One Pager

1. Introduction

Meme Asylum is a community-led memecoin launchpad built on Base chain. The project centres around ECT (Electroconvulsive Therapy), a deflationary utility token that powers the entire ecosystem.

The inmates are running the institution. Meme Asylum is not controlled by a central team — it is governed by the community through a burn-to-vote mechanism that determines which meme tokens get launched.

This whitepaper outlines the core mechanics, tokenomics, and vision behind Meme Asylum.

2. ECT Token

ECT is the core utility token of the Meme Asylum ecosystem. It is used to vote on which meme tokens get launched, and it is burned in the process — making it deflationary by design.

Network

Base

Type

ERC-20

Supply

Deflationary

Utility

Burn to Vote

3. Token Allocation

ECT was launched via a fair presale with the following allocation structure:

Presale50%

Fair launch via GemPad on Base chain

Liquidity Pool20%

Locked liquidity paired with ETH

Therapy Rewards15%

Distributed to participants in minting cycles

Team / Development10%

Vested allocation for ongoing development

Marketing5%

Community growth and partnerships

4. How It Works - 28-Day Cycles

Meme Asylum operates on a recurring 28-day cycle, divided into two phases:

Phase 1: Vote (Days 1–14)

Community members burn ECT to vote on which meme tokens should be launched next. The more ECT burned, the stronger the vote. Token proposals are submitted by the community, and the top-voted tokens advance to minting.

Phase 2: Mint (Days 15–28)

Winning tokens are minted and distributed. Voters who burned ECT receive meme tokens proportional to their burn amount, plus multiplier bonuses based on their commitment level.

5. Burn Mechanics & Multipliers

ECT burned during voting is permanently removed from circulation, creating constant deflationary pressure. The more ECT burned, the higher the multiplier reward:

Tier 1

2.1x

Tier 2

3.0x

Tier 3

4.2x

Tier 4

5.4x

Multipliers determine how many meme tokens you receive relative to your burned ECT. Higher tiers require larger burns but yield significantly greater rewards.

6. Reverse-Burn Mechanism

One of the unique features of Meme Asylum is the reverse-burn mechanism. Meme token holders can burn their meme tokens to receive ECT in return, at a rate of up to 32x.

This creates a two-way deflationary loop:

>Burn ECT → receive meme tokens (forward burn)
>Burn meme tokens → receive ECT (reverse burn, up to 32x)

Both directions reduce total supply, creating sustained deflationary pressure across the entire ecosystem.

7. Patient Tokens

Patient tokens are the meme coins launched through the Meme Asylum voting system. Current active patient tokens include:

DIPRO

Dog In Padded Room

First patient token launched through the asylum

GOY

Trust the Plan Coin

Community-voted meme token with growing adoption

TRUMPONNEN

Baron Harkonnen J. Trump

Political satire meme token with high engagement

New patient tokens are launched every 28-day cycle based on community votes. All patient tokens are ERC-20 tokens on Base chain.

8. NFT Collection & Web3 Game

The Meme Asylum NFT collection features unique character art including The Ripper, The Orderly, Nurse Ginger, and Nurse Luna. These NFTs are an integral part of the upcoming Meme Asylum Web3 game.

NFT holders will receive in-game benefits, exclusive access to governance features, and enhanced multiplier rewards during voting cycles.

9. Ecosystem Benefits

For ECT Holders

>Deflationary supply — constant burning reduces circulating tokens
>Governance power — burn to vote on which tokens launch
>Multiplier rewards — earn up to 5.4x on minted tokens
>Reverse-burn income — receive ECT by burning meme tokens

For Meme Token Holders

>Community-backed launches — real demand before minting
>Reverse-burn exit — burn meme tokens for ECT at up to 32x
>Growing ecosystem — new tokens every 28 days
>Fair distribution — proportional to participation

[ THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY. NOT FINANCIAL ADVICE. ]