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BNB Chain has announced the launch of the TVL#4 Incentive Program, aimed at accelerating the growth of DeFi ecosystems on BNB Chain. With a prize pool of up to $300,000, the program focuses on expanding Total Value Locked (TVL) and staking challenges.Program BreakdownThe TVL#4 Incentive Program is divided into two parts:Part A: BNB Staking Challenge – $100,000 prize poolPart B: TVL Challenge – $200,000 prize poolRegistration Period: September 5, 2024, until the event ends.Part A: BNB Staking Challenge ($100,000)Challenge Period: September 12, 2024 – October 11, 2024Eligibility: Open to DeFi platforms supporting BNB staking.Ranking Criteria: 80% based on incremental BNB locked and 20% based on liquid staking BNB.Reward Structure:Top 1: $50,000Top 2: $30,000Top 3: $20,000Part B: TVL Challenge ($200,000)Challenge Period: September 12, 2024 – October 11, 2024Eligibility: Open to all DeFi projects deployed on opBNB or BSC after January 1, 2023, and has undergone at least one security audit.Dynamic Prize Pool: Based on collective TVL growth, up to $200,000.Reward Structure:Top 1: 40% of the dynamic reward poolTop 2: 30%Top 3: 20%How to ParticipateComplete the registration form for either Part A, Part B, or both, including project name, chain (opBNB or BSC), and Defilama link.