Dubai, UAE, April 18th, 2025,
Chainwire
BNB Chain, the community-driven
blockchain ecosystem, is updating its
$100M Incentive Program following community feedback from its
three-week pilot phase. The program will now have a direct token
acquisition method to better support high-quality BNB Chain-native
assets.
The BNB Chain Foundation will directly purchase a minimum of
$100,000 USD worth of tokens from qualifying projects. These
purchases will be made via this wallet address:
0x511DfE9E248c887E32ca8bF9d1cb76f101965060. Results and
announcements will be shared weekly on BNB Chain’s official
X account.
This upgrade marks a shift from the original listing-based
incentive model toward a more flexible and impactful approach that
directly supports projects showing real on-chain activity and
ecosystem value. The updated program enables the BNB Chain
Foundation to invest directly in selected native tokens that meet
the criteria.
To qualify for the program, assets must be 100% native to BNB
Chain and meet specific on-chain performance and security
standards. This includes on-chain data requirements for
trading-driven assets, including a minimum market capitalization of
$1 million, having at least 300 daily active traders, and an
average daily trading volume of at least $200,000. TVL-driven
criteria include having a total value locked (TVL) of at least $20
million, which is evaluated by the growth of the protocol’s
TVL.
Security requirements include that the top 10 external EOA
(externally owned accounts) addresses must collectively hold no
more than 10% of the total token supply, excluding centralized
exchange wallets or CZ-known wallets. The project must verify its
token contract on BscScan or pass a security audit. The project
will be evaluated across multiple dimensions to identify any
potential financial or contractual risks. Projects are also
encouraged to lock or release their tokens in stages.
This enhanced incentive program reflects BNB Chain’s ongoing
commitment to supporting builders and creating sustainable value
across its ecosystem. For the latest program updates, follow BNB
Chain on X.
About BNB Chain
BNB Chain is a community-driven
blockchain ecosystem that is removing barriers to Web3 adoption. It
is composed of:
- BNB Smart
Chain (BSC): A secure DeFi hub with
the lowest gas fees of any EVM-compatible L1; serves as the
ecosystem’s governance chain.
- opBNB:
A scalability L2 that delivers some of the lowest gas fees of any
L2 and rapid processing speeds.
- BNB
Greenfield: Meets decentralized storage needs for the
ecosystem and lets users establish their own data
marketplaces.
Setting a high bar for security, the AvengerDAO community protects BNB
Chain users while Red Alarm
provides a real-time risk scanner for Dapps. The ecosystem also
offers a range of monetary and ecosystem rewards as part of its
Builder
Support Program.
For more, follow BNB Chain on X or
start exploring via Dapp library.
Contact
BNB
Chain
press@bnbchain.org
