BulbaSwap has introduced the Meme Liquidity Subsidy Program to strengthen the Morph Chain ecosystem and support promising meme projects. This initiative seeks liquidity assistance and growth incentives for emerging meme tokens, fostering innovation and community engagement.
Big news for meme creator!@BulbaSwap is launching the Meme Liquidity Subsidy Program to power up @MorphL2 meme eco!
With 10-15 $ETH in rewards, we’re offering:
🔹 Liquidity support (up to 1 ETH/project)
🔹 Bonuses for price milestones (up to 0.8 ETH)
🔹 Incentives for growth:… pic.twitter.com/ejdx39GJVv— BulbaSwap (@BulbaSwap) December 7, 2024
The program versus total allocation is between 10-15 $ETH to provide a tier-based approach depending on the project performance that meets the set target. Anticipated incentives include performance and bounty rewards depending on participants’ performance in specific TVLs or engagement records among users and transactions.
BulbaSwap Offers Tier-Based Incentives for Meme Token Growth
The program features three tiers, Diamond, Gold, and Silver, with varying support levels based on performance benchmarks. Diamond Tier offers up to 1 $ETH in liquidity support for projects achieving $50,000 in TVL, 500 unique token holders, and 1,000 transactions.
Social engagement requirements include an active Twitter presence with significant influencers and a verified community of at least 2,000 members. Performance bonuses range from 0.2 $ETH for tripling the token’s price to 0.8 $ETH for a tenfold increase.
Gold Tier provides up to 0.5 $ETH for projects with $20,000 in TVL, 250 token holders, and 500 transactions. Community requirements include a smaller verified group of 1,000 members and moderate social engagement. Bonuses are offered for price milestones, with a maximum of 0.5 $ETH for a tenfold price increase.
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 with 500 verified members and 2,000 interactions is required. Bonus rewards for achieving 10x price appreciation can reach 0.2 $ETH.
Criteria and Evaluation
To qualify for rewards, projects must maintain the specified metrics for at least ten days. Liquidity locked in meme token trading pairs must include 50% USDT or $ETH liquidity. Transactions counted include token swaps and liquidity adjustments. Social media metrics, such as verified Twitter and Telegram engagement, are also evaluated.
This initiative underscores BulbaSwap’s commitment to fostering innovation and growth within Morph Chain. The program aims to build liquidity depth, drive community engagement, and enhance the ecosystem’s long-term value by incentivizing promising meme projects.
