₸USD
TurboUSD (₸USD) is half of every memestock's basket. It is an unstablecoin: a token on Base built to do the opposite of a stablecoin.
What it is
- Fixed supply. No minting. Supply only goes down.
- Burned and bought back onchain. An onchain treasury buys ₸USD back with its revenue and burns it; here, every memestock trade burns ₸USD as well: half of every burn is paid in it.
- Priced in hard assets. ₸USD trades against ETH and tokenized stocks, not against dollars, so it behaves as a hedge on ETH with a shrinking supply.
AMI 9000, TurboUSD's Monetary AI, locks, buys back and burns ₸USD onchain. It acts only on the ₸USD side and never on any single memestock, so its moves reach every basket at once. How AMI works
More at turbousd.com and unstablecoins.org.
Why it is the quote here
The original stock market has always been quoted in a currency designed to inflate. This one is quoted in a currency designed to appreciate. That is the whole premise of the experiment, and it only works if the quote currency has real demand. The launchpad is that demand:
- Every memestock's basket is 50% ₸USD, so every buy buys it.
- Brokers stake it to lead a brokerage; stakers get bigger IMO tickets.
- Every trade burns some.
So the calendar makes ₸USD scarcer as it advances, and every memestock, with a basket half in ₸USD, rides that. Holding ₸USD is the simplest way to be long the whole calendar without picking a ticker. The basket
Funding
MemeStock.market is built by the TurboUSD project and funded from ₸USD's side from the start. The founder takes no fee from the launchpad: every basis point of the trading fee goes to burns, brokerages and holders. Fees