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.

The event is open for registration from January 15th until February 14.

BNB Chain Foundation will stake BNB on the top 5 winning protocols, based on the reward distribution formula.

Ranking of Incremental Staked BNB (absolute ∆): The difference between the staked BNB metric at the start and end of the competition (the latter of which will be measured based on the average of the last 7 days). This metric will be measured for each participating protocol and ranked.

Staked BNB includes all BNB staked, restaked and yield-related derivatives, including LRTs.

Ranking of % Growth Staked BNB (relative ∆): The relative difference, in percentage growth terms, between the staked BNB metric at the start and end of the competition (the latter of which will be measured based on the average of the last 7 days). This metric will be measured for each participating protocol and ranked.

Baseline: Average Staked BNB on the prior 7 days of the competition period

Ranking of % Growth Staked BNB = ([Average Staked BNB the last 7 days of the competition period] - [Baseline staked BNB]) / [Baseline staked BNB]

Staked BNB includes all BNB staked, restaked and yield-related derivatives, including LRTs.

Ranking of Incremental TVL (absolute ∆): The difference between the TVL metric at the start and end of the competition (the latter of which will be measured based on the average of the last 7 days). This metric will be measured for each participating protocol and ranked.

TVL includes all assets.

Ranking of % Growth TVL (relative ∆): The relative difference, in percentage growth terms, between the TVL metric at the start and end of the competition (the latter of which will be measured based on the average of the last 7 days). This metric will be measured for each participating protocol and ranked.

Baseline: Average TVL on the prior 7 days of the competition period

Ranking of % Growth TVL = ([Average TVL the last 7 days of the competition period] - [Baseline TVL]) / [Baseline TVL]

1. Complete at least two security audits by the competition deadline
2. Achieve a minimum of $10 million in Total Value Locked (TVL)
3. Complete a security and risk review by the BNB Chain Foundation