• With up to 50,000 BNB up for staking, this campaign drives the growth of the DeFi ecosystem, integrating direct incentives for innovative protocols .
CAMPAIGN OVERVIEW
• Compete: Increase your staked BNB and TVL to stand out.
• Rank: Improve across key metrics like absolute growth, percentage increases, and protocol security.
• Earn Rewards: Top 5 receive BNB delegation in support, with a maximum of 20,000 BNB per protocol for 1-3 months.
• This dynamic rewards exceptional performance and security in protocol management.
BENEFITS FOR PROGRAM PARTICIPANTS
• BNB Chain will provide BNB delegation support to the Top 5 performing protocols, amounting to up to 5% of the incremental TVL (staked BNB only) achieved during the campaign. This staking support will be up to 20,000 BNB per protocol, and 50,000 BNB in total.
• To qualify for Delegation Support, the top 5 protocols must meet the following benchmarks :
🛡️ Completion of at least 2 security audits by the end of competition period
🏦 Achieving a minimum of $10 million in Total Value Locked (TVL)
🛡️ Security & risk management review by BNB Chain Foundation
• By meeting requirements such as security audits and a minimum of $10 million in TVL, the protocols project a strong image of trustworthiness, which can attract both new users and large institutions interested in collaborating.
COMPETITION RULES
• Qualified participants will be ranked based on 4 indicators and their weights, and the top 5 protocols will receive delegation support of up to 5% of their staked BNB increments.
• FOR EXAMPLE :
🔸 If Project A secures 1st place with an increase of 200,000 BNB in staked BNB, it should qualify to receive 5% of the increase, which is 10,000 BNB as Delegation support.
🔸 In another example, If Project B achieves 1st place with an increase of 450,000 BNB in staked BNB, it should qualify for 5% of the increase, amounting to 22,500 BNB. However, due to the cap, it will receive a maximum of 20,000 BNB in Delegation support.
📝 Please note that the final allocation of BNB Delegation support among the Top 5 protocols will be evaluated based on the overall performance and security/risk management measures of each protocol.
🔸
@BNB Chain 🔸 Registration is open: from January 15 to the end of the competition on February 21, 2025.
🔸 Thanks to the entire community for their support 🤝🐯🧡 ...