Starting February 18, 2025, the <a href="https://www.bnbchain.org/en" rel="noopener noreferrer nofollow">BNB Chain Meme Liquidity Support Program</a> will provide memecoins with an opportunity to shine and grow within the thriving BNB Chain ecosystem. The program will spotlight the top memecoins daily and weekly by adding BNB liquidity directly to the winning projects’ pools from the BNB Chain Foundation’s wallet. This liquidity will stay in the pool permanently and will not be withdrawn. This is the first round of the competition, with subsequent rounds to be announced based on community feedback.The activity period for the daily competition begins on February 18, 2025, running daily from 12:00 PM to 11:59 AM UTC. The weekly competition will take place from February 18, 2025, at 12:00 PM until February 24, 2025, at 11:59 AM UTC.Participation is open to all memecoins natively launched on BSC that meet specific criteria. Eligible memecoins must be launched on platforms such as <a href="https://four.meme/" rel="noopener noreferrer nofollow">Four.meme</a>, <a href="https://app.burve.io/?chainId=56" rel="noopener noreferrer nofollow">Burve</a>, <a href="https://gra.fun/bsc" rel="noopener noreferrer nofollow">Gra.Fun</a>, <a href="https://www.pinksale.finance/" rel="noopener noreferrer nofollow">PinkSale</a>, <a href="https://flap.sh/board" rel="noopener noreferrer nofollow">Flap</a>, <a href="https://www.tokenfi.com/" rel="noopener noreferrer nofollow">TokenFi</a>, <a href="https://beeper.fun/" rel="noopener noreferrer nofollow">Beeper</a>, <a href="https://www.holoworld.ai/" rel="noopener noreferrer nofollow">HoloworldAI</a>, <a href="https://myshell.ai/" rel="noopener noreferrer nofollow">Myshell</a>. Additionally, memecoins should be launched at least 48 hours before each round of competition. For instance, for a daily competition starting on February 18 at 12:00 PM, the meme should be launched before February 16 at 12:00 PM.To qualify as a winner, a memecoin must have a market cap of at least $1 million, with a minimum of 1,000 active holders. The ownership distribution should ensure that the top 10 externally owned accounts (EOAs) collectively hold less than 10% of the total supply. Stakeholders are encouraged to lock or vest their funds over time. Furthermore, projects must verify their token source code on <a href="https://bscscan.com/" rel="noopener noreferrer nofollow">BscScan</a> or undergo a security audit.The competition will rank memecoins based on several indicators using specific weight ratios outlined <a href="https://www.bnbchain.org/en/blog/4-4m-liquidity-pool-support-to-top-memecoins-round-1" rel="noopener noreferrer nofollow">here.</a> The daily competition will have one winner each day, with seven winners in total, each receiving up to $200,000 in liquidity support. In the weekly competition, ten winners will be selected with varying reward amounts. The top-ranked memecoin will receive up to $500,000, while those in the second position will receive up to $400,000 each. The memecoins ranked third will receive up to $300,000 each, and those in the fourth position will receive up to $200,000 each. A memecoin can only win the daily competition once but may still compete for the weekly reward.After verifying the winners’ benchmarks, the BNB Chain team will announce the results on <a href="https://x.com/BNBCHAIN" rel="noopener noreferrer nofollow">X</a>. Participants can find out more details by visiting <a href="https://www.bnbchain.org/en/blog/4-4m-liquidity-pool-support-to-top-memecoins-round-1" rel="noopener noreferrer nofollow">here.&nbsp;</a>About BNB Chain<a href="https://www.bnbchain.org/en" rel="noopener noreferrer nofollow">BNB Chain</a> is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:<ul><li><a href="https://www.bnbchain.org/en/bnb-smart-chain" rel="noopener noreferrer nofollow">BNB Smart Chain (BSC)</a>: A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.&nbsp;</li><li><a href="https://opbnb.bnbchain.org/en" rel="noopener noreferrer nofollow">opBNB</a>: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds.</li><li><a href="https://greenfield.bnbchain.org/en" rel="noopener noreferrer nofollow">BNB Greenfield</a>: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.</li></ul>Setting a high bar for security, the <a href="https://www.avengerdao.org/" rel="noopener noreferrer nofollow">AvengerDAO</a> community protects BNB Chain users while <a href="https://dappbay.bnbchain.org/red-alarm/dapp" rel="noopener noreferrer nofollow">Red Alarm</a> provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its <a href="https://www.bnbchain.org/en/developers/developer-programs" rel="noopener noreferrer nofollow">Builder Support Program</a>.For more, follow BNB Chain on <a href="https://twitter.com/BNBCHAIN" rel="noopener noreferrer nofollow">X</a> or start exploring via our <a href="https://dappbay.bnbchain.org/" rel="noopener noreferrer nofollow">Dapp library</a>.The post <a href="https://www.ethnews.com/bnb-chain-launches-4-4m-liquidity-pool-support-to-top-memecoins/" rel="noopener noreferrer nofollow">BNB Chain Launches $4.4M Liquidity Pool Support to Top Memecoins</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

BNB Chain Launches $4.4M Liquidity Pool Support to Top Memecoins

ETHNews

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