$ME powers the on-chain economy of Magic Eden, the most powerful suite of cross-chain trading, minting, and wallet protocols. Adopted as an official token, $ME will represent the largest community of on-chain users who will earn $ME for trading all assets on all chains.
$ME represents the power of decentralized applications. The largest builder of the protocols is Magic Eden, which offers both NFT and token trading across all major ecosystems. Magic Eden is an entry point for new retail users to enter crypto, complete with a retail-friendly mobile app where people can trade all assets on all chains.
Community members can identify ways to improve the protocols, drive adoption, and increase awareness. All holders can also stake $ME for a period of 1 day to 4 years. In exchange for staking and using the Magic Eden platform via Quests, users receive $ME rewards.