# The meme finance (mefi)

> $mefi is the underlying token of our protocol.
While not required to use our protocol, $mefi holders will be able to borrow ETH at a higher percentage for their collateral. Non-$mefi holders will receive ETH equivalent to up to 50% of their collateral’s valuation. $mefi holders, on the other hand, will receive up to 75%.
Put simply, holding $mefi significantly reduces your risk of having your entire stack of a meme coin liquidated because you’re utilizing fewer tokens as collateral.
Additionally, $mefi holders won’t be required to pay any interest on the borrowed ETH.


## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: N/A
- **Total Supply**: 1.00B mefi

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: ethereum

## Resources

- [Website](https://www.memefinances.com/)
- [Coingecko](https://www.coingecko.com/en/coins/the-meme-finance)

## Links

- [View on Zerion](https://app.zerion.io/tokens/mefi-0xe13879194578c6f1a591a96c45b65022c43cec07)
- [Trade on Zerion](https://app.zerion.io/tokens/mefi-0xe13879194578c6f1a591a96c45b65022c43cec07)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset