DOC-002 — MemeRock Asset ManagementPre-launch

The $MROCK token

Launch venue, supply, fee source and pairing asset for $MROCK.

Summary

ParameterValue
Ticker$MROCK
ChainRobinhood Chain (Chain ID 4663)
Launch venuePons v2
SupplyFixed at deployment
Transfer taxNone in the contract
Fee sourceLaunchpad creator fees on trading volume, paid in ETH
Pairing assetETH
StatusPre-launch

Launch venue

$MROCK is launched on Pons v2, the launchpad of Robinhood Chain. Pons tokens follow a standard contract: fixed supply, no privileged mint, no transfer taxes, and a bonding-curve-to-pool lifecycle that is the same for every token on the platform. We did not write a custom token contract and do not intend to. The interesting machinery lives downstream of the token, in the treasury.

Supply

Supply is fixed at deployment. There is no inflation schedule, no team unlock and no vesting cliff, because there is no team allocation to vest. The Index Treasury’s $MROCK buyback share (see Index Treasury & Epochs) reduces circulating supply over time; those tokens are held by the treasury, not burned.

Where the fees come from

Pons v2 pays creator fees to the token’s designated fee recipient as a function of trading volume. For $MROCK, the fee recipient is the Index Treasury. Every trade — buy or sell, on the curve or in the pool — routes its creator fee there.

This is the whole funding model. There is no transfer tax in the contract, no separate “treasury tax” and no mechanism by which holders are charged anything beyond what the launchpad charges every token. The index accumulates because $MROCK is traded, and for no other reason.

ImplicationThe rate at which the basket grows is a direct function of $MROCK volume. A quiet month is a slow month for the NAV. This is stated here because it is obvious and people forget it anyway.

Pairing asset

The launch pool pairing asset is ETH, the native gas asset of Robinhood Chain.

Consequences follow directly. Creator fees are paid to the Index Treasury in ETH. Epoch purchases of the MEME500 basket, Momentum Sleeve deployments and the $MROCK buyback are all executed from ETH. NAV and the backing ratio are denominated in ETH. There is no intermediate conversion step and no stablecoin leg.

If launch conditions change, the documentation is updated first.

What holding $MROCK entitles you to

Exposure to the trading price of $MROCK, which the market sets. Nothing else. In particular, holding $MROCK is not a redeemable claim on the basket held by the treasury. Phase II staking, if deployed, is the only mechanism by which basket assets are distributed, and it is not live.