Dubai, UAE, April 17th, 2025,
Chainwire
BNB Chain, the community-driven
blockchain ecosystem, today announced its Delegation Support for
the fifth iteration of its TVL Incentive Program, which concluded
on March 21, 2025. This initiative was launched to support and
accelerate innovation in decentralized finance and the broader
restaking ecosystem. By allocating up to 5% of each protocol’s
incremental staked BNB as Delegation Support, the program plays a
key role in driving protocol-level growth and reinforcing BNB
Chain’s DeFi infrastructure.
The TVL Incentive Program is designed to catalyze sustainable
growth across liquid (re)staking protocols by providing direct,
performance-based incentives. Through this effort, BNB Chain
continues to promote a more secure, scalable, and resilient DeFi
environment. All qualified participants were evaluated using a
weighted set of metrics to determine their final rankings, with the
top five protocols earning Delegation Support.
KernelDAO secured the top position and was awarded 3956 BNB in
Delegation Support. Astherus followed and received 3512 BNB, while
YieldNest was third and was allocated 97 BNB. Tranchess, which came
fourth, received 149 BNB, and Lista-DAO, which came fifth, was
awarded 1704 BNB. Each protocol’s reward was calculated according
to its respective performance tier, ranging from 1% to 5% of the
incremental staked BNB.
The reward assets will be distributed in BNB within 10 days
following this announcement. Delegation Support will remain active
for a period of one to three months, depending on each protocol’s
overall performance and adherence to robust security and risk
management practices. In cases where a protocol is assessed to
present a high level of risk, such as exposure to security threats
or contract vulnerabilities, BNB Chain reserves the right to
withdraw Delegation Support in a timely and responsible manner.
As BNB Chain continues to strengthen its support for the DeFi
ecosystem, efforts are underway to optimize the TVL Incentive
Program to deliver greater value to participating projects. BNB
Chain welcomes suggestions and feedback
from the community to help evolve this initiative further and
contribute to BNB Chain’s mission of onboarding the next billion
Web3 users.
Users can learn more about the TVL Incentive Program
here or view the full details on the BNB Chain
website.
About BNB Chain
BNB
Chain is a community-driven blockchain ecosystem that is
removing barriers to Web3 adoption. It is composed of:
- BNB Smart
Chain (BSC): A secure DeFi hub with
the lowest gas fees of any EVM-compatible L1; serves as the
ecosystem’s governance chain.
- opBNB:
A scalability L2 that delivers some of the lowest gas fees of any
L2 and rapid processing speeds.
- BNB
Greenfield: Meets decentralized storage needs for the
ecosystem and lets users establish their own data
marketplaces.
Setting a high bar for security, the
AvengerDAO community protects BNB
Chain users while Red Alarm
provides a real-time risk-scanner for Dapps. The ecosystem also
offers a range of monetary and ecosystem rewards as part of its
Builder
Support Program.
For more, users can follow BNB Chain on X or
start exploring via the Dapp library.
Contact
BNB
Chain
press@bnbchain.org
