Memewars

Starting on the 6th of July, Infinex is rolling out support for fourteen new memecoins over seven days and kicking off Meme Wars!

Jul 6, 2024

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2 mins read

TL;DR

  • Infinex is adding support for fourteen memecoins, which can be deposited and staked to earn Crates (See the Craterun page for campaign details).
  • From 6th of July we're running Meme Wars – seven days of head-to-head battles in which memecoin communities compete to out-deposit the other, and earn a boost. See battle schedule below.
  • How do you get started?
    • Login or create your Infinex account.
    • Deposit your memecoins when it is your battle day.
    • If your memecoin wins the battle, you'll automatically get a 100% boost on the value of your deposit and earn crates faster.

Introduction

While BTC has ripped to new ATHs and we have finally seen the introduction of spot ETFs. The wild rise of memecoins over the last year has captivated the attention of CT. Platforms like pump.fun are seeing extraordinary activity, with 15,000 new memecoins being created daily.

Infinex has embraced memecoins with the launch of Memeglobal and is continuing this trend with MemeWars – a seven day, head-to-head battle schedule enabling users to participate in Craterun with even more volatility.

What is Meme Wars?

Starting on the 6th of July, Infinex is rolling out support for fourteen new memecoins over seven days. Meme Wars is a community battleground where each memecoin will compete head-to-head for the highest deposit value each day.

Given that memecoin communities are some of the most active in the crypto space, this competition is an exciting opportunity for Infinex to connect with these users. The goal is to harness the degeneracy of these communities, determine which is the strongest through coordinated action, and reward the winning community with a boost for the Craterun campaign (XIP-34).

How does it work?

Each Meme Wars battle lasts 24 hours and the memecoin with the most Total Value Locked (TVL) at the end of 24h “wins” the war.

Depositors of the winning memecoin will receive a 100% TVL boost during Craterun, allowing the winners to earn crates faster.

The 100% boost will be applied to users who deposited the winning memecoin during the 24 hour window, and will last until the end of Craterun. Deposits of the winning memecoin outside of this 24 hour window will not be eligible for the 100% boost. Withdrawals will result is a loss of boosts, subject to the four hour amnesty period.

Battle schedule

Memewars day battles

Ecosystem Prizes

We've partnered with memecoin projects to allow users to win memecoins in Crates. Memecoins make up 8/69 ecosystem prizes and are as follows:

CoinPrizeQTY
Bonk450,000,000 BONK1
dogwifhat4444 WIF1
cat in a dogs world2,600,000 MEW1
Mog Coin7,000,000,000 MOG1
mfercoin500,000 MFER1
Moutai500,000 MOUTAI1
Mother Iggy150,000 MOTHER1
Popcat15,000 POPCAT1

Any Questions?

May the best memecoins win, join the Infinex Discord with any questions or concerns.