BulbaSwap has recently unveiled the Meme Liquidity Subsidy Program, a groundbreaking initiative designed to bolster the Morph Chain ecosystem and provide vital support to emerging meme projects. This program aims to offer liquidity assistance and growth incentives to promising meme tokens, ultimately driving innovation and fostering community engagement.
The program has allocated a total of 10-15 $ETH, adopting a tier-based approach that rewards projects based on their performance against specific benchmarks. Participants can expect to receive incentives such as performance rewards and bounties, contingent upon their achievements in metrics like Total Value Locked (TVL) and user engagement.
BulbaSwap’s Meme Liquidity Subsidy Program features three distinct tiers – Diamond, Gold, and Silver – each offering varying levels of support based on predefined performance criteria. The Diamond Tier, for instance, provides up to 1 $ETH in liquidity support for projects that achieve $50,000 in TVL, attract 500 unique token holders, and facilitate 1,000 transactions. In addition to these benchmarks, projects must also demonstrate a robust social media presence, including active engagement with influencers and a verified community of at least 2,000 members.
Similarly, the Gold Tier offers up to 0.5 $ETH for projects with $20,000 in TVL, 250 token holders, and 500 transactions. While the Silver Tier provides up to 0.1 $ETH in liquidity support for projects with $10,000 in locked liquidity, 100 unique token holders, and 200 transactions. Basic social media engagement requirements must also be met at each tier level.
To be eligible for rewards, projects must maintain the specified metrics for a minimum of ten days. Liquidity must be locked in meme token trading pairs, with at least 50% consisting of USDT or $ETH liquidity. Transactions will be counted based on token swaps and liquidity adjustments, while social media metrics such as verified Twitter and Telegram engagement will also be evaluated.
The Meme Liquidity Subsidy Program underscores BulbaSwap’s dedication to nurturing innovation and growth within the Morph Chain ecosystem. By incentivizing promising meme projects, the program aims to enhance liquidity depth, drive community engagement, and ultimately increase the long-term value of the ecosystem.
This initiative reflects BulbaSwap’s commitment to supporting the development and success of meme projects within the Morph Chain ecosystem, showcasing the platform’s proactive approach to fostering innovation and community growth.