Iris Coleman
February 21, 2025 08:21
The BNB Chain starts a $ 4.4 million liquidity support program, improving the highest memo in the ecosystem, providing a weekly reward.
The BNB Chain announced that it started a $ 4.4 million liquidity support program to strengthen the presence of memo coins in the ecosystem. According to the BNB chain blog, this initiative, which began on February 18, 2025, aims to provide significant liquidity to the best memo coin in the BNB chain.
Program structure and participation
The program is designed to support daily and weekly competition between Memecoins, and BNB Chain Foundation has added BNB liquidity directly to the winning project pool. This liquidity remains permanently in the pool to improve the stability and growth potential of the selected memoin.
The eligible participant is a note that is released by default on the Binance Smart Chain (BSC) and meets certain standards. This includes it is listed on platforms such as Four.meme, Burve, Gra.fun, Pinksale. In addition, MEMECOINS must be released 48 hours before the rounds of each competition to qualify.
Competition details
Competition is divided into daily and weekly segments and there is a specific benchmark for the winner. Daily competition is UTC until 11:59 am, and weekly competition is extended from February 18 to February 25. Memecoins has a specific weight ratio to each indicator, depending on the market cap, price increase and trading volume. .
For example, the market cap accounts for a 30%, 20%price increase and a 50%trading volume. If the score is low, the ranking is improved. The program aims to pay attention to memo coins with a market cap at least $ 1 million and active holders exceed 1,000.
Rewards and incentives
Daily winners can receive up to $ 200,000 in liquidity support, while weekly winners can make a lot of profits, and rewards are $ 200,000 to $ 500,000 based on ranking. In particular, Memecoin can only win once in a daily competition, but deserves a weekly competition.
Liquidity support includes adding BNB and Memecoin to the most active liquidity pool, and no withdrawal plans to ensure continuous support for memo coins.
Security and fair play
To maintain integrity, the BNB chain set up strict security measures. The project must check the token source code or receive a security audit at BSCSCAN. In addition, the core team has the right to disqualify memes related to washing transactions or other forms of market manipulation.
BNB Chain’s Initiative creates a competitive and growth -oriented environment for cryptocurrency projects, reflecting the extensive trend of blockchain ecosystem, which actively supports innovative digital assets.
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