TechFlow news, the Avalanche Foundation has released its Community Token Support Program and eligibility criteria. Specific eligibility criteria include a fair launch, resistance to sniping bots, security and trustworthiness, broad ownership, low holding concentration, provision of liquidity, existence for a certain period, maintenance of high market capitalization, and active trading volume.
The specific numerical criteria are as follows:
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Number of Holders: Community tokens should have at least 2,000 unique holders.
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Concentration: The top 100 token holders (excluding centralized exchanges) should own less than 60% of the total supply.
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Liquidity: The project should have a total liquidity of at least $200,000 or equivalent.
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Liquidity Providers: The project should have 50 or more liquidity providers, unless the majority of liquidity has been renounced or burned.
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Lifespan: The project should have existed for at least one month.
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Market Cap: The project’s fully diluted market cap should be $1 million or more.
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Daily Trading Volume: The project should achieve an average daily trading volume of at least $100,000 on DEXs within the Avalanche ecosystem for a minimum of two consecutive weeks.
