BNB Chain, a community-driven ecosystem, has announced the delegation support for the fifth cycle of its TVL Incentive program, concluding on March 21, 2025. The program aims to support and accelerate innovation in decentralized finance and the broader restaking ecosystem.
Goals of the TVL Incentive Program
The TVL Incentive Program is designed to catalyze sustainable growth across liquid (re)staking protocols by providing direct, performance-based incentives. BNB Chain aims to promote a more secure, scalable, and resilient DeFi environment.
Results of the First Iteration
KernelDAO secured the top position and was awarded 3956 BNB in Delegation Support. Astherus followed with 3512 BNB, while YieldNest was third with 97 BNB. Tranchess and Lista-DAO received 149 BNB and 1704 BNB respectively. The rewards were calculated based on the performance tier of each protocol.
Future of the Program and Its Significance for DeFi
Delegation Support will remain active for one to three months depending on overall performance. BNB Chain reserves the right to withdraw support in cases of high risks related to security. Efforts are underway to optimize the TVL Incentive Program to deliver greater value to participating projects.
BNB Chain continues to enhance its support for the DeFi ecosystem, optimizing the TVL Incentive Program and providing new opportunities for participants. Community feedback also plays a crucial role in this process.