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BNB Chain has launched a new $100 million Permanent Liquidity Support Program, rewarding the native tokens within the ecosystem of the top ten trading platforms.

2 days ago

On March 24th, with the continuous intention to express gratitude to the community users for their support. Following the previous two rounds of liquidity events totaling $4.4 million, BNB Chain announced the launch of a new "USD 100 million Permanent Liquidity Support Plan" today. The purpose of this plan is to increase the on-chain liquidity of BNB Chain native project tokens through incentives, jointly creating long-term value for the industry. The event began today and will run for a trial period of 3 months, with adjustments made based on community feedback. By listing the native BNB Chain tokens of the following three categories of centralized exchanges, corresponding rewards can be obtained. The exchange ranking is based on the CMC spot rankings and standards: Category One: Binance, Coinbase, Upbit. Listing on any one of them can earn a maximum reward of $500,000. Category Two: Kraken, Bybit, and OKX. Listing on any one of them can earn a maximum reward of $250,000. Category Three: Bitget, Mexc, Gate.io, Kucoin, Crypto.com. Each listing can receive a $10,000 reward, with a maximum of $50,000. Each project can receive rewards multiple times. A single project can obtain a maximum liquidity reward of $800,000 that meets all three categories. Requirements for rewards: The token must be newly issued after the start of the event and must be 100% a native BNB Chain token. The token must have been issued for more than 48 hours to be eligible for rewards. On-chain basic requirements: The market capitalization should not be less than $5 million, the number of holding addresses should not be less than 10,000, and the daily average on-chain trading volume should not be less than $1 million, including chip distribution, etc. The final rewards will be distributed in the form of permanent liquidity. Before distributing rewards, BNB Chain will announce the reward list on its official channel for community verification. Any cheating behavior will disqualify the participant. The first user to provide evidence of cheating feedback will receive a $10,000 BNB Chain reward. BNB Chain continues to make efforts and is committed to building the ecosystem with more feedback and gratitude to the community, providing users with a more transparent and liquid on-chain world.
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