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Reading: BNB Launches Exciting $100 Million Liquidity Incentive for Promising Altcoins
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COINTURK NEWS > Binance Coin (BNB) > BNB Launches Exciting $100 Million Liquidity Incentive for Promising Altcoins
Binance Coin (BNB)

BNB Launches Exciting $100 Million Liquidity Incentive for Promising Altcoins

In Brief

  • BNB's $100 million liquidity incentive is designed to support promising projects.

  • Five selected altcoins will share a total of $2.3 million in liquidity support.

  • Rewards will be distributed within the week, with more opportunities ahead.

Ömer Ergin
Ömer Ergin 2 months ago
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Recently, BNB announced a $100 million liquidity incentive campaign, with details now revealed. In the first round, five projects have been selected to receive liquidity support according to previously announced criteria. This campaign will not be limited to these five projects and is set to continue up to $100 million.

Five Altcoins Supported by BNB

The $100 million liquidity incentive was launched on March 24, marking a significant step towards revitalizing the community. Following the turmoil caused by junk tokens on the Solana $172 network, BNB has taken a different approach to support new projects on the network. After a thorough review process, it was decided that five projects would share the liquidity incentive pool of $100 million.

  • KiloEX(KILO)
  • MUBARAK
  • CZ’S Dog BROCCOLI714
  • Tutorial (TUT)
  • Banana For Scale (BANANAS31)

A total of $2.3 million in liquidity support will be distributed. BANANAS31 received the largest support of $510,000. Although KILO is listed on many exchanges, it qualified for only $290,000 in incentives due to limited listings on top-tier exchanges.

The details of the liquidity incentive can be seen above.

“Please remember that liquidity support rewards will be distributed within this week. For the latest updates, please check the official Twitter.”

“This is just the beginning. Those who have received liquidity support rewards can still earn by getting listed on more CEX platforms. If you haven’t received a reward yet, don’t worry; the opportunity is still open. We look forward to seeing you in the next batch!” – BNB Announcement

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 2 April, 2025 - 4:18 pm 2 April, 2025 - 4:18 pm
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