> For the complete documentation index, see [llms.txt](https://docs.moome.pro/moome/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.moome.pro/moome/readme.md).

# Moome

**Moome** is a unique crypto coin on the Sui blockchain. It is designed as both a **liquid staking token** and a **meme coin**, combining fun, utility, and innovation in the crypto space.

<figure><img src="/files/K6JarVV7kwqC6yGMy6A5" alt=""><figcaption></figcaption></figure>

### **Key Features of Moome:**

**Liquid Staking Mechanism:**

* Users can mint Moome tokens by supplying collateral in the form of other meme tokens.
* The collateral is added to a staking pool, and users receive Moome tokens proportional to the value of their collateral.

**Using Moome:**

* Moome tokens can be held, traded, or used in DeFi activities.
* They can also be burned to redeem a share of the staking pool.

**Burning Mechanism:**

* Moome tokens can be burned to redeem a portion of the staked collateral

**Community-Driven Approach:**

* Moome operates without a team allocation, reserved funds, or marketing pool. Instead, the protocol collects a 1% fee on minting and burning, which can be used for various purposes, such as liquidity or marketing.

#### **Why Moome Stands Out:**

* **Playful Yet Practical:** Combines the humor of meme tokens with the utility of liquid staking.
* **Deflationary Supply:** The burning mechanism ensures a decreasing supply, potentially increasing scarcity.
* **Transparency and Trust:** Fully on-chain operations provide users with control and visibility.

Moome is more than just a meme token — it’s a bridge between fun and functionality in the world of decentralized finance.