Avalanche Foundation launches Memecoin Rush, injecting $1m into ecosystem
The Avalanche Foundation kicked off phase one of Memecoin Rush, a $1 million liquidity mining incentive program to catalyze the community coin ecosystem on the Avalanche (AVAX) blockchain. This initiative, announced in a blog post, will begin with SteakHut and Trader Joe — two prominent platforms native to Avalanche — to incentivize trading and provide liquidity for selected community tokens....