# FAQ

## Fair Launch

* No presale
* No team allocation
* Maximum 1 billion supply coins
* Contract ownership renounced and immutable
* Buy and sell at any time

## Trading Coins

Coins on Meme Pools are instantly tradable, with a 1 billion supply (80% for purchase, 20% for LP). Trading locks once a coin's market cap hits $42,000, awaiting LP launch.

## Coin Launches

Meme Pools lets creators control their coin’s LP launch timing. Once a coin hits a $42K market cap, creators can set the LP launch date and time, allowing time to prepare DEX socials and announcements.

> No more coin dumping while dev was asleep

Creators receive their reward when they launch the coin from their profile page.

<figure><img src="https://1862339745-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FokibJasyw0VM86cwKgKB%2Fuploads%2F7YIf2VYv50RwXsa5gEaK%2FScreenshot%202024-10-31%20at%207.14.57%E2%80%AFPM.png?alt=media&#x26;token=abb8f99d-81fb-4362-b7a5-a72cc73b3c64" alt=""><figcaption></figcaption></figure>

## Reward Tiers

There are three reward tiers for launching a coin:

* Bronze: $500
* Silver: $1,000 (1+ frog)
* Gold: $1,500 (5+ frogs)

Meme Pools, created by [Frogs](https://magiceden.us/collections/ethereum/0x7ad05c1b87e93be306a9eadf80ea60d7648f1b6f), offers silver and gold rewards exclusively for frog owners.

## Fees

Meme Pools charges a 1% fee on buy and sell orders, which is charged as a taker fee in ETH.

## Slippage <a href="#slippage" id="slippage"></a>

The difference between a trade's expected and actual price during high volatility. The default is set at 15%; you can change it anytime. You’re always prompted to sign the transactions, and the correct amounts are simulated in your wallet.

## How is Market Cap calculated? <a href="#how-do-you-calculate-market-cap" id="how-do-you-calculate-market-cap"></a>

1 billion total supply multiplied by the coin price.

## Does Meme Pools have a token?

No, Meme Pools does not have a token.\
Any tokens impersonating Meme Pools is a scam.