Avalanche Foundation announces new regulations for purchasing meme coins

2024-01-23 20:26:42
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ChainCatcher news, according to CoinDesk, the Avalanche Foundation has announced new rules for purchasing Meme tokens. According to the released "Eligibility Framework," Avalanche will only consider Meme tokens that are native to the Avalanche blockchain, while tokens reserved for team allocations or cloned from other blockchains will not be accepted, and the creating team is required to relinquish ownership of the minting contract.

In addition, the Avalanche Foundation will not recognize tokens that are hoarded by large whales, launched without security company audits, or without a whitelist. Although there is some flexibility in the rules, meeting these conditions does not guarantee a purchase.

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