According to the BNB Chain blog, BNB Chain announced the launch of the fourth “Total Locked Value (TVL) Reward Program”, which aims to promote the growth of the DeFi ecosystem on BNB Chain. The competition will be held from September 10 to October 9, 2024.
The fourth phase of the “Total Locked Value (TVL) Reward Program” includes:
- BNB Staking Challenge: A $100,000 prize pool is provided to DeFi projects that increase their BNB staking. The top three performers will receive $50,000, $30,000, and $20,000 respectively.
- TVL Challenge: A $200,000 prize pool for projects deployed on opBNB or BSC after January 1, 2023. The prize pool will be gradually released based on the total TVL growth.
