BNB Chain has committed $1 million through its "Meme Innovation Campaign" to accelerate meme coin innovation within its ecosystem. Here's a breakdown of the initiative:

First Phase Recap:
- Total Awards: $100,000 in prizes.
- Objective: Support the development of new meme coins.
- Participation: Attracted global developers and projects.

Second Phase: "Meme Heroes" Support Program

In the second phase, BNB Chain is allocating the remaining $900,000 to a liquidity pool (LP) to further develop and grow promising meme projects. All revenue generated from this funding will be reinvested to support further meme coin development.

Application for LP Support:
Projects interested in applying for LP support can do so [here](#).

Meme Heroes’ Criteria & How to Apply:

The Meme Heroes support program aims to improve liquidity and promote a stable and secure user trading environment. Selection criteria for projects include:

1. Locking Liquidity:
  - Requirement: Lock 100% of the LP liquidity for at least one year or send it to a null address.
2. Token Supply:
  - Requirement: Add 10% of the total token supply to the LP.

3. Ownership Distribution:
  - Requirement: Ensure the top 10 externally owned account holders hold less than 10% of the total supply and encourage these stakeholders to lock or vest their funds over time.

4. Verification & Security:
  - Requirement: Verify the token source code on BscScan or undergo a security audit.

5. Additional Considerations:
  - Trading volume, number of token holders, and market capitalization.

Application Process:
If you meet the criteria, apply for LP support by completing this [form]. Include a brief description of your project and supporting information as required.

Tracking BNB’s LP Support Assets & Reinvesting Revenue:

In line with BNB Chain's mission to provide an open, scalable infrastructure and give back to the community, all revenue generated from these LPs will be reinvested into the ecosystem. These funds will be directed to a dedicated LP address, ensuring ongoing support and growth for meme coins within the BNB Chain ecosystem.

Track LP Support Assets:
- BNB: [BNB LP Support Assets](https://bscscan.com/address/0x48A0BD8CfFC189583Ed6F07163328780EDfe5cc9)
- ETH: [ETH LP Support Assets](https://etherscan.io/address/0x48A0BD8CfFC189583Ed6F07163328780EDfe5cc9)

All revenue generated from the LP support funding will be reinvested to further support meme coin development.