PANews reported on March 24 that according to the official announcement, in order to continue to express gratitude to community users for their support, after the first two rounds of $4.4 million in liquidity activities, BNB Chain announced today that it will launch a new $100 million permanent liquidity support plan. By incentivizing the listing of BNB Chain native project tokens within the ecosystem, it will increase on-chain liquidity and jointly create long-term value for the industry.
The activity starts today and will be trial-run for 3 months, and will be adjusted based on community feedback. BNB chain native tokens listed on the following three types of centralized exchanges will receive corresponding rewards. The exchange ranking is based on CMC spot ranking and standards:
- Category 1: Listing on any of Binance, Coinbase, or Upbit will earn you a maximum reward of $500,000.
- The second category: Kraken, Bybit, and OKX. Listing on any of them will earn you a maximum reward of $250,000.
- The third category: Bitget, Mexc, Gate.io, Kucoin, Crypto.com, each online company can receive a reward of 10,000 US dollars, up to a maximum of 50,000 US dollars.
Each project can obtain rewards repeatedly, and a single project can receive up to $800,000 in liquidity rewards for meeting three categories.
Winning requirements: 100% of the tokens must be BNB Chain native tokens. Tokens that have been listed on exchanges before the event announcement are not eligible for the prize. The token issuance time must be more than 48 hours to be eligible for the prize.
Basic on-chain requirements: market value of not less than 5 million US dollars, number of coin holding addresses of not less than 10,000, average daily on-chain transaction volume of not less than 1 million US dollars, chip distribution, etc.
The final rewards will be distributed in the form of permanent liquidity. Before the rewards are distributed, BNB Chain will announce the reward list on the official Twitter account for community review. Cheating behavior will be disqualified. The first user to provide evidence of cheating will receive a BNB Chain reward worth US$10,000.
BNB Chain continues to increase its investment and is committed to continuing to build the ecosystem and thank the community with more feedback, providing users with a more transparent and liquid on-chain world.