Frequently Asked Questions

Direct answers to common questions. If something is unclear, it probably should be here.

  • MARK is an ERC-20 token on Base (Ethereum L2) with a fixed supply of 100,000,000 tokens. It is intended to serve as the payment and coordination token for the Mark Protocol attestation ecosystem once the product is built. The token includes EIP-2612 for gasless approvals and has no owner, admin, tax, or special privileges.
  • The planned product is an on-chain document attestation registry. Users would submit document hashes (not the documents themselves) to create permanent proof-of-existence records with timestamps on the Base blockchain. This product is under development and does not exist yet. At launch, only the MARK token contract is deployed.
  • No. MARK is not a security, investment contract, or financial instrument. It does not represent equity, debt, revenue sharing, or dividends. No returns are promised or implied. Do not purchase MARK expecting financial gain. This project does not provide investment advice.
  • The project does not make legal classifications of the token. Whether any token constitutes a security depends on jurisdiction-specific laws. MARK does not promise returns, does not represent equity, and does not grant governance rights. Consult your own legal advisor before interacting with any cryptocurrency.
  • The source code is available at src/MarkToken.sol in the GitHub repository. After deployment, it will be verified on BaseScan with the contract address published on the website, README, and documentation. Always verify the contract address through official channels — do not trust addresses from unofficial sources.
  • Nobody controls the token contract. There is no owner, no admin, no pause, no blacklist, and no mint function. The contract is immutable after deployment.

    However, the project is controlled by a solo founder who manages the operations wallet (35% of supply), the founder wallet (15% of supply), the website, and all development decisions. The contract cannot be changed, but the project depends on the founder for everything else.
  • No. There is no mint function. The total supply is permanently fixed at 100,000,000 MARK. No address — including the deployer — can create new tokens. This is enforced by the smart contract code and can be verified by reading the source.
  • MARK will be available on decentralized exchanges on Base, initially in a MARK/ETH pool on Uniswap V3 or Aerodrome. DEX links will be published after pool creation.

    Warning: Always verify you are trading the correct token by checking the contract address against the official sources. Fake tokens using the same name/symbol are common. If the contract address does not match, do not interact with it.
  • The major risks include: total loss of token value (market risk), undiscovered smart contract vulnerability (contract risk), inability to sell due to low liquidity (liquidity risk), founder abandonment (key-person risk), and regulatory changes (legal risk). The contract has not been formally audited. The product does not yet exist. Read the full risk disclosures before interacting with the project.
  • No. The contract has not been formally audited by a third-party security firm. It uses only audited OpenZeppelin libraries (v5.x) with no custom logic beyond the constructor. A comprehensive test suite (46 tests including fuzz and invariant tests) is included. A formal audit may be pursued in a future phase if traction justifies the cost.
    • Read the source code on GitHub — it is open source under MIT license
    • Verify the contract on BaseScan — match the deployed bytecode against the repository
    • Check wallet balances on-chain — confirm allocation matches documentation
    • Verify the LP lock — check the lock transaction on the locker's public dashboard
    • Run the tests yourself: forge test -vvv
    • Do not trust — verify
  • No. The project does not guarantee listing on any exchange, aggregator, or platform. CoinGecko and CoinMarketCap applications are submitted but acceptance depends on their review process. Centralized exchange listings are not planned or promised at this stage.
  • For general issues, use the GitHub issue tracker with the appropriate template. For security vulnerabilities, do not open a public issue. Instead, use GitHub's private vulnerability reporting or contact the maintainer directly. See SECURITY.md in the repository for full details.
  • No. Nothing in the Mark Protocol documentation, website, repository, or communications constitutes financial, legal, or tax advice. Cryptocurrency involves substantial risk. Conduct your own research and consult qualified professionals before making any decisions.