BNB Chain announced an expansion of its liquidity program aimed at supporting diverse projects in the BNB Smart Chain ecosystem, increasing funding to $4.4 million.
Program Expands Beyond Memecoins
The new initiative broadens participation to all projects within the BNB Smart Chain ecosystem, removing previous category restrictions and aiming to support blockchain-native assets by providing liquidity to successful projects.
Competition Structure for Fair Play
The second round introduces a two-zone system to ensure fair competition among projects of varying sizes. Zones, divided by market capitalization, will offer daily awards along with larger weekly prizes.
Strategic Impact of Permanent Liquidity
The permanent nature of this program means liquidity cannot be withdrawn from trading pools, addressing a fundamental DeFi challenge of liquidity sustainability by creating lasting infrastructure.
BNB Chain implements a new strategy focused on sustainable support, potentially improving market stability and fostering ecosystem growth through the provision of permanent liquidity.