> For the complete documentation index, see [llms.txt](https://solmemebot.gitbook.io/mebo/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://solmemebot.gitbook.io/mebo/tokenomics.md).

# Tokenomics

$MEBO token is backed by the revenue generated by [MemeBot](/mebo/whats-memebot.md), a trading bot designed to compete in the $150 million daily volume Telegram market. Our short to mid term goal is to capture a 20% market share, \~$90k daily fees shared across $MEBO holders.

We believe that to win in this fiercely competitive market, superior technology alone is insufficient. It is crucial to **reward our users** generously, which is the primary purpose of $MEBO. 

### **Revenue Share to $MEBO**

Rather than opting for the traditional "buyback and burn" approach which involves repurchasing and subsequently destroying tokens, we have consciously decided to give up control and redirect the revenue generated by the bot directly to token holders. We believe that burning does not give value directly to token holders, whereas for $MEBO, revenue goes directly to early supporters and users.

### **Revenue distribution:**

* After referral fees ([Refer & Earn](/mebo/why-use-memebot/refer-and-earn.md)), 80% of all the revenue made goes to $MEBO token holders and 20% goes to further development
* To qualify for rev share holders must stake $MEBO and $SOL rewards will be directly distributed in proportion to their percentage ownership of the current float.

The success of $MEBO and MemeBot lies in its ability to engage and align with a community of supporters who share its vision. $MEBO aims to provide ownership to like-minded individuals in a product they genuinely enjoy using. Through this approach, it strives to capture a substantial market share in the Telegram Trading Bot niche.


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