BNB Chain to launch $4.4 million Memecoin liquidity support program

PANews reported on February 15 that according to the official announcement, starting from February 18, BNB Chain has launched a US$4.4 million Memecoin liquidity support program. BNB Chain will focus on the head Memecoin daily and weekly and inject BNB liquidity directly from the BNB Chain Foundation's wallet into the liquidity pool of winning projects. BNB Chain will offer 50% BNB + 50% Memecoin (buyed from the market) and add to the Memecoin’s most active liquidity pool. This liquidity will remain in the pool forever and will not be extracted. Winning criteria:

• Market value: Need to reach $1M or more
• Active holding address: no less than 1,000
• Token supply contribution: The project needs to add 10% of the total supply to the liquidity pool
• Holding Distribution: The top 10 externally owned accounts (EOA) holds the total supply of supply not exceeding 10%. These holders are encouraged to manage assets through locking positions or linear releases
• Security measures: Projects must verify their token source code at BscScan or pass security audit