BNB Chain has launched an initiative called "Meme Heroes" to enhance the BNB Chain meme coin ecosystem. The campaign has two phases:

🔹Phase 1: $100,000 in prizes was awarded to support the development of new meme coins, attracting global participation.

🔹Phase 2: "Meme Heroes" support program, allocating $900,000 for liquidity pool (LP) support to further develop and grow promising meme projects.

To be selected, projects must meet specific criteria, including:

1. Locking 100% of LP liquidity for at least one year or sending it to a null address.

2. Adding 10% of the total token supply to the liquidity pool (LP).

3. Ensuring that the top 10 externally owned account (EOA) holders possess less than 10% of the total supply.

By meeting these criteria, projects can participate in the "Meme Heroes" program and benefit from improved liquidity and a secure trading environment on the BNB Chain.

Source: bnbchain

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