{"id":125727,"date":"2025-03-24T21:25:09","date_gmt":"2025-03-24T21:25:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125727"},"modified":"2025-03-24T21:25:09","modified_gmt":"2025-03-24T21:25:09","slug":"bnb-chain-launches-100m-liquidity-program","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125727","title":{"rendered":"BNB Chain launches $100M liquidity program"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBNB Chain (BNB) has launched a $100 million program designed to bootstrap liquidity for its native projects on centralized exchanges (CEXs).<br \/>\nThe 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 to a March 24 announcement.<br \/>\nThe 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<br \/>\nBNB 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 and other ecosystem projects.\u00a0<br \/>\nRewards vary based on the prominence of the exchange listing. Source: BNB ChainThe 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<br \/>\nOnly 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<br \/>\nThe 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.<br \/>\nIn 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.<br \/>\nChains by TVL. Source: DeFILlamaRelated: Binance CEO reiterates denial of Trump family deal talks<br \/>\nLagging competitors<br \/>\nBNB Chain has a total value locked (TVL) of approximately $5.4 billion, according to data from DefiLlama.\u00a0<br \/>\nIt 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<br \/>\nBNB Chain is affiliated with Binance, the world\u2019s largest cryptocurrency exchange.\u00a0<br \/>\nIn 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.<br \/>\nFormer Binance CEO Changpeng \u201cCZ\u201d Zhao has denied many of the reports\u2019 claims, including any suggestion that a deal was contingent on Trump pardoning Zhao following his conviction on charges of violating the Bank Secrecy Act.<br \/>\nIn 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.<br \/>\nMagazine: Trump\u2019s crypto ventures raise conflict of interest, insider trading questions<a href=\"https:\/\/cointelegraph.com\/news\/bnb-chain-launches-100m-liquidity-program?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBNB Chain (BNB) has launched a $100 million program designed to bootstrap liquidity for its native projects on centralized exchanges (CEXs). The network is allocating $100 million in&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125727"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125727"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125727\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125727"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}