BNB Chain is introducing a new program called “Meme Heroes” to boost the development of meme coin projects. The company is setting aside $900,000 for liquidity pool (LP) support, adding to its initial commitment of $1 million to drive innovation for meme coins on BNB Smart Chain (BSC). All profits generated from these LPs will be reinvested back into the ecosystem. The Meme Heroes initiative aims to enhance liquidity and establish a stable trading environment. Project selection criteria include a one-year LP liquidity lock, adding 10% of the total token supply to the LP, and ensuring that the top 10 EOA holders hold less than 10% of the total supply.
V, BNB Chain’s Chief Scientist, expressed enthusiasm for the transformative potential of these projects. Developers and meme projects are strongly encouraged to apply for LP support.