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(Updated) BNB Chain DAU Incentive Program- Up to $200,000 in BNB To Be Won!

2024.3.24  •  3 min read
Blog post image.

We’ve recently made an update to the DAU Incentive Program.

To support the development of outstanding projects on BNB Chain, we are committing up to 200,000 USD in BNB tokens as a reward under the DAU Incentive Program. 

The prize pool will now be dynamic, unlocking higher pools based on the Increment DAU (Daily Active Users) of all participants during the event period, with a maximum prize pool of $200,000:

Level

The total number of Increment DAU for all participants.(Not deduplicated)

Dynamic Rewards Pool Unlocked 

Tier 1

100K~300K

$50,000

Tier 2

300K~500K

$150,000

Tier 3

500K~

$200,000

For example, if user A joined project A & B that qualify for the DAU Incentive program, the total DAU increase is 2.

Key Dates

Period

Dates

Application

2024.4.24-2024.4.30  23:59 UTC

Competition

2024.5.1 00:00 UTC -2024.5.31 23:59 UTC

Announcement of winners

2024.6.1

Rewards

Participants will receive rewards based on the comprehensive ranking of the 3 dimensions of average DAU, Increment DAU and Gas Fee during the event.

The rewards will be distributed as follows:

Weight ratio

Components

Weightage

Average DAU

40%

Increment DAU

40%

Gas Fee Increment

20%

Rewards Structure

Rank

Reward per participants

1

40% of the dynamic rewards pool unlocked

2

30% of the dynamic rewards pool unlocked

3

15% of the dynamic rewards pool unlocked

4

10% of the dynamic rewards pool unlocked

5

5% of the dynamic rewards pool unlocked

Take a $200,000 prize pool for example, we can expect the following reward distribution:

1

$80,000

2

$60,000

3

$30,000

4

$20,000

5

$10,000

Who Can Participate

  • Projects deployed on the opBNB mainnet.
  • Projects deployed on BSC from January 1, 2023.
  • Maintain an average of at least 10 Daily Active Users (DAU) in the last 7 days leading up to the application.
    • For new projects deployed in April, the baseline DAU is 0.
  • Complete at least 1 security audit.

Project applications must be submitted via the provided application form by April 30.

Further Details

Score= Ranking of average DAU 35%+ Ranking of Increment DAU x 30%+ Ranking of Gas Fee Increment x 35%

The increment in gas fee = average gas fee during the event - average gas fee for the 7 days before the announcement.

This DAU incentive program applies to opBNB and BSC networks. Projects, regardless of the network they are deployed on, will be ranked based on these three dimensions.

Regarding Increment DAU calculation:

Baseline:

  • opBNB: Average DAU in the 7 days before the announcement
  • BSC: Average DAU in the 7 days before the announcement

Increment DAU = Average DAU during the activity period - Baseline

When project A is deployed on both opBNB and BSC, they will enter the competition separately, and the data will be counted separately. If project A deployed on both chains is in the top 5, they will receive the higher-ranking reward, and the other cannot duplicate the award. The next ranking project will take its place.

Terms and Conditions

  • This DAU incentive program will focus on opBNB and BSC.
  • We will announce the leaderboard on Twitter on May 1st, and participants can check their ranking here.
  • Reward distribution:
  • The BNB rewards (50%) will be sent to the participant's BEP20 wallet address within 3 weeks after each epoch concludes.
  • Winners must maintain their average DAU until the next calendar month, seeing reductions of less than 15%. The remaining 50% of the reward will be distributed to the project's wallet address by the next calendar month.
  • The BNB Chain core team will use the real-time BNB token exchange rate on the distribution day.
  • If you have any questions about this, please contact us in our discords’s #Incentive group, and we will reply to your message within 12 hours.
  • We will announce the new DAU incentive program after the end of this period. The community can follow our official Twitter for the latest information.
  • The BNB Chain core team reserves the right to disqualify the projects that are deemed to be wash trading or using illegal bulk wallet addresses, self-dealing, or displaying attributes of market manipulation, etc.
  • The BNB Chain core team reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reason without prior notice.
  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Disclaimer: Participation in the BNB Chain DAU Incentive Program is completely optional. Applicant projects that are found eligible are required to agree to additional terms and conditions to benefit from the program. We do not and cannot control activity and data on the BNB Chain or the activities that community participants may develop using BNB Chain, which is a public, decentralized and permissionless blockchain. Participation in the BNB Chain DAU Incentive Program by any third-party project should not be construed as a recommendation, vetting, or endorsement of such third-party projects by us, or any other affiliated entity.

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