A token is central to Memory Protocol’s functionality. It is the missing piece that aligns incentives between apps and agents who want to build with open data, and the users that provide it. $MEM is also the medium of exchange and reward system for the protocol.

That’s why we launched the token as early as possible in the protocol’s lifecycle, with full wallet and distribution disclosures. Yesterday, $MEM went live on Aerodrome, completing the V0 protocol design.

We’re committed to token transparency and aim to follow the guidelines of Blockworks’ Token Transparency framework. To that end, below is the token distribution, vesting, and wallet addresses.

User distributions - 15% of the supply is reserved for everyone who contributes their data to the protocol, including those who already claimed their Memory Vault and linked accounts in Chapter 1 between May-August 2025, as well as future distributions for those who supply richer data in following chapters. $MEM claiming from Chapters will be available soon.

Wallet: users.memoryprotocol.eth

Ecosystem development - 15% is allocated for apps, agents, builders, and ambassadors who wish to utilize the Memory API and contribute app data in the future. Allocations will be distributed on a diminishing basis so reach out for early access.

Wallet: ecosystem.memoryprotocol.eth

Team and advisors - 15% is allocated to the team as we build towards a fully decentralized protocol. The team is subject to a 12 month cliff and 3 year vesting schedule to encourage long-term commitment.

Wallet: team.memoryprotocol.eth

Investors - 15% is allocated to our small group of early backers who trusted the vision for user-owned data on the internet. Roughly two thirds of our investor pool remains available for future protocol funding.

Wallet: investors.memoryprotocol.eth

Treasury - 30% to incentivize long-term development, growth, and operations of the protocol.

Wallet: treasury.memoryprotocol.eth

Liquidity - 10% to facilitate liquidity on launch and incentivize further liquidity providers.

Wallet: liquidity.memoryprotocol.eth

Note: $MEM balances in these wallets are held on Base

Memory is now available to builders with aggregated public data for over 150k unique individuals. In V0 Builders can access instant retrieval of social data (Twitter and Farcaster) and public identities linked to wallets for any user (access docs here). 

Users get paid via onchain splits whenever their data is queried. The token completes the loop that makes Memory Protocol different to previous attempts at user-owned data. 

Memory Protocol is designed to make the internet feel like magic. For builders, it means you already know everything about a user when they land in your app. You already know their followers on other platforms, so you can make familiar recommendations. You know their posts, content and preferences, and their onchain activity.

The user no longer needs to start from zero. You don’t need to ask preference questions or suggest random follows. It should speed up onboarding and reduce your churn dramatically.

And your users get paid. Whenever their data is called, Memory Protocols pays them a portion of revenue. (Access docs here and reach out for an API credit token allocation if you're a builder).