> For the complete documentation index, see [llms.txt](https://memeko.gitbook.io/memeko-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://memeko.gitbook.io/memeko-docs/additional-info/about-elysium-and-litvm-supported-assets.md).

# About Elysium and LitVM, Supported Assets

Memeko is being built on **Elysium and LitVM**, the network that powers its on-chain ecosystem.

Memeko aims to bring meme token launches, token discovery, and trading together while supporting a broader range of assets, including HYPE/zkLTC native gas token, its governance token, and tokenized stock market assets.

Understanding these assets will help you navigate Memeko and understand what you need before making a transaction.

### What Is Elysium and LitVM ?

Elysium and LitVM are the blockchain network Memeko is intended to use for its mainnet deployment.

Like other blockchain networks, Elysium and LitVM allows supported digital assets and smart contracts to operate on-chain. Users can interact with applications, transfer assets, and confirm transactions through compatible wallets.

Memeko is designed to use Elysium and LitVM as the foundation for its token launch and trading ecosystem.

### Understanding HYPE/zkLTC

**HYPE/zkLTC are Elysium's and LitVM's native gas token.**

Gas is the fee required to process transactions on a blockchain network. When you perform an action on Memeko, such as launching a token, buying or selling an asset, or claiming eligible rewards, you may need to pay a network transaction fee.

On Elysium and LitVM , these network fees are paid in HYPE/zkLTC.

Keep enough HYPE/zkLTC in your wallet to cover the transactions you intend to make.

Remember that network gas fees are separate from Memeko's platform fee and any applicable token trading tax.

### Understanding $LITVM

**$LITVM is LitVM's governance and utility token.**

It is distinct from zkLTC, which is used to pay native network gas fees.

Memeko's intended asset ecosystem includes $LITVM alongside other supported tokens and trading assets.

Before interacting with $LITVM, review the information provided by the relevant project and the token's official contract address. Do not assume that holding $LITVM automatically provides voting rights, rewards, or other benefits beyond those explicitly supported by its governance arrangements and utility mechanisms.

### Tokenized Stock Market Assets

Memeko also intends to support tokenized stock market assets as part of its broader asset ecosystem.

Tokenized stock market assets are digital tokens designed to represent or provide exposure to stock-market-related assets or instruments.

The exact rights attached to a token depend on its issuer and the terms governing that particular asset.

Before interacting with a tokenized stock market asset, consider the following:

* **Underlying asset:** Understand which stock, security, or market exposure the token represents.
* **Issuer:** Check who issues or supports the asset.
* **Ownership rights:** Confirm whether the token represents actual share ownership, a contractual claim, or another form of exposure.
* **Redemption:** Review whether redemption is available and what conditions apply.
* **Trading restrictions:** Check for eligibility requirements, geographic restrictions, or trading-hour limitations.
* **Liquidity:** Understand that the token's on-chain trading price may differ from the value of its underlying exposure.

Tokenized stock market assets do not automatically provide traditional shareholder rights, dividends, or redemption rights. These depend on the specific product and its legal terms.

Availability on Memeko should not be interpreted as a guarantee of an asset's legitimacy or suitability.

### Assets Within the Memeko Ecosystem

Memeko's intended asset scope includes several categories.

#### Memeko-Launched Meme Tokens

These are tokens created through Memeko's launch mechanism. Eligible launches use the platform's documented bonding curve model and can configure how their trading tax is distributed.

#### HYPE

Elysium's native gas token, used to pay network transaction fees.

#### zkLTC

LitVM's native gas token, used to pay network transaction fees.

#### $LITVM

LitVM's governance and utility token, intended to be part of Memeko's broader ecosystem.

#### Tokenized Stock Market Assets

Supported tokenized assets intended to bring stock-market-related exposure into the on-chain environment.

The available assets, trading pairs, and features may vary as Memeko's Elysium and LitVM implementation develops.

### Trading Assets and Network Fees

The asset used to buy or sell a token does not necessarily have to be the same asset used to pay network gas fees.

For example, a trading pair may use one supported token for the trade while your wallet uses HYPE/zkLTC to pay the Elysium and LitVM transaction fee.

The exact trading assets and pairs available depend on Memeko's deployed configuration.

Always check the selected trading pair and the transaction details before confirming a trade.

### Getting Started on Elysium and LitVM 

Before using Memeko:

1. Set up a wallet compatible with Elysium and LitVM .
2. Configure the wallet to connect to the correct network using verified network information.
3. Obtain sufficient HYPE/zkLTC to cover network transaction fees.
4. Verify the contract address of any asset you intend to use.
5. Review the asset's trading rules, fees, and risks before transacting.

Never share your wallet's private keys or recovery phrase with anyone.

### Building on Elysium and LitVM 

Memeko's goal is to make token creation and discovery accessible while contributing to a broader ecosystem of on-chain assets.

From meme tokens to HYPE/zkLTC and supported tokenized stock market assets, Memeko is being developed around the opportunities available within the Elysium and LitVM ecosystem.

**Explore the ecosystem. Understand your assets. Trade responsibly.**