APIS and Token Creation
- APIS and Token Creation
**APIS** is the creation-fuel of the MELEK token economy: you obtain it by permanently locking MELEK, and you spend it to **create your own token** and turn on its rewards. It is MELEK-Engine's equivalent of Hive-Engine's "BEE" fee token, named for *Apis*, the sacred bee. This article explains where APIS comes from, what you do with it, and how the token you create reaches the market. It builds on Running Tokens on MELEK-Engine and Hive Engine and Smart Media Tokens.
Where APIS Comes From: Locking MELEK
APIS is **earned**, not bought from a faucet. The mechanism follows Hive-Engine's WORKERBEE → BEE model, remapped:
- You **forever-lock** MELEK (as the engine's wrapped-MELEK side token). The lock is **permanent** — there is no unstake.
- Locking mints **APIS-Hash**, a soulbound (non-transferable) mining-power balance, 1:1 with what you locked.
- APIS-Hash **mines APIS** on a fixed schedule — a set amount of APIS per day is split across all APIS-Hash holders by share. More lockers only split the same fixed pie; it is not inflationary.
So "post on MELEK to lock MELEK and get APIS" resolves to: lock → earn mining power → mine the spendable APIS you then use to create things. Permanently converting MELEK into creation-power keeps the fuel scarce and earned.
What You Spend APIS On
APIS is **burned** as the fee for the acts of creation on MELEK-Engine:
- Create a token — burning a fixed amount of APIS registers a brand-new token (you set its symbol, precision, supply, and rules).
- Add SCOT — burning APIS turns on the token's **social reward pool** ("Smart Contracts On Tokens"): posts tagged for your community earn your token, stake-weighted, on the schedule and author/curator split you choose.
- Make a Seed — burning APIS makes a token into a Kush-Farm "seed" asset.
- Resource fees — small APIS burns pay for engine operations beyond the free allowance.
Because creation and rewards cost APIS, and APIS costs locked MELEK, the whole economy is anchored back to MELEK.
From Your Token to the Market
Once your token exists and (optionally) rewards content via SCOT, it can leave the social layer and become **tradable**:
- **Bridge** the token onto the PRANA chain as a wrapped ERC-20.
- **List** it on KulaSwap — create the pair, seed liquidity.
- **Trade, provide liquidity, and farm** — your community now has a market and a little DeFi economy around its token.
The full loop: **lock MELEK → earn APIS → create your token → reward your community with SCOT → bridge to KulaSwap → trade and farm.** You can enter at any point.
See Also
- Running Tokens on MELEK-Engine — the side-token layer APIS operates on
- Hive Engine and Smart Media Tokens — the BEE/SCOT model APIS descends from
- KulaSwap and the DEX Lineage — where your token gets a market
- Getting Started On-Ramp — how newcomers get the capital to take part
Coverage
First-party explanation of APIS as MELEK-Engine's creation-fuel — how it is minted by locking MELEK and burned to create tokens, SCOT rewards, and seeds. Exact fees, emission schedules, and bridge parameters should be confirmed against the live MELEK-Engine and bridge configuration before use.