BNB Chain launches $100M liquidity program

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BNB 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 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.

The program aims to “further enhance BNB Chain’s ecosystem liquidity and foster project growth by incentivizing exchanges to list native BNB Chain tokens,” the chain said in the…



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BNB Chain launches $100M liquidity program


BNB 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 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.

The program aims to “further enhance BNB Chain’s ecosystem liquidity and foster project growth by incentivizing exchanges to list native BNB Chain tokens,” the chain said in the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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