The post BNB Chain Tightens Access to Its $100M Project Fund appeared on BitcoinEthereumNews.com.

BNB Chain shifts to direct token purchases to boost ecosystem growth and liquidity. Projects must meet strict rules as BNB Chain tightens its incentive program. BNB Chain’s $100 million incentive program is now undergoing a major overhaul. Instead of providing encouragement through token listings on traditional exchanges, they are now switching to a model of directly purchasing tokens from projects that are deemed worthy. The reason is simple—after three weeks of evaluation, the old approach turned out to be less liquid and did not make the ecosystem more vibrant. The BNB Chain Foundation will disburse a minimum of $100,000 in tokens from each eligible project. They have a number of strict requirements that must be met in order to get the funds. For example, trading-based projects must have a minimum market cap of $1 million, a minimum daily volume of $200,000, and at least 300 daily active traders. Meanwhile, those based on TVL must have a value of US$20 million. 🚨JUST IN: @BNBCHAIN INTRODUCES UPGRADE TO $100M INCENTIVE PROGRAM — BSCN Headlines (@BSCNheadlines) April 18, 2025 Healthy Projects Only: BNB Chain Sets the Standard Security and transparency are also a top priority. The ten largest accounts (except exchange wallets and CZ’s) are not allowed to hold more than 10% of the total token supply. Token contracts must also be verified on BSCScan or at least have passed a security audit. Token distribution must also be carried out in stages. The point is, projects that want to join must be serious and have a healthy structure. On the other hand, CNF previously reported that BNB Chain has also integrated the JUSD stablecoin, which is backed by US money market assets. This stablecoin promises easy redemption 24/7, without drama. Jiritsu Network also oversees its transparency with zkMPC technology, ensuring that its reserves…

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Filed under: News - @ April 19, 2025 7:30 am