🧵 1. Avalanche Foundation launches Meme Coin Rush with $1M incentives to boost meme coin ecosystem on its blockchain through liquidity mining program. #finance
🧵 1. Avalanche Foundation launches Meme Coin Rush with $1M incentives to boost meme coin ecosystem on its blockchain through liquidity mining program. #finance
🧵 2. This initiative includes acquiring five Avalanche-based meme coins and providing rewards for liquidity in meme coin trading pools on specific DeFi platforms.
🧵 3. Meme Coin Rush program mirrors the earlier Avalanche Rush, aiming to scale liquidity and drive momentum in the community coin ecosystem on Avalanche.
🧵 4. The Foundation's incentive program will be executed in phases, collaborating with platforms like SteakHut and Trader Joe to provide liquidity incentives for native meme coins.
🧵 Read more at: https://decrypt.co/222671/avalanche-meme-coin-rush-1-million-rewards-traders