BNB Chain announced an expansion of its funding program to $4.4 million, providing projects from all BSC sectors an opportunity to apply for support.
Program Expands to All Sectors
Following the successful first round focused on memecoins, BNB Chain now welcomes applications from projects in all sectors. The program will inject permanent, non-withdrawable liquidity into winners, ensuring asset stability.
Competition Conditions and Structure
The competition is divided into 'Burst Zone' and 'Mature Zone' based on market capitalization, determining winners by trading activity and capital intensity.
Strategic Impact of Permanent Liquidity
"The permanent liquidity tackles DeFi's fundamental challenges, creating sustainable infrastructure and preventing sudden liquidity changes.
The expansion of BNB Chain's initiative aims to maintain sustainable liquidity and develop the entire ecosystem, strengthening infrastructure and trust in BSC projects.