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BNB Chain will launch the first round of $4.4 million Meme coin liquidity support plan, which will officially start on February 18

2025-02-15 00:41

Odaily News According to official news, BNB Chain will launch a Meme coin liquidity support plan with the first round of support funds of up to 4.4 million US dollars. The starting time is February 18, 2025. The daily competition time is 8 am Beijing time to 8 am the next day (24 hours); the weekly competition time is 8 am on February 18, 2025 to 8 am on February 24, 2025 Beijing time.
The BSC Ecosystem Meme Coin participation requirements are:
Issued by: Four.meme, Burve, Gra.Fun, PinkSale, Flap, TokenFi, Beeper, HoloworldAI, Myshell.
Meme coins must have been issued for at least 48 hours at the start of each competition;
The winning criteria are:
Market value: Market value must be US$1 million or more;
·Holding addresses: no less than 1,000;
Token supply contribution: Projects need to add 10% of token supply to the liquidity pool;
·Holding distribution: The top 10 externally owned accounts (eoa) shall not hold more than 10% of the total supply, and holders are encouraged to manage assets through lock-up or linear release;
Projects must verify their token source code on bscscan or pass a security audit.
After confirming that the winner meets the requirements, BNB Chain will announce the winner's information on the X (Twitter) platform and complete liquidity support within 5 days.
It is reported that BNB Chain will focus on the top Memecoins on a daily and weekly basis, and directly inject BNB token liquidity from the BNB Chain Foundation wallet into the liquidity pool of the winning project. This liquidity will be permanently retained in the pool and will not be withdrawn. It is worth noting that this event is the first round of the BNB Chain Meme coin incentive plan, and more incentive plans will be launched in the future based on community user feedback.