BNB Chain TVL Incentive Program #5 Concludes with Delegation Support

The fifth iteration of the TVL Incentive Program successfully concluded on March 21. Designed to allocate up to 5% of each protocol's incremental staked BNB as Delegation Support, the TVL Incentive Program is an initiative to empower restaking protocols as well as LRT (liquid restaking) and LST (liquid staking)  across the network.

The program aims to catalyze sustainable growth of liquid (re)staking by directly incentivizing protocol-level participation, strengthening BNB Chain's infrastructure for restaking solutions used by distributed validator networks (DVN) to empower next gen AI networks, DEPIN projects, decentralized bridges and other networks utilizing restaking to secure their networks.

Top 5 of the Competition

All qualified participants will be ranked according to these 4 indicators and weights, and the top 5 protocols will receive Delegation Support up to 5% of their staked BNB increments (Data Detail）.

About Reward Distribution

• Delegation Support Assets: BNB or WBNB
• Time for reward distribution: The rewards will be distributed within 10 days after the announcement. Please follow our official X for the latest status.
• Delegation Support Duration: 1 to 3 months. We will evaluate each protocol based on its overall performance and security/risk management measures. Once the assessment shows high risk, such as hacker attacks or contracts showing high risks, we will withdraw this support in a timely manner.

We are also thinking about how to optimize this program. If you have any good suggestions, please feel free to let us know and make BNB Chain great together!

Related Materials:

• BNB Executive TVL Incentive Program: Win Up to 50,000 BNB Delegation Support: https://www.bnbchain.org/en/blog/bnb-executive-tvl-incentive-program-win-up-to-50-000-bnb-delegation-support
• Landing page: https://www.bnbchain.org/en/programs/tvl-incentive

Disclaimer:

Participation in the BNB Chain TVL 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 TVL Incentive Program by any third-party project should not be perceived as a recommendation, vetting, or endorsement of such third-party projects by BNB Chain, or any other affiliated entity.