BNB Chain has officially announced the first wave of recipients under its $100 million liquidity incentive program. Designed to strengthen the ecosystem and support new, promising tokens, the campaign’s initial stage will allocate $2.3 million in liquidity incentives across five selected projects.
This strategic initiative was launched on March 24 following concerns about token quality on rival networks like Solana. Rather than letting market sentiment degrade, BNB Chain is doubling down on quality by hand-picking emerging projects to energize its community.
Meet the First Five Projects Securing BNB Support
The five altcoins chosen to receive early support include:
KiloEX (KILO) – $290,000
MUBARAK – $460,000
CZ’S Dog (BROCCOLI714) – $390,000
Tutorial (TUT) – $650,000
Banana For Scale (BANANAS31) – $510,000
Among them, BANANAS31 received the highest share at $510,000, reflecting growing enthusiasm around its ecosystem potential. Although KILO is listed on several exchanges, it received a relatively smaller grant due to its limited presence on top-tier platforms.
According to Dey There, the rewards are expected to be distributed within the week, and BNB Chain has confirmed that more waves of support will follow. Projects that did not make the first cut are still encouraged to participate in upcoming rounds.
BNB Chain: “This Is Just the Beginning”
In an official post, BNB Chain emphasized that these grants are only the beginning. The full $100 million liquidity fund remains open to additional projects that meet the network’s standards. Importantly, previously selected projects can continue to earn rewards through further exchange listings and community growth.
“Don’t worry if you weren’t selected this time—we’re still looking. We hope to see your project in the next round,” the BNB announcement concluded.
The move underscores BNB’s commitment to fostering a sustainable and vibrant DeFi ecosystem, especially in contrast to the over-saturation of low-quality tokens on competing chains.
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