The BNB Chain ecosystem has announced the launch of the "Meme Heroes" program, under which it will allocate $900,000 to support liquidity pools (LP) to promote the development of promising meme projects.
This step will expand the $1 million commitment announced in April to promote memcoin innovation on the BNB Smart Chain.
The project selection criteria include a number of requirements:
100% of the pool's liquidity must be blocked for at least one year or sent to a zero address;inclusion of 10% of the total volume of tokens in the LP;Top 10 EOA holders are allowed to own less than 10% of the total coin volume;encouraging large holders to lock up or gradually release their funds over time.The source code of the meme token must be verified by BscScan or undergo a security audit. In addition, the trading volume, the number of coin holders and the market capitalization of the project will be taken into account.
In the future, BNB Chain undertakes to reinvest all income received from liquidity pools back into the ecosystem.
The team is currently accepting applications from meme token developers to participate in the program..
Earlier, BNB Chain activated the BEP 336 Haber hard fork, which reduced transaction costs for L2 solutions by 90% compared to current levels.