DOC-008 — MemeRock Asset ManagementLiving document

FAQ

Frequently asked questions, answered with the appropriate seriousness.

Is this a real asset manager?

No. That’s the joke. There is a token, a treasury and a methodology. Nobody here manages anything except expectations. See What it is not.

Is $MROCK an ETF, or an index fund?

Neither, in any regulated sense. “Index”, “ETF” and “asset management” are branding and generic descriptors. There is no fund, no regulator, no custodian, no creation-redemption mechanism and no one you can call. $MROCK is a community index token whose treasury accumulates a basket according to published rules. See Risk Disclosures.

Why should I buy the index instead of picking a winner?

Because you have been picking winners since 2021 and you know how that went.

What is in the MEME500?

At launch, materially fewer than five hundred things. The illustrative composition is on the index page. The final constituents are published at launch, selected by the methodology, and reconstituted monthly.

Where does the money come from?

Creator fees, paid in ETH. Pons v2 pays the token’s fee recipient a share of every trade’s volume. For $MROCK, the fee recipient is the Index Treasury. Every epoch, the treasury spends what it has received on the basket. No transfer tax, no team allocation, no other source. See Index Treasury & Epochs.

Can I redeem $MROCK for the basket?

No. The treasury’s holdings are visible on-chain, not redeemable. Phase II staking, when and if it is live, distributes basket tokens to stakers each epoch. That is the only planned route from treasury to holder. See Staking.

Is the NAV a price floor?

No. NAV is a description of what the treasury holds. Nothing forces the $MROCK price toward it in either direction. See Risk Disclosures.

What happens when a constituent rugs?

It is removed immediately, its holdings are written down to zero, and the treasury does not attempt to sell into the collapsed pool. The NAV falls by the full amount. The eligibility criteria make this less likely. They do not make it impossible.

What is the Momentum Sleeve?

The 10% of the treasury that behaves the way you do. The other 90% is there to compensate. It deploys rapidly into tokens showing abnormal volume acceleration, outside the epoch cadence, is hard-capped so that a failed position is a rounding error, and returns its gains to the core basket. See Index Treasury & Epochs.

Who can vote, and why is there a threshold?

Wallets holding at least a minimum balance of $MROCK, published at launch. Votes are weighted by staked balance. Governance is a product for holders. The threshold is the price of the microphone. See Staking.

Why is the buyback not burned?

Because a treasury-held token is an asset and a burned token is a photograph of one. Treasury-held $MROCK is out of circulation for as long as it is held and available for Phase II and Phase III mechanics. We prefer a balance sheet.

Who is MemeRock Asset Management?

The project. Also the name given to the index committee, the methodology and the brand. It is not a company, a fund manager, or anyone’s employer. The committee’s membership is published at launch. Its decisions and reasoning are public.

Why Robinhood Chain?

It is the chain of tokenized finance. SPY, NVDA and QQQ trade on it. A chain that carries the S&P 500 and does not carry a memecoin index is incomplete. We are completing it. See the Manifesto.

When is the app?

Q4 2026, indicatively. The app is the live dashboard: NAV, backing ratio, epoch history, the MEME500 vs S&P 500 comparison. Until then, everything on this site is static and illustrative.

Is this investment advice?

No. Nothing here is. Tokens can be volatile or lose all value, including this one.