What is ETH 2.0?

ETH 2.0 (ETH2/USDT – Trade it here) is a governance and utility token for Proof of Memes, a layer 1 memecoin blockchain. ETH 2.0 also serves as a financing instrument for the creation of in-house utility items on the Proof Of Memes Blockchain. These items will have a deflationary effect on both the POM currency and the ETH 2.0 token on the ETH chain. Basic information for the ETH 2.0 token is available on the MEXC Digital asset introduction page.

How Does it Work

We have to understand what Proof of Memes blockchain (POMCHAIN) is before we know how ETH 2.0 works. POMCHAIN aims to improve the experience of DeFi crypto trading focusing on memecoins. Currently, they are building a full ecosystem of trading tools and utilities to improve the memecoin purchasing and trading process. These utilities include POMSWAP DEX and memescan.io Block Explorer.

We had all heard of Dogecoin. However, Dogecoin is not programmable and developers cannot build directly on top of it despite being the largest memecoin by market cap. This is where POMCHAIN comes in. They are here to be the governance token for L1 blockchains of memecoins. They are buidling a platform where not only memecoins can launch and develop, but also provide proper utility and trust.

When a new project transfers to POMCHAIN, all POM holders will be able to use their airdropped tokens to invest in memecoins. Furthermore, they can swap their POM for other cryptocurrencies on a centralized exchange or use it as an onramp or offramp to fiat. So, what is ETH 2.0 and how does it come into the playbook of POMCHAIN?

By purchasing the ETH 2.0 token, early Proof Of Memes adopters will have a significant share in this new network. The ETH 2.0 token serves as the governance token for POM. However, it is only accessible for trade on POMCHAIN. In the future, ETH 2.0 will be transferred to POMG, POM Governance token. Anyone who buys ETH 2.0 before the transfer will be airdropped POM at a ratio proportional to their ETH 2.0 holdings when the Mainnet becomes online.

Recent Price & Performance of ETH 2.0 Token

MEXC recently listed ETH2 in our innovation zone! They are currently traded at $0.00003529 USD per unit. They have a market cap of $15,941,715 & fully diluted market cap of $38,015,972. You can check the live price of ETH 2.0 Token right here!

How to buy ETH 2.0 Token (ETH2)?

You can buy ETH 2.0 Token (ETH2) on MEXC by the following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “ETH2” using the search bar to see the available trading pairs. Take ETH2/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of ETH2 you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy ETH2] to confirm your order. You will find the purchased ETH2 in your Spot Wallet.

You can find a detailed guide on how to buy ETH2 tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshot and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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