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