BNB Chain Launches $100 Million Campaign to Support Permanent Liquidation

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BNB Chain has announced a permanent liquidation plan worth 100 million USD to thank the community for their support. After two previous liquidation rounds with a value of 4.4 million USD, BNB Chain's goal is to enhance on-chain liquidation. This program will run as a trial for three months and may be adjusted based on community feedback.

Projects listed on three types of centralized exchanges will receive corresponding rewards. Tier 1: Binance, Coinbase, Upbit, up to 500,000 USD. Tier 2: Kraken, Bybit, OKX, up to 250,000 USD. Tier 3: Bitget, MEXC, Gate.io, Kucoin, Crypto.com, 10,000 USD per exchange, up to 50,000 USD. A project can receive up to 800,000 USD if it meets all three categories.

Requirements for receiving rewards include: Token must be a new Token, 100% belonging to BNB Chain, minimum release time of 48 hours, with a market value of at least 5 million USD, having at least 10,000 holding addresses, and a medium daily trading volume of at least 1 million USD. Rewards will be announced on BNB Chain's official Twitter, and fraudulent behavior will lead to exclusion from the reward list. The first person to report evidence of fraud will receive a reward worth 10,000 USD.

BNB Chain is committed to building an ecosystem and providing the community with a more transparent and efficient cryptocurrency trading environment. This information is only intended to provide market information and is not investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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