April 24, 2024 –<a href="https://www.bnbchain.world/" rel="noopener noreferrer nofollow"> BNB Chain</a>, the community-driven blockchain ecosystem that includes the<a href="https://twitter.com/nansen_ai/status/1667129159435337728" rel="noopener noreferrer nofollow"> world’s largest smart contract blockchain</a>, today announced the launch for the next phase of its <a href="https://www.bnbchain.org/en/blog/bnb-chain-dau-incentive-program-up-to-200-000-in-bnb-to-be-won" rel="noopener noreferrer nofollow">DAU (Daily Active Users) Incentive Program</a> for projects building on BNB Chain. The program will continue to offer rewards of up to $200,000 USD in BNB tokens to top performing projects building on the DeFi hub, BNB Smart Chain (BSC). This phase will also now be open to projects building on <a href="https://opbnb.bnbchain.org/en" rel="noopener noreferrer nofollow">opBNB</a>, BNB Chain’s ideal blockchain for Dapps that require high transaction frequency, like fully on-chain games. Projects can apply <a href="https://wkf.ms/3QfuaPN" rel="noopener noreferrer nofollow">here. </a>This DAU Incentive Program launch brings the total of cash incentives that BNB Chain has dedicated to accelerating ecosystem growth in the past 30 days to USD $1,850,000. This includes the <a href="https://www.bnbchain.org/en/blog/bnb-chain-tvl-incentive-program-phase-2-prize-pool-of-up-to-160k-for-bsc-projects" rel="noopener noreferrer nofollow">$160,000</a> that’s being committed to the top 5 projects with the highest incremental Total Value Locked, the USD <a href="https://www.bnbchain.org/en/blog/meme-innovation-battle-for-a-prize-pool-of-up-to-1m" rel="noopener noreferrer nofollow">$1 million</a> for qualified participants based on their ranking in total trading volume, market cap, and meme community holders, and the <a href="https://www.bnbchain.org/en/blog/welcome-to-q2-of-the-2024-bnb-chain-hackathon-one-bnb-coding-the-future" rel="noopener noreferrer nofollow">$490,000</a> for the Q2 Hackathon participants. With a focus on ecosystem growth and accelerating the success of projects built on BNB Chain, these incentives complement the myriad of ecosystem growth initiatives including the <a href="https://www.bnbchain.org/en/bsc-mvb-program" rel="noopener noreferrer nofollow">MVB program</a>.The BNB Chain DAU Incentive Program is designed to increase DAU, amplify and reward innovative on-chain games, Artificial Intelligence (AI) projects, social projects, and more built on BSC and opBNB. It also provides the chance to participate in a dynamic and rewarding ecosystem aimed at accelerating growth.Projects that are live on BSC since January 1, 2023 or opBNB are eligible to submit an application to be considered<a href="https://wkf.ms/3QfuaPN" rel="noopener noreferrer nofollow"> here</a> until April 30, 2024. Criteria includes having completed at least one security audit and having an average of at least 10 DAU in the 7-days prior to application.  More details on participation terms and reward allocation can be found<a href="https://www.bnbchain.org/en/blog/bnb-chain-tvl-incentive-program-phase-2-prize-pool-of-up-to-160k-for-bsc-projects" rel="noopener noreferrer nofollow"> </a><a href="https://www.bnbchain.org/en/blog/bnb-chain-dau-incentive-program-up-to-200-000-in-bnb-to-be-won" rel="noopener noreferrer nofollow">here.</a>The $200,000 prize pool will be unlocked based on the increment DAU of all participants during the event period.<ul><li>Tier 1: 100K – 300K total increment DAU for all participants (not deduplicated) &#61; $50,000 rewards pool unlocked</li><li>Tier 2: 300K – 500K total increment DAU for all participants (not deduplicated) &#61; $150,000 rewards pool unlocked</li><li>Tier 3: 500K&#xff5e; total increment DAU for all participants (not deduplicated) &#61; $200,000 rewards pool unlocked</li></ul>Participants will receive rewards based on the ranking of the three dimensions: average DAU, increment DAU, and Gas Fee, during the event.<ul><li>First prize &#61; 40% of the dynamic rewards pool unlocked</li><li>Second prize &#61; 30% of the dynamic rewards pool unlocked</li><li>Third prize &#61; 15% of the dynamic rewards pool unlocked</li><li>Fourth prize &#61; 10% of the dynamic rewards pool unlocked</li><li>Fifth prize &#61; 5% of the dynamic rewards pool unlocked</li></ul>The application period for this phase of the program will run from 24 April to 30 April, 2024 at 23:59 UTC. The competition period will run from 1 May to 1 June, 2024 with 50% of rewards being distributed within 3 weeks of the event concluding. The remaining 50% will be distributed by the following calendar month if the project maintains their average DAU with no more than a 15% reduction.All applications can be made <a href="https://wkf.ms/3QfuaPN" rel="noopener noreferrer nofollow">here.</a>To find out more about the BNB Chain Web3 Builder Support programs, visit <a href="https://www.bnbchain.org/en/developers/developer-programs" rel="noopener noreferrer nofollow">here</a> and keep updated on <a href="https://twitter.com/BNBCHAIN" rel="noopener noreferrer nofollow">X</a>.###About BNB Chain<a href="https://www.bnbchain.org/en" rel="noopener noreferrer nofollow">BNB Chain</a> is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:<ul><li><a href="https://www.bnbchain.org/en/bnb-smart-chain" rel="noopener noreferrer nofollow">BNB Smart Chain (BSC)</a>: A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.</li><li><a href="https://opbnb.bnbchain.org/en" rel="noopener noreferrer nofollow">opBNB</a>: A scalability L2 that delivers the lowest gas fees of any L2 and rapid processing speeds.</li><li><a href="https://greenfield.bnbchain.org/en" rel="noopener noreferrer nofollow">BNB Greenfield</a>: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.</li></ul>Setting a high bar for security, the <a href="https://www.avengerdao.org/" rel="noopener noreferrer nofollow">AvengerDAO</a> community protects BNB Chain users while <a href="https://dappbay.bnbchain.org/red-alarm/dapp" rel="noopener noreferrer nofollow">Red Alarm</a> provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its <a href="https://www.bnbchain.org/en/developers/developer-programs" rel="noopener noreferrer nofollow">Builder Support Program</a>.For more, follow BNB Chain on <a href="https://twitter.com/BNBCHAIN" rel="noopener noreferrer nofollow">X</a> or start exploring via our <a href="https://dappbay.bnbchain.org/" rel="noopener noreferrer nofollow">Dapp library</a>.

BNB Chain Launches Next Phase Of DAU Incentive Program, Offering Up To $200K; Total Ecosystem Incentives Reach USD $1.85 Million In Past 30 Days

BNB Chain

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