates → protocol reserve provides matching MH FIRST DISPERSE → creates first real protocol-owned V3 LP

USER-BOOTSTRAPPED LIQUIDITY. The first real LP must come from claim activity. RIG royalties and trading-fee recycling cannot replace the initial claim-funded bootstrap.

08

PROTOCOL-OWNED V3 FEES

The liquidity vault owns the protocol's Uniswap V3 position NFTs. Trading can generate MEMEHASH and WETH fees.

TRADING → V3 POSITION EARNS MH + WETH → permissionless fee collection → WETH unwraps to ETH → fee budgets remain protocol-owned → matched inventory is reinvested → larger protocol-owned liquidity

Claim funds, fee funds and other vault balances use separate accounting so one source cannot silently consume another source's budget.

09

RIG NFT

A RIG is an on-chain ERC-721 companion to actual mining activity. It does not boost emission, difficulty, points or claim allocation.

STAGE 0OLD RIGMint: 2,500 MH

STAGE 1TURBO100 XP + 5,000 MH

STAGE 2NEON500 XP + 15,000 MH

STAGE 3QUANTUM2,000 XP + 40,000 MH

STAGE 4HASH REACTOR10,000 XP + 100,000 MH

Completed epoch mining points can be synced once as RIG XP. Rare real proofs can also be re-verified and recorded as cosmetic milestones: Share, Proof, Turbo, Overclock, Reactor, Singularity, Jackpot and Mythic.

ONE ACTIVE RIG PER WALLET. The RIG and its accumulated XP/proof history move with the NFT when it is transferred.

10

RIG CREATOR EARNINGS

RIGs implement ERC-2981. The creator-earnings rate is fixed at 6.9% of the secondary sale price and the ERC-2981 receiver is the current MemeHash team treasury.

RIG SECONDARY SALE → 6.9% CREATOR EARNINGS → TEAM WALLET

The RIG contract also implements OpenSea's Creator Token transfer-validator interface. MemeHash deployment presets the OpenSea-linked StrictAuthorizedTransferSecurityRegistry address:

0xA000027A9B2802E1ddf7000061001e5c005A0000

Marketplace enforcement depends on the validator being deployed/supported on the target chain and the collection's creator-earnings policy being configured correctly in OpenSea.

11

CONTRACTS

This page reads the same generated frontend config as the miner. Addresses below update when deployment config is exported.

MEMEHASH TOKENNOT DEPLOYED

MININGNOT DEPLOYED

LIQUIDITY VAULTNOT DEPLOYED

ORACLENOT DEPLOYED

V3 POOLNOT DEPLOYED

RIG NFTNOT DEPLOYED

12

FAQ

DOES THE TEAM NEED TO PROVIDE ETH FOR THE FIRST LP?

No. The pool starts empty. User claim ETH supplies the ETH side of the first real LP and protocol-reserve MEMEHASH supplies the matching token side. The team only needs normal deployment/transaction gas.

DO MORE MINERS CREATE MORE MEMEHASH?

No. The protocol schedules 100,000 MH/day. More mining competition only changes the pro-rata distribution.

WHY DOES CLAIMING COST ETH?

The ETH payment connects mined allocation to protocol-owned liquidity. 6.9% goes to the team and 93.1% becomes the claim-liquidity budget.

CAN THE CLAIM PRICE GO DOWN BELOW GENESIS?

The reference uses the genesis floor as a minimum. After oracle warm-up it takes the maximum of genesis, spot, fast TWAP and long TWAP before applying the 85% claim factor.

DO RIGS INCREASE MINING REWARDS?

No. RIG progression is a separate game layer driven by real mining XP and MEMEHASH spending. It never boosts protocol mining points or emission.

WHERE DO RIG ROYALTIES GO?

ERC-2981 quotes fixed 6.9% creator earnings directly to the current team treasury.

IS EVERYTHING ON-CHAIN?

The token/mining/claim logic is on-chain. RIG metadata and SVG rendering are also produced on-chain. Browser hashing happens locally on the user's device before qualifying proofs are settled on-chain.

MINE IN YOUR BROWSER.SETTLE ON-CHAIN.