Powered by
News Bytes

BNB Chain Dedicates $900K Liquidity Pool to Support Meme Coin Ecosystem

This article was published more than a year ago. Some information may no longer be current.

BNB Chain has announced a new initiative called β€œMeme Heroes” to support the growth of meme coin projects. The company will allocate $900,000 for liquidity pool (LP) support, extending its commitment of $1 million to accelerate meme coin innovation on BNB Smart Chain (BSC). All revenue generated from these LPs will be reinvested back into the ecosystem. The Meme Heroes campaign aims to improve liquidity and provide a stable trading environment. Criteria for project selection include LP liquidity lock for at least one year, 10% of total token supply added to the LP, and top 10 EOA holders holding less than 10% of total supply. BNB Chain’s Chief Scientist, V, expressed excitement about the transformative potential of these projects. Developers and meme projects are encouraged to apply for LP support.

WRITTEN BY
SHARE
BNB Chain Dedicates $900K Liquidity Pool to Support Meme Coin Ecosystem