{"signature": "0xc6fea0af3482176f20fd5fadd77193f15ad4d127cb9ff56a95df236650a4c4d27846fc495feff15a3505c8919e259382ef41cdeaf3eeaa00dedfaf97d687741701", "application": {"round": "0x3e93205b786796cf7ea70404e89c7dda3b84d07a", "answers": [{"type": "email", "answer": "publictokenworld@outlook.com", "hidden": true, "question": "Email Address", "questionId": 0}, {"type": "short-answer", "answer": "@ken_dale", "hidden": true, "question": "Telegram Handle We Can Use To Contact You", "questionId": 1}, {"type": "short-answer", "answer": "https://github.com/degengate/contract", "hidden": false, "question": "Project GitHub Repo", "questionId": 2}, {"type": "link", "answer": "https://t.me/xmemefun", "hidden": false, "question": "Link to your Public Group Chat", "questionId": 3}, {"type": "paragraph", "hidden": false, "question": "Have you participated in a previous Gitcoin Grants Round? If so, please name the rounds or link the builder profile associated with previous rounds.", "questionId": 4}, {"type": "paragraph", "answer": "X-Meme significantly contributes to the OSS ecosystem by providing a decentralized and transparent financial infrastructure tailored for social value quantification and memecoin markets, binding memecoins directly to decentralized IDs (𝕏 IDs). X-Meme is fully open-source,  its contracts are publicly verified and accessible on GitHub, allowing developers and communities to freely audit, fork, or build upon the project.\n\nSpecifically, X-Meme contributes to the OSS ecosystem by:\n\n1. Open-Source Contract Infrastructure: All X-Meme smart contracts are fully open-source and accessible on GitHub, promoting transparency and trust. Developers can freely leverage this infrastructure to build new decentralized financial applications or enhance existing ones, fostering innovation and collaboration.\n\n2. Public API and Developer Tools: X-Meme offers a public subgraph via The Graph Protocol, providing developers easy access to indexed blockchain data for creating custom analytics tools, trading bots, or decentralized applications. This substantially lowers the entry barrier for developers aiming to participate in and expand the OSS ecosystem.\n\n3. Innovative Risk-Free Leverage Mechanism: X-Meme introduces a unique, contract-level risk-free multiply mechanism, enabling efficient capital utilization (up to 50× leverage) without liquidation risk. This novel mechanism can serve as a valuable reference model for other OSS DeFi projects, stimulating further research and innovation in decentralized financial engineering.\n\n4. Social Value Quantification: By linking memecoins directly with decentralized social identities (𝕏 IDs), X-Meme opens up new possibilities for quantifying social influence and contributions, benefiting content creators, influencers, and open-source contributors by enabling sustainable and fair economic rewards.\n\nThrough these mechanisms, X-Meme not only expands the financial opportunities within the OSS community but also inspires innovation and supports the sustainable growth of the decentralized application ecosystem.", "hidden": false, "question": "How does your project contribute to the growth of the OSS ecosystem? Please provide specific examples of how your application enhances or expands the current ecosystem.", "questionId": 5}, {"type": "paragraph", "answer": "X-Meme provides several unique features and practical use cases:\n\n1. One 𝕏 ID = One Memecoin: Each decentralized social ID (𝕏 ID) generates a unique memecoin, directly linking a user's social identity to their economic value.\n\n2. Risk-Free Leverage: Allows users to access up to 50× leverage without liquidation risk through a novel, secure collateral mechanism, dramatically enhancing capital efficiency.\n\n3. Automatic Revenue Distribution: Implements a sustainable fee distribution model, with 1% of all transaction fees automatically distributed to 𝕏 ID holders, ensuring continuous passive income.\n\n4. Bonding Curve Pricing: Utilizes an innovative bonding curve pricing model, ensuring price discovery and liquidity without requiring external market makers.\n\nDifferentiation:\n\n1. Social ID Binding: Unlike typical memecoin platforms, X-Meme uniquely binds economic value to social identities, quantifying social influence directly into monetary value.\n\n2. No Presale or Team Allocation: Emphasizes fairness by having no token presale or dedicated team token allocation, avoiding centralized token distribution issues.\n\n3. Risk-Free Collateral: Unique risk-free collateral mechanism distinguishes X-Meme from traditional leverage-based platforms, eliminating liquidation risks inherent in other DeFi systems.\n\n4. Decentralized and Transparent: Fully open-source infrastructure ensures transparency, decentralization, and community trust, setting it apart from centralized or semi-centralized competitors.", "hidden": false, "question": "What features or use cases does your dApp/App present? How is it differentiated?", "questionId": 6}, {"type": "paragraph", "answer": "X-Meme plans to focus on several key development areas:\n\n1. Enhanced Developer Ecosystem: Expand developer resources and documentation, offering workshops and tutorials to facilitate the creation of decentralized applications on top of X-Meme.\n\n2. Scalability and Optimization: Improve the current infrastructure and contracts for higher scalability, lower gas fees, and better user experiences.\n\n3. Cross-chain Compatibility: Explore and develop cross-chain solutions, enabling X-Meme to interact seamlessly with multiple blockchain ecosystems.\n\n4. Community Growth and Education: Promote community growth through educational initiatives, marketing campaigns, and partnerships, ensuring broader adoption and community-driven development.\n\nGrant funds will specifically be utilized to achieve these goals by:\n\n1. Allocating resources towards developer relations and community education.\n\n2. Funding technical research and development for scalability enhancements and cross-chain integrations.\n\n3. Supporting marketing and strategic partnership initiatives to drive user adoption and community expansion.", "hidden": false, "question": "What are your plans for further development, and how will the grant funds be used to achieve these goals?", "questionId": 7}, {"type": "paragraph", "answer": "0x35A5feFA7c59291f1b6d84Bfd7d72f3fe86C0C4D, 8453\n0x68455230249e9cd42Cc24F46A5E6c4F91e72C540, 8453\n0x168206bdd4f1eD18BfDac1e213465b9e6a734d39, 8453\n0x76D933d44A66BfF6d2d9b9B2b72CaafBB905360a, 8453\n0x7772C52CeA47179fC770fD93503A5D73835d4c89, 8453\n0x0a11172A69F8E40bB41964C12F9927d4aB5eaa1f, 8453\n0x079DEa17a7eFac683a2E0b7F2EaC238c0f503bB4, 8453\n0xb0349D2E189B9FD302eaB6E9fDb4D728F13D5F51, 8453\n0xEE8A0d5AA4c79075c7C65C7ff12be8E8470251bf, 8453\n0x80910090AE56ED400113E6e823cB9Eaf30f40214, 8453\n0xe3fc9dfAb13987A596f247ed2C69a984F8FEe9dc, 8453\n0x2aA82323bFAB03E257759DfC20B623F5859475A6, 8453\n0xF807f8F92A135a71f6522a67885Fa58dbFB9affa, 8453\n0x5ED3D901990b7fcC5f2fF21C9e9BD085Dd65f462, 8453", "hidden": false, "question": "For any project deploying smart contracts on blockchain networks, please list all your deployer addresses and their corresponding blockchain networks. Use this format for each entry: [deployer_address], [chain_id]—for example, 0x123abc..., 42161 (This represents a deployer address on the Arbitrum network). Please include a separate line for each unique deployer address and blockchain combination.", "questionId": 8}], "project": {"id": "0x340ba50f9b0f4547e749da399f51bcbcb1a863a10080cef67ecdf7fee6f2f579", "title": "𝕏-meme", "logoImg": "bafkreigo5ru2g3vpjr5ex3xffieqjxtylx7fr5rpc55wneix6yhagrwxfm", "metaPtr": {"pointer": "bafkreidhd3ydiunjpnuv3qzqtp3ojjmrh7neaavafb73txojbnvvtoxcqy", "protocol": "undefined"}, "website": "https://x-meme.fun/", "bannerImg": "bafkreifibzmtq4lvizgfy7scthdeoczgvsdowrdi76mmnqlmkvcw4sby2m", "createdAt": 1742526699789, "userGithub": "lusturm", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"type": "EthereumEip712Signature2021", "created": "2025-03-21T03:11:29.463Z", "@context": "https://w3id.org/security/suites/eip712sig-2021/v1", "proofValue": "0xe21d127df8431508e1f4fc69399e90de4055be4c7f90500e5fed04cb561ff090049dad666a891dd09e82a6e6b785af6e01a594e28c689c4e1457361682720b101c", "eip712Domain": {"types": {"Proof": [{"name": "@context", "type": "string"}, {"name": "created", "type": "string"}, {"name": "proofPurpose", "type": "string"}, {"name": "type", "type": "string"}, {"name": "verificationMethod", "type": "string"}], "@context": [{"name": "nullifiers", "type": "NullifiersContext"}, {"name": "provider", "type": "string"}], "Document": [{"name": "@context", "type": "string[]"}, {"name": "credentialSubject", "type": "CredentialSubject"}, {"name": "expirationDate", "type": "string"}, {"name": "issuanceDate", "type": "string"}, {"name": "issuer", "type": "string"}, {"name": "proof", "type": "Proof"}, {"name": "type", "type": "string[]"}], "EIP712Domain": [{"name": "name", "type": "string"}], "CredentialSubject": [{"name": "@context", "type": "@context"}, {"name": "nullifiers", "type": "string[]"}, {"name": "id", "type": "string"}, {"name": "provider", "type": "string"}], "NullifiersContext": [{"name": "@container", "type": "string"}, {"name": "@type", "type": "string"}]}, "domain": {"name": "VerifiableCredential"}, "primaryType": "Document"}, "proofPurpose": "assertionMethod", "verificationMethod": "did:ethr:0xd6f8d6ca86aa01e551a311d670a0d1bd8577e5fb#controller"}, "issuer": "did:ethr:0xd6f8d6ca86aa01e551a311d670a0d1bd8577e5fb", "@context": ["https://www.w3.org/2018/credentials/v1", "https://w3id.org/vc/status-list/2021/v1"], "issuanceDate": "2025-03-21T03:11:29.463Z", "expirationDate": "2025-06-19T03:11:29.463Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x8C675f9f98b967d187c8626F82479A87a25fD2e0", "@context": {"provider": "https://schema.org/Text", "nullifiers": {"@type": "https://schema.org/Text", "@container": "@list"}}, "provider": "ClearTextGithubOrg#degengate#169011574", "nullifiers": ["v0.0.0:B+bj/JHa5eYRYdCnqhJgommUxBcRCxgDGkHSqGwUMM0="]}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"type": "EthereumEip712Signature2021", "created": "2025-03-21T02:22:24.583Z", "@context": "https://w3id.org/security/suites/eip712sig-2021/v1", "proofValue": "0x9d08eaec3400185a8641c314a511e633df4410fb3db348fb3f797ffe67a9eb3f734a05790f609050afff9c8eb14c5b76c329f8e8530eba6ecf76d1cb6bc455d41c", "eip712Domain": {"types": {"Proof": [{"name": "@context", "type": "string"}, {"name": "created", "type": "string"}, {"name": "proofPurpose", "type": "string"}, {"name": "type", "type": "string"}, {"name": "verificationMethod", "type": "string"}], "@context": [{"name": "nullifiers", "type": "NullifiersContext"}, {"name": "provider", "type": "string"}], "Document": [{"name": "@context", "type": "string[]"}, {"name": "credentialSubject", "type": "CredentialSubject"}, {"name": "expirationDate", "type": "string"}, {"name": "issuanceDate", "type": "string"}, {"name": "issuer", "type": "string"}, {"name": "proof", "type": "Proof"}, {"name": "type", "type": "string[]"}], "EIP712Domain": [{"name": "name", "type": "string"}], "CredentialSubject": [{"name": "@context", "type": "@context"}, {"name": "nullifiers", "type": "string[]"}, {"name": "id", "type": "string"}, {"name": "provider", "type": "string"}], "NullifiersContext": [{"name": "@container", "type": "string"}, {"name": "@type", "type": "string"}]}, "domain": {"name": "VerifiableCredential"}, "primaryType": "Document"}, "proofPurpose": "assertionMethod", "verificationMethod": "did:ethr:0xd6f8d6ca86aa01e551a311d670a0d1bd8577e5fb#controller"}, "issuer": "did:ethr:0xd6f8d6ca86aa01e551a311d670a0d1bd8577e5fb", "@context": ["https://www.w3.org/2018/credentials/v1", "https://w3id.org/vc/status-list/2021/v1"], "issuanceDate": "2025-03-21T02:22:24.583Z", "expirationDate": "2025-06-19T02:22:24.583Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x8C675f9f98b967d187c8626F82479A87a25fD2e0", "@context": {"provider": "https://schema.org/Text", "nullifiers": {"@type": "https://schema.org/Text", "@container": "@list"}}, "provider": "ClearTextTwitter#xmemefun", "nullifiers": ["v0.0.0:92k7nt00Qt6KuDzY4ntCnfpLV6YIO8FUQmOaXHhN4OY="]}}}, "description": "> One 𝕏 ID = One Memecoin\n> \n\nhttps://x-meme.fun/ \n\n### 1. What is 𝕏-meme?\n\n𝕏-meme is a memecoin platform binding to 𝕏 ID, with fairness (no presale, no team allocation), sustainability (1% trade fee to 𝕏 ID holder), and efficiency (built-in risk-free leverage up to 50×).\n\n![CleanShot 2025-01-05 at 22.54.40.png](https://public.degengate.fun/CleanShot_2025-01-05_at_22.54.40.png)\n\n### 2. Are there creation fees on 𝕏-meme?\n\nThe first buyer of each Coin must pay an additional 0.01 ETH creation fee.\n\n### 3. How to trade on 𝕏-meme?\n\n- Step 1: Input 𝕏 username (coin auto-created).\n\n![CleanShot 2025-01-05 at 22.15.22.png](https://public.degengate.fun/CleanShot_2025-01-05_at_22.15.22.png)\n\n- Step 2: Multiply Buy or Buy on Website.\n\n![CleanShot 2025-01-05 at 22.16.43.png](https://public.degengate.fun/CleanShot_2025-01-05_at_22.16.43.png)\n\n![CleanShot 2025-01-05 at 22.17.13.png](https://public.degengate.fun/CleanShot_2025-01-05_at_22.17.13.png)\n\n- Step 3: Sell anytime to lock in profits or losses.\n\n![CleanShot 2025-01-05 at 22.20.12.png](https://public.degengate.fun/CleanShot_2025-01-05_at_22.20.12.png)\n\n![CleanShot 2025-01-05 at 22.22.15.png](https://public.degengate.fun/CleanShot_2025-01-05_at_22.22.15.png)\n\n### 4. What is the pricing curve on 𝕏-meme?\n\n𝕏-meme uses a Bonding Curve Token trading curve, with a constant product curve formula of  K = x *y.\n\nEach 𝕏 Meme Coin has a total supply of 1,000,000 tokens. Price range: [0.0001 ETH, ∞).\n\nPrice formula (The unit of x is Coin)\n\n![tec1](https://public.degengate.fun/QianJianTec1742525212631.png)\n\n![2025-01-05 15.39.33.jpg](https://public.degengate.fun/2025-01-05_15.39.33.jpg)\n\n![markdown-image-615143](https://public.degengate.fun/markdown-image-615143.png)\n\n\n### 5. How to claim your MemeCoin?\n\n𝕏 ID holders can claim their Coin by visiting https://x-meme.fun/[𝕏 username] and following the claim process. Upon completion, the 𝕏 ID holder's wallet address will automatically receive the income.\n\n![CleanShot 2025-01-05 at 15.26.20.png](https://public.degengate.fun/CleanShot_2025-01-05_at_15.26.20.png)\n\n### 6. Tax Mechanisms.\n\n𝕏-meme implements the following fee distribution:\n\n- 𝕏 ID holders receive 1% automatic trade fee share after claiming their Coin\n- Platform takes 0.6% platform-wide trade fee\n- Platform charges 0.4% risk-free leverage fee\n\n### 7. How to generate sustainable income on 𝕏-meme?\n\nThe platform ensures long-term revenue through multiple mechanisms:\n\n- 𝕏 ID holders receive continuous 1% trading fee income\n- 𝕏 ID coin buyers can increase their Coin’s value through community engagement and promotion\n\n### 8. How to track assets?\n\nAfter the official launch, you can directly view your assets on [https://x-meme.fun](https://x-meme.fun).\n\n- Way 1: Connecting wallet and accessing your assets page.\n- Way 2: Clicking wallet addresses in Trade/Rank lists.\n- Way 3: Directly visiting https://x-meme.fun/user/[address].\n    \n    ![CleanShot 2025-01-05 at 22.52.40.png](https://public.degengate.fun/CleanShot_2025-01-05_at_22.52.40.png)\n    \n    ![CleanShot 2025-01-05 at 15.04.15.png](https://public.degengate.fun/CleanShot_2025-01-05_at_15.04.15.png)\n    \n    ![CleanShot 2025-01-05 at 15.06.18.png](https://public.degengate.fun/CleanShot_2025-01-05_at_15.06.18.png)\n    \n\n### 9. Are there trading restrictions?\n\nAnyone can fairly trade any 𝕏 Meme Coin on the platform.\n\n### 10. Explanation **Risk-free Multiply** mechanism.\n\n𝕏-meme implements a contract-level risk-free multiply mechanism.\n\nBased on bonding curve token, 𝕏-meme Coins can only be obtained through buy, which locks ETH into the contract in exchange for Coins. The ETH required for exchanging equivalent amounts of 𝕏-meme Coins only increases according to the bonding curve.\n\nThe team, after years of continuous exploration, has innovatively proposed a risk-free collateral mechanism:\n\nHolders of 𝕏-meme Coin can\n\n- Pledge the 𝕏-meme Coin they hold\n- Lend out $ETH locked in the contract, while the pledged Coin remains locked in the contract.\n- When redeeming the Coin, the $ETH is then returned to the contract.\n\nDue to the unique issuance mechanism, the market price cannot fall below the borrowed price, even in extreme scenarios where all other holders sell.\n\n### 11. How to expand the capital utilization rate to 50× on 𝕏-meme?\n\nUsers can leverage up to 50× during any Coin’s initial phase using minimum value through the risk-free multiply mechanism.\n\nSimply check the multiply option in the purchase interface. Example: Use 0.1 ETH to buy a position of 47,619 𝕏-meme Coins (0.4% collateral fee applies; without Multiply, 5 ETH would be required for the same Coins).\n\n![CleanShot 2025-01-05 at 14.54.03.png](https://public.degengate.fun/CleanShot_2025-01-05_at_14.54.03.png)\n\n### 12. How to understand Debt and Net Value on 𝕏-meme?\n\nWhen using Multiply, users are essentially performing risk-free multiply mechanism via smart contracts.\n\nWith market price fluctuations, direct gains can be obtained. At this time, it is necessary to first return the $ETH borrowed from the contract, and then obtain the profit from market fluctuations.\n\nThe $ETH borrowed is considered Debt, and the final profit is the Net Value.\n\n![CleanShot 2025-01-05 at 22.20.12.png](https://public.degengate.fun/CleanShot_2025-01-05_at_22.20.12.png)\n\n### 13. What are the advantages of playing 𝕏-meme compared to simple PvP?\n\nCompared to platforms like [pump.fun](http://pump.fun), 𝕏-meme offers:\n\n- Scarcity. One 𝕏 ID = One 𝕏 Memecoin. Each 𝕏 ID has a unique Memecoin.\n- Quantify Social Value. 𝕏-meme Coin represents the social value of 𝕏 ID, not limited to \"Meme\", while it opens a brand new investment and revenue channel for Holders and Followers.\n- 𝕏 ID Holders have sustainable income. Influencers KOL, media, or open-source projects can all gain continuous income through 𝕏-meme. [7. How to generate sustainable income on 𝕏-meme?](https://www.notion.so/7-How-to-generate-sustainable-income-on-meme-1737857e1f8f81768a8bd22967dd20cb?pvs=21)*\n- Here are multiple ways to purchase Coins (normal purchase, risk-free leveraged purchase), traders can further expand more PvP gameplay through more complex mixed trading methods, on a fair basis.\n\n### 14. 𝕏-meme contract information.\n\n𝕏-meme is deployed on Base chain with verified and open-sourced contracts.\nDetails: [https://github.com/degengate/contract](https://github.com/degengate/contract)  and [https://x.com/xmemefun/status/1875861280718045247](https://x.com/xmemefun/status/1875861280718045247)\n\n### 15. The API interface and example code of 𝕏-meme.\n\n𝕏-meme provides a public subgraph for developers to build custom trading frameworks.\n\nPlayground: [https://thegraph.com/explorer/subgraphs/GHwNcuWaNoKkVkYtjA7Ftz2qAZC2ETGdsetWMgRojtoe?view=Query&chain=arbitrum-one](https://thegraph.com/explorer/subgraphs/GHwNcuWaNoKkVkYtjA7Ftz2qAZC2ETGdsetWMgRojtoe?view=Query&chain=arbitrum-one)\n\nAPI: https://gateway.thegraph.com/api/[api-key]/subgraphs/id/GHwNcuWaNoKkVkYtjA7Ftz2qAZC2ETGdsetWMgRojtoe\n\n> Powered By Public Token - Beta version\n>\n\n[中文版](https://www.notion.so/meme-FAQ-7011ef2b0bc34fc29e6e53add67f60b4?pvs=21) \n", "lastUpdated": 0, "projectGithub": "degengate", "projectTwitter": "xmemefun"}, "recipient": "0xa6240987e6eAfE9ae33393a170deEF3ED64d0B15"}}