The Arbitrum community has proposed the establishment of a MemeCoin fund
According to the Arbitrum official community, a proposal has been initiated by community members aiming to establish a MemeCoin fund independent of the Arbitrum DAO. This is intended to assist in the development of MemeCoin projects and foster a MemeCoin-friendly culture within Arbitrum. The proposal suggests using $3 million worth of ARB as startup funds. According to the content of the proposal, requirements for project selection include having at least $200,000 in liquidity, whales cannot hold high proportions, and market value must be over $1 million etc. In addition, this fund does not allow day trading; investments must be held for three months. At the end of three months, collaborators can consider liquidating or holding for another three months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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