# Listing Criteria

In order for a memecoin to be included in the Jooce Memecoin Index (JMX) it must first apply for a gauge. A gauge allows locked JOOCE holders to allocate votes to a memecoin. The more votes a gauge gets the greater the weight of that coin in the next rebalancing.&#x20;

Every memecoin must first pass all of our checks before receiving a gauge.&#x20;

## Criteria

* Minimum market cap of $50m&#x20;
* Must have over 3 months of trading history
* Must be available to trade on 0x or Jupiter
* Must have less than 10% slippage for a $100k trade in both directions
* Assets not on Base must have a recognised price feed provider (Pyth, Redstone, Chainlink etc)
* Must pass our contract checks
* We will review tokens with a transfer tax on a case by case basis
* Must have over 20k Twitter/X followers
* Must be deemed the canonical version of that meme (if multiple tokens exist for the same meme we will only list the most supported version)
* At least 80% of the supply must be circulating

Use [this](https://form.jooce.xyz/) form to submit a new memecoin for listing review.&#x20;

## Delisting

If a listed token fails to meet the requirements above it may be delisted from the index. If a token has been delisted the voting power (VP) on its vote gauge will no longer be considered by the index. Users that have voted for a delisted token can only decrease their VP to zero.


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