Changpeng Zhao plans BNB liquidity boost, snubs token sends
The post Changpeng Zhao plans BNB liquidity boost, snubs token sends appeared on BitcoinEthereumNews.com.
Former Binance CEO Changpeng Zhao has announced plans to support the BNB Chain ecosystem by providing liquidity to weekly program winners while firmly addressing attempts to gain his attention through token donations. In an X post on Feb. 28, Zhao stated he will add “a few hundred BNB (BNB) in liquidity” to BNB Chain weekly winners until his allocated funds are depleted. He noted that program administrators will likely expand eligibility beyond meme tokens to include larger market cap projects and additional sectors. From this address 👇, I will add a few hundred BNB in liquidity to the BNBChain weekly winners until no funds are left. This helps the BNB ecosystem.https://t.co/RQGR2JFGlV They will likely adjust the rules to accommodate larger cap tokens and cover more sectors (not just… https://t.co/6m3nzsbBxl — CZ 🔶 BNB (@cz_binance) February 28, 2025 The initiative aligns with the BNB Chain Meme Liquidity Support Program launched on Feb. 18. This program highlights top meme coins by adding permanent BNB liquidity to winning projects’ pools from the BNB Chain Foundation’s wallet. Eligible tokens must be natively launched on BSC through approved platforms including Four.meme, Burve, Gra.Fun, PinkSale, Flap, TokenFi, Beeper, HoloworldAI, and PancakeSwap’s SpringBoard. Zhao: Tokens sent will be left or burned Zhao’s announcement came with a pointed warning to those attempting to send tokens to his address, hoping for a response. “If you send funds to this address with the expectation that I will send them back so that you have a linked transaction or interaction with me, then you are greedy,” he stated. The former exchange head explained that returning such tokens would create unnecessary work and encourage more opportunistic sends. Instead, Zhao plans to either leave the tokens untouched or burn them. “I will not endorse any tokens,” he emphasized. Zhao also briefly considered converting…
Filed under: News - @ March 1, 2025 1:20 pm