BNB Chain has announced an upcoming $4.4 million ecosystem support initiative, which opens to all projects on the BNB Smart Chain (BSC) beginning March 13, 2025. This expanded initiative follows a successful first round focused solely on memecoins.
Program Grows Beyond Memecoins
BNB Chain will now accept applications from projects across all sectors on the BNB Smart Chain (BSC), removing previous category restrictions that limited participation to meme tokens. The program aims to elevate native assets on BSC by rewarding top-performing projects and injecting permanent, non-withdrawable liquidity into the liquidity pools of winning projects, thus creating lasting stability.
Competition Structure
The second round introduces a two-zone system based on market capitalization. Projects with market caps under $20 million will compete in the 'Burst Zone,' while those above this threshold enter the 'Mature Zone.' Daily competitions will commence on March 13, with daily snapshots taken at 11:59 AM UTC to determine rankings. A parallel weekly competition with larger rewards will also run.
Entry Requirements and Scoring System
To qualify, projects must have launch dates after January 2024 on BNB Chain, maintain at least a $50,000 market cap, and generate at least $10,000 daily trading volume. The ranking formula weighs three key metrics: trading volume (50%), market capitalization (45%), and price growth (5%). Winners face stricter requirements.
What sets this program apart is its permanent nature, addressing one of DeFi's fundamental challenges: liquidity sustainability. Winners will be announced on BNB Chain's official channels, with liquidity deployment completed within 10 days of the announcement.