FAQ
General Questions
What is MemeTrade?
MemeTrade is a decentralized platform for creating, trading, and investing in meme tokens. Built on Base, it allows anyone to launch their own meme token with custom economics and viral mechanics, while providing sustainable liquidity mining rewards.
Is MemeTrade safe to use?
Yes, MemeTrade prioritizes security:
Smart contracts are audited by top firms (Trail of Bits, Consensys Diligence)
Built on Base, a secure Layer 2 solution by Coinbase
Open source code available on GitHub
Active bug bounty program up to $50,000
What blockchains does MemeTrade support?
Currently, MemeTrade operates on:
Base Mainnet (primary network)
Base Sepolia (testnet for development)
We may expand to other networks based on community demand.
How much does it cost to use MemeTrade?
Token Creation: Gas fees only (~$1-5 on Base)
Trading: 0.3% platform fee + gas fees
Liquidity Mining: Gas fees only
Portfolio Tracking: Free
Token Creation
How do I create a token?
Connect your Web3 wallet to MemeTrade
Navigate to the "Create" page
Fill in token details (name, symbol, description, image)
Configure token economics and viral mechanics
Review settings and deploy
Pay gas fees to deploy your token
See our detailed guide for step-by-step instructions.
What information do I need to create a token?
Required:
Token name and symbol
Total supply
Initial price in ETH
Token description
Token image/logo
Optional:
Creator fee percentage (0-5%)
Viral mechanics (holder rewards, burn mechanisms)
Community event triggers
Can I modify my token after creation?
Most token parameters are immutable after deployment for security and trust. However, creators can:
Update token description and metadata
Adjust viral mechanics (if enabled)
Modify creator fee within limits
Add liquidity to pools
Why isn't my token showing up?
Common reasons:
Transaction still pending (wait 1-2 minutes)
Insufficient gas fees (increase gas and retry)
Network congestion (try again later)
Browser cache (refresh page or clear cache)
Check your wallet's transaction history to see if deployment succeeded.
Trading
How do I buy tokens?
Go to a token's page
Connect your wallet
Enter the amount of ETH you want to spend
Review the quote (tokens you'll receive)
Click "Buy" and confirm the transaction
Tokens will appear in your wallet
How do I sell tokens?
Go to the token's page
Switch to "Sell" tab
Enter the amount of tokens to sell
Review the quote (ETH you'll receive)
Click "Sell" and confirm the transaction
ETH will appear in your wallet
Why are my trades failing?
Common issues:
Insufficient gas: Increase gas fees
Slippage too low: Increase slippage tolerance to 1-3%
Low liquidity: Large trades may fail in low-liquidity pools
Network congestion: Try again during lower usage
What is slippage?
Slippage is the difference between expected and actual trade prices. On MemeTrade:
0.5%: Good for stable, high-liquidity tokens
1-2%: Standard for most trades
3-5%: May be needed for volatile or low-liquidity tokens
Liquidity Mining
How does liquidity mining work?
Provide equal amounts of ETH and tokens to a pool
Receive LP (Liquidity Provider) tokens representing your share
Earn rewards based on:
Trading fees from the pool
Platform liquidity mining rewards
Token-specific creator incentives
How do I add liquidity?
Go to a token's page
Click "Add Liquidity"
Enter amounts of ETH and tokens (ratio is automatic)
Confirm the transaction
Start earning rewards immediately
When can I remove liquidity?
You can remove liquidity anytime by:
Going to your portfolio
Finding the liquidity position
Clicking "Remove Liquidity"
Choosing percentage to remove (25%, 50%, 75%, 100%)
Confirming the transaction
What are impermanent losses?
Impermanent loss occurs when token prices change relative to when you provided liquidity. The loss is "impermanent" because it disappears if prices return to original levels. Consider:
Low volatility: Minimal impermanent loss
High volatility: Higher potential losses
Rewards: Often offset impermanent losses over time
Wallet & Security
Which wallets are supported?
MetaMask (recommended)
Coinbase Wallet
WalletConnect-compatible wallets
Rainbow Wallet
Trust Wallet
How do I add Base network to MetaMask?
Open MetaMask
Click network dropdown
Select "Add Network"
Use these settings:
Network Name: Base
RPC URL: https://mainnet.base.org
Chain ID: 8453
Currency Symbol: ETH
Block Explorer: https://basescan.org
I don't see my tokens in my wallet
Check if you're on the correct network (Base)
Add the token contract address manually:
Click "Import tokens" in your wallet
Paste the token contract address
Token details should auto-populate
Refresh your wallet or browser
How do I protect my wallet?
Never share your seed phrase or private keys
Use hardware wallets for large amounts
Verify contract addresses before interacting
Be cautious of phishing sites
Keep your wallet software updated
Technical Issues
The website won't load
Check your internet connection
Try refreshing the page (Ctrl+F5 or Cmd+Shift+R)
Clear browser cache and cookies
Try an incognito/private window
Check status.memetrade.com for outages
Transactions are taking forever
Base network congestion can cause delays:
Normal: 1-5 minutes
Congested: 10-30 minutes
Heavily congested: 1+ hours
You can speed up transactions by increasing gas fees in your wallet.
I sent tokens to the wrong address
Blockchain transactions are irreversible. If you:
Sent to a wrong wallet address: Tokens are lost unless you control that address
Sent to a contract address: May be permanently locked
Made a typo: Double-check the address next time
Always verify addresses before sending transactions.
Platform Features
What are creator fees?
Creator fees are a percentage of each trade that goes to the token creator:
Set during token creation (0-5%)
Incentivizes token creation and promotion
Paid automatically with each trade
Can be claimed by creators anytime
How do viral mechanics work?
Viral mechanics are special features that can be enabled:
Holder Rewards: Distribute tokens to existing holders
Burn Mechanism: Reduce supply over time
Community Events: Special mechanics triggered by milestones
These create engaging tokenomics and encourage community participation.
What is governance?
MemeTrade governance allows the community to:
Vote on platform upgrades
Propose new features
Adjust platform parameters
Allocate development funds
Governance power is distributed to token holders and liquidity providers.
Getting Help
How do I contact support?
Email: [email protected]
Discord: Join our community server
Twitter: @MemeTrade
GitHub: Report technical issues
Where can I learn more?
User Guide - Step-by-step tutorials
Developer Docs - Technical documentation
API Reference - Build with our API
Discord - Ask the community
Blog - Latest updates and guides
How do I report bugs or suggest features?
Check if it's already reported on GitHub
Join our Discord #feedback channel
Email technical details to [email protected]
For security issues, email [email protected]
Didn't find your answer? Join our Discord community or email [email protected]
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