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(JOOCE)

$JMX (JOOCE Memecoin Index) is the actual index token that represents a diversified basket of top-tier memecoins across multiple blockchains like Base, Ethereum, and Solana. In contrast, $JOOCE is the governance and utility token used to manage the ecosystem. While $JMX provides exposure to the underlying assets, $JOOCE allows holders to participate in decision-making, staking, and reward programs.

The JOOCE Memecoin Index ($JMX) is a single token on the Base network that provides diversified exposure to multiple leading memecoins. Instead of managing dozens of separate coins across different chains, investors can hold $JMX to track a basket of assets. The index's composition and weightings are periodically updated through a gamified governance process, allowing the community to influence which memecoins are included.

Investors can earn rewards, often called 'weekly juice,' by locking their $JOOCE tokens. Locking tokens grants the user Voting Power (VP). Rewards are generally distributed based on the rebalancing fees or the overall performance of the $JMX index. Typically, the longer a user chooses to lock their $JOOCE, the higher their Voting Power and the larger their potential share of the rewards.

'Meme Wars' is the project's unique governance mechanism where users utilize their Voting Power (VP) to vote for specific memecoins. The assets that receive the most votes gain a higher allocation or weight during the next index rebalancing cycle. This happens on a frequent basis, such as weekly or bi-weekly, ensuring the index remains aligned with the community's preferences and market trends.

Security is a priority, and the project integrates with established platforms while seeking audits from reputable firms to ensure contract safety. The $JMX token uses a proxy contract structure on the Base network, which allows for necessary upgrades. This functionality is essential for the team to perform index rebalancing and implement protocol improvements efficiently, though it is a technical detail users should be aware of when exploring the contract.

$JOOCE and $JMX are native to the Base network. You can acquire these tokens on LBank or through supported decentralized platforms within the Base ecosystem. To manage your tokens in a private wallet, you must add the official contract address on the Base network. Using LBank provides a secure and streamlined way to trade these assets and participate in the JOOCE ecosystem.