BNB Chain Announces Meme Heroes, Read This Explanation
1970-01-01
Bittime - BNB Chain, in its passion for advancing the ecosystem, announced a $1 million funding commitment through the Meme Innovation Campaign.
This fund is dedicated to accelerating the development and innovation of meme coins on its platform.
This campaign is a concrete manifestation of BNB Chain's commitment to supporting the growing memecoin community. Listen in depth through this article.
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BNB Chain Launch Meme Heroes
The initial phase of the campaign featured a $100,000 prize pool to support the development of a new meme coin, inviting global participation from
developers and projects.
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BNB Chain Launch Meme Heroes Phase 2
The second phase of BNB Chain's Meme Heroes campaign focused on distributing $900,000 in funds to support the liquidity program (LP).
The goal is to advance and develop promising meme projects.
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Criteria for Selection of Meme Heroes
Liquidity Commitment
Projects must lock 100% LP (Liquidity Pool) liquidity for a minimum of one year or send it to a null address.
LP Support
The project must add 10% of the total token supply to the LP. This contribution increases liquidity and makes it easier for users to trade tokens.
Decentralization
The Meme Heroes team wants to ensure fair and equitable token distribution. Therefore, the project must ensure that the top 10 external account holders do not own more than 10% of the total token supply.
Security
Security audit or token source code verification in BscScan is an important requirement to ensure project security and transparency.
Additional Considerations
In addition to the above criteria, Meme Heroes will also consider trading volume, number of token holders and project market capitalization in a comprehensive manner.
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