The Avalanche Foundation has announced the "Qualification Framework" for purchasing Meme tokens and does not accept tokens reserved for the team's allocation
According to CoinDesk, the Avalanche Foundation has announced new rules for purchasing Meme tokens. According to the released "eligibility framework," Avalanche only considers Meme tokens native to the Avalanche blockchain and does not accept tokens reserved for teams or cloned on other blockchains. They also require the creating team to relinquish ownership of the minting contract.
In addition, the Avalanche Foundation will not recognize tokens that are hoarded by whales, launched without security company audits, or launched without being whitelisted. Although there is some flexibility in the rules, meeting these conditions does not guarantee a purchase.
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.
You may also like
"After a magnitude 7 earthquake, there will certainly be aftershocks"? After major AI losses in July, hedge funds suffered another heavy blow on Wednesday.
According to data from Goldman Sachs, systematic long-short funds experienced a single-day decline of 1.4% on Wednesday, while the Morgan Stanley "Pure Momentum" Index saw its first single-day drop of over 4% in five years. The trigger was the U.S. Treasury expanding bond purchases and a skyrocketing share price of Moderna. Industry insiders compared the current predicament to "aftershocks following a magnitude 7 earthquake," with all parties simultaneously deleveraging and reducing risk exposure, which is intensifying market volatility and creating a negative feedback loop.
PPX Mining settles USD 860,093 debt with 6,533,921 shares at CAD 0.19 each
EnWave FY26 Q3 net loss narrows to C$465,000; revenue rises to C$3.31 million
Crypto prices
More
