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.