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BNB Chain Launches $4.4M Initiative to Support Projects

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by Giorgi Kostiuk

6 hours ago


BNB Chain announced the second phase of its $4.4 million support program available to all sectors, following an earlier focus solely on memecoins.

Second Round Program Expansion

BNB Chain now accepts applications from projects on BNB Smart Chain (BSC) without category restrictions. Previously limited to meme tokens, this expansion aims to strengthen the entire BSC ecosystem with sustainable liquidity support.

Structure and Participation Rules

The second round introduces a two-zone system, classifying projects by market capitalization. The 'Burst Zone' for caps under $20 million, and 'Mature Zone' for larger ones, with a daily winner determined for a week. A parallel weekly competition offers larger rewards, with $500,000 allocated to the top performer. To qualify, projects must be BNB Chain native and meet criteria like a minimum $1 million market cap for daily winners.

Strategic Value and Liquidity Stability

A key feature of this program is its permanent nature. Liquidity injected into trading pools cannot be withdrawn, fostering a sustainable infrastructure. This addresses a fundamental DeFi challenge: liquidity sustainability. Projects often face sudden liquidity withdrawals causing market turmoil once temporary incentives expire.

BNB Chain's permanent liquidity program seeks to bolster the BSC ecosystem by attracting long-term potential projects with active trading activity. Winners will be announced via BNB Chain's official channels, with liquidity deployment completed within 10 days of the announcement.

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