BNB Chain announces a new initiative to support its ecosystem by injecting $4.4 million liquidity, open to all projects on the platform.
Program Expands Beyond Memecoins
BNB Chain expands its initiative, allowing projects from all sectors to apply, replacing the first round that focused solely on memecoins.
Fair Competition Structure
The competition structure involves Burst and Mature zones, allowing a fair playing field. The system separates projects by market capitalization, reducing competition between emerging and established projects.
Participant Requirements and Scoring System
Projects must meet several criteria, like minimum market cap and trading volume, to participate. The ranking considers trading volume, market capitalization, and price growth, emphasizing market activity.
The new liquidity injection from BNB Chain promises sustainable support for emerging projects, potentially contributing significantly to overall ecosystem growth.