BNB Chain, the community-driven blockchain ecosystem, announced the launch of the fourth TVL#4 program aimed at supporting the growth of the DeFi ecosystem on its blockchain.
Key Details of TVL#4
The TVL#4 program is designed to support projects deployed on BNB Smart Chain (BSC) or opBNB. The total prize pool is up to $300,000. The program aims to help developers and startups achieve real business success and attract new Web3 users.
Challenges in the TVL#4 Program
The TVL#4 program consists of two parts: * **BNB Staking Challenge (Part A):** This part offers a $100,000 prize pool and is open to all DeFi platforms supporting BNB staking. * **TVL Challenge (Part B):** This part offers a $200,000 prize pool and is open to all DeFi projects deployed on opBNB or BSC after January 1, 2023.
Registration Process and Dates
All projects must register to participate in the challenges from September 5, 2024, until the event ends. The challenges will run from September 12, 2024, to October 11, 2024. Winners will be announced on October 11, 2024.
The TVL#4 program reaffirms BNB Chain's commitment to growing the Web3 ecosystem and supporting DeFi platforms, providing them with opportunities to grow and contribute to a thriving ecosystem.
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