BNB Chain’s $100 million incentive plan is fully upgraded to directly buy coins to support ecological development

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PANews
04-18
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PANews reported on April 18 that after a 3-week trial of the "listing rewards liquidity" mechanism, BNB Chain's $100 million plan has launched a "direct token purchase" mechanism based on community feedback, aiming to support ecological projects in a more comprehensive and direct manner.

The plan targets native or cross-chain assets on BNB Chain, and projects from various tracks that meet the following on-chain data and security requirements have the opportunity to receive at least $100,000 in purchases.

For transaction-driven assets: market capitalization ≥ $1 million; average daily traders ≥ 300; average daily trading volume ≥ $200,000

For TVL-driven assets: total locked value (TVL) ≥ $20 million; with protocol TVL growth as the core assessment standard

Security requirements: top 10 external account (EOA) holdings must not exceed 10% of total supply (excluding CEX and CZ-related wallets); projects must complete contract verification on BscScan or pass a security audit, and undergo multiple risk assessments.

The BNB Chain Foundation will select targets from the qualified project pool, purchasing through the foundation's wallet address, with random purchase times, and will announce transactions through official accounts after completion. BNB Chain Foundation's acquisition address is 0x511DfE9E248c887E32ca8bF9d1cb76f101965060

The upgraded $100 million incentive plan demonstrates BNB Chain's firm commitment to supporting builders and creating long-term value for the ecosystem during market fluctuation cycles.

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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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