Massive $100 Million Plan Unleashed to Boost BNB Chain Cryptos
BNB Chain, Binance's blockchain ecosystem, has just unveiled a $100 million program to boost liquidity for its native tokens on major exchange platforms.
Supporting Liquidity to Boost the BNB Ecosystem
After two initial rounds that unlocked $4.4 million in liquidity, the BNB Chain is reaching a new milestone with this $100 million program. The goal? To reward projects reaching key listing milestones on major centralized exchanges like Binance, Coinbase, or Upbit.
“In Round 1, we supported major memecoins with $2.2 million in permanent liquidity. In Round 2, we opened it up to all sectors doubling the pool to $4.4 million. Now, Round 3 builds on this momentum – with a new structure focusing on CEX listings and covering all sectors,” explained the BNB Chain X account.
Tailored Incentives for Each Exchange Level
The program is structured into three categories or reward levels:
- Tier 1: up to $500,000 for tokens listed on Binance, Coinbase, and Upbit
- Tier 2: up to $250,000 for listings on Kraken, Bybit, and OKX
- Tier 3: up to $50,000 for projects on Bitget, MEXC, Gate.io, KuCoin, and Crypto.com
Eligibility criteria include requirements such as the tokens being 100% native to the BNB Chain, never been listed before, and achieving thresholds in market capitalization, number of holders, and daily trading volume.
Boosting Long-Term Adoption
This $100 million program is part of a strategy to support the long-term growth of the BNB ecosystem. After a three-month testing phase, it is expected to continue over time, pending a positive evaluation of its performance.
By focusing specifically on listings on major exchanges, BNB Chain aims to accelerate the visibility and adoption of its native tokens among a wider audience. This is a way to energize its entire crypto ecosystem, from memecoins to DeFi applications and games.
Gaston Cuny
Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.
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This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
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