PANews reported on February 15 that according to the official announcement, BNB Chain launched a $4.4 million Memecoin liquidity support plan starting from February 18. BNB Chain will focus on the top Memecoins daily and weekly, and inject BNB liquidity directly from the BNB Chain Foundation wallet into the liquidity pool of the winning project. BNB Chain will provide 50% BNB + 50% Memecoin (purchased from the market) and add it to the most active liquidity pool of the Memecoin. The liquidity will remain in the pool permanently and will not be withdrawn. Winning criteria:
- Market capitalization: $1M or above
- Active holding addresses: no less than 1000
- Token supply contribution: The project needs to add 10% of the total supply to the liquidity pool
- Holdings distribution: The top 10 externally owned accounts (EOAs) cannot hold more than 10% of the total supply. These holders are encouraged to manage their assets through lock-up or linear release.
- Security measures: Projects must verify their token source code on BscScan or pass a security audit