BNB Chain launches a 100 million USD liquidity program

BNB Chain has launched a liquidity incentive program worth 100 million USD to support projects using this blockchain to list on centralized exchanges (CEX). The goal of the program is to enhance liquidity for projects on BNB Chain.

Program details

• BNB Chain will allocate 100 million USD, primarily in the form of BNB tokens, to incentivize projects to list on 11 major exchanges designated by BNB Chain.

• The program follows a “first come, first served” principle and has a trial period lasting three months.

• Projects that meet the criteria, including a minimum market capitalization of 5 million USD, a daily trading volume of at least 1 million USD, and a minimum of 10,000 holders, will qualify to participate.

• Projects listed on major exchanges like Binance and Coinbase can receive the highest liquidity portion, up to 500,000 USD permanently locked.

• Rewards may include non-withdrawable BNB liquidity or the purchase of project tokens to create two-way liquidity.

The program aims to promote the BNB Chain ecosystem. Two smaller incentive rounds, each worth 4.4 million USD, were launched in February and March.