BNB Chain TVL Incentive Program

Each project will undergo a verification process to ensure it meets the enrollment requirements. If a project fails to meet these standards, it will be removed from the program.

Open from September 5th until the end of the event, projects that have already registered during TVL#3 do not need to register again and will automatically participate in TVL#4.

Projects can apply for the challenges they want to participate in according to their needs. Projects that meet the competition requirements can also sign up for two challenges at the same time, but can only receive one reward in the end and cannot win the award repeatedly. The highest reward will be issued.

Part A

1. The Score = ( Increment BNB Locked Ranking * 80%) + ( Liquid staking BNB locked Ranking * 20%)
2. The baseline BNB Locked is calculated based on the average daily BNB Locked for the 7 consecutive days leading up to the event announcement date.
3. Incremental BNB Locked per project = the project’s average daily BNB Locked for the last 7 straight days of that event epoch - baseline BNB Locked.

Part B

1. The Score = (Incremental TVL Ranking * 50%) + (Incremental Stablecoins Ranking * 30%) + (Incremental BNB Locked Ranking * 20%)
2. The baseline TVL/stablecoins locked/BNB locked is calculated based on the average daily TVL/stablecoins locked/BNB locked for the 7 consecutive days leading up to the event announcement date.
3. Incremental TVL/stablecoins locked/BNB locked per project = the project’s average daily TVL/stablecoins locked/BNB locked for the last 7 straight days of that event epoch - baseline TVL/stablecoins locked/BNB locked.
4. Note: TVL derived from a project’s governance token is excluded.

We encourage projects to reinvest the rewards from this program into further building and expanding their TVL on BNB Chain, driving long-term growth and success.

Rewards are distributed in BNB.

The BNB Chain core team will use the real-time BNB token exchange rate on the distribution day.

Rewards will be distributed in 2 batches

1. 50% of the rewards will be distributed within 2 weeks after the end of each epoch to the BEP20 wallet address provided by the participant in the application form.
2. Part A: When the event ends, the winner needs to keep his BNB Locked for one month until November 20th (BNB Locked reduction <15%), and the remaining 50% of the reward will be distributed to the project’s wallet address around November 29th.
3. Part B: When the event ends, the winner needs to keep his TVL for one month until November 20th (TVL reduction <15%), and the remaining 50% of the reward will be distributed to the project’s wallet address around November 29th.

Eligible projects must comply with security requirements and address any high-risk issues within 2 weeks of notification by the BNB Chain core team.