{"id":18865,"date":"2025-03-24T21:01:45","date_gmt":"2025-03-24T21:01:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18865"},"modified":"2025-03-24T21:01:45","modified_gmt":"2025-03-24T21:01:45","slug":"bnb-chain-launches-100m-liquidity-program","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18865","title":{"rendered":"BNB Chain launches $100M liquidity program"},"content":{"rendered":"
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\"BNB<\/p>\n

BNB Chain (BNB<\/a>) has launched a $100 million program designed to bootstrap liquidity for its native projects on centralized exchanges (CEXs).<\/p>\n

The network is allocating $100 million in incentives, primarily in the form of its native BNB tokens, to projects that successfully list on any of 11 major CEXs specified by BNB Chain, according<\/a> to a March 24 announcement.<\/p>\n

The program aims to \u201cfurther enhance BNB Chain\u2019s ecosystem liquidity and foster project growth by incentivizing exchanges to list native BNB Chain tokens,\u201d the chain said in the statement.\u00a0<\/p>\n

BNB Chain previously launched two smaller liquidity incentive programs, allocating two tranches of $4.4 million in February and March to incentivize CEX listings for memecoins<\/a> and other ecosystem projects<\/a>.\u00a0<\/p>\n

\"BNB
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Rewards vary based on the prominence of the exchange listing. Source: <\/em>BNB Chain<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

The network\u2019s latest liquidity incentive program will be executed on a first-come, first-served basis and will initially run for a three-month trial period, it said.\u00a0<\/p>\n

Only projects with at least a $5 million market capitalization and $1 million in daily trading volume are eligible, among other criteria, BNB Chain said.\u00a0<\/p>\n

The largest rewards \u2014 $500,000 in permanent liquidity \u2014 are reserved for projects that list on major CEXs such as Binance and Coinbase, it said.<\/p>\n

In some cases, rewards will be limited to non-withdrawable BNB token liquidity and in others, they will also include purchases of project tokens to create two-sided liquidity, according to BNB Chain.<\/p>\n

\"BNB
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Chains by TVL. Source: <\/em>DeFILlama<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

Related: <\/strong><\/em>Binance CEO reiterates denial of Trump family deal talks<\/strong><\/em><\/a><\/p>\n

Lagging competitors<\/h2>\n

BNB Chain has a total value locked (TVL) of approximately $5.4 billion, according<\/a> to data from DefiLlama.\u00a0<\/p>\n

It ranks fourth among blockchain networks in TVL, lagging behind leading smart contract platforms Ethereum and Solana, with TVLs of about $46 billion and $7 billion, respectively, according to DefiLlama.\u00a0<\/p>\n

BNB Chain is affiliated with Binance, the world\u2019s largest cryptocurrency exchange.\u00a0<\/p>\n

In March, The Wall Street Journal reported that entities affiliated with US President Donald Trump were in talks to buy Binance.US, an independently-operated US crypto exchange.<\/p>\n

Former Binance CEO Changpeng \u201cCZ\u201d Zhao has denied many of the reports\u2019 claims<\/a>, including any suggestion that a deal was contingent on Trump pardoning Zhao following his conviction on charges of violating the Bank Secrecy Act. <\/p>\n

In 2023, Binance agreed to pay a $4.3 billion penalty and for Zhao to plead guilty to one count of violating the Bank Secrecy Act for shortcomings in Binance\u2019s Anti-Money Laundering program.<\/p>\n

Magazine: <\/strong><\/em>Trump\u2019s crypto ventures raise conflict of interest, insider trading questions<\/strong><\/em><\/a><\/p>\n