$100M Liquidity Incentive for CEX Listings & Liquidity in Crypto

Recorded: April 9, 2025 Duration: 0:52:03
Space Recording

Short Summary

In a recent discussion, key figures from the BNB Chain ecosystem explored the $100 million liquidity incentive program aimed at enhancing project visibility and growth through strategic partnerships and community engagement. The program is designed to support various projects, from DeFi to gaming, by providing essential liquidity for centralized exchange listings.

Full Transcription

Thank you. Thank you. Hey y'all, just bear with me one minute, I'm just setting up this space and we'll get started
in the next five or so minutes.
Thank you. Thank you. Thank you. Let's do a microphone test.
Can everyone hear?
Yes, I can hear you fine. How's my microphone? All good?
Perfect, yes.
Awesome, awesome. Well, we're just waiting on one more, and then we should be able to get started.
Just waiting on the banana for scale.
Fantastic. Let's have some fun.
Yeah. How are we doing? How was the day?
Pretty good, actually.
I don't know if you saw my latest post on things.
So before this, my cat just pretty much destroyed the house.
So, yeah, it's quite funny.
Oh, damn. Yeah, I just saw it's quite a funny story. Oh, damn.
Yeah, I just saw it now.
That's crazy.
Cats, man, I have one as well, and they're just destructive.
I just found it fascinating because I'm sitting there going,
right, I'll go and make a coffee before the thing,
and then you just see the whole place a mess, and you're like, no.
Yeah, I just had to put my cat in
a different room because he likes to shout
when I'm in the middle of meetings or
I have two
I like the fight
who's a dominant one
they're great pets
yeah definitely couldn't live without them
like one of them
is Ginger so he's
he loves he's a foodie so he loves
food and if you have ice cream
he can smell it through like
he like runs begging
amazing I love it
I bet everyone here who's got cats
thinking I have a few of them
yeah I can definitely
I'm sure everyone can
empathize with that
sorry just quick question
I'm seeing Narcos here requesting
yeah he's one of our guys he's one of our guys.
He's one of our guys.
Let me add then.
So then that's done.
And we've got Joey from KeelX.
So we've got tutorial here.
They're probably...
So if they have any questions,
anything to add,
it's great to have some of these people.
I think, you know,
what I like with spaces,
I've been in the space for a god long time,
is just to make it fun
and see how we can get
people engaged i love spaces yeah definitely definitely um so what we'll do is uh i'll tell
you what then seeing as it's like two o'clock um and i kind of have to keep it uh on time around
30 35 minutes um we can get started I'm still waiting for Banana
for Scale to join
but they can kind of join
I'll keep an eye on our Telegram chat
and when they join I can add
so what we can do is we can get
I can do a quick intro
and then we can get into the main beef of the
awesome so for anyone who's not familiar And then we can get into the main beef of the subject. Cool. Definitely. Let's go.
Okay, then.
So for anyone who's not familiar with my voice, it's the first time I'm doing the space for B&B Chain.
My name's Liam.
I'm part of the social team here.
Well, B&B Chain.
And I'll be the host for today's discussion.
So one of the things we wanted to do was to talk about the $100 million liquidity incentive for Centralized Exchange listings
program, but also talk a little bit about liquidity as well, because I think it's an
important subject to touch on. And plus, it gives a lot of context to the program that we're running
as well. The projects that we have with us, they are also part of the first batch of the reward receivers and so that's
why we've got them on today they're the perfect people to ask especially from a project perspective
about this program and give you a little bit more further context so like i said we'll spend about
30 minutes 35 minutes or so going through today's space and So we'll run through liquidity,
the program itself,
and hear from the project.
So let's then...
Oh, sorry.
You just probably heard my doorbell go off.
So apologies for that.
So then with that said,
let's take a moment to introduce the guests
that we have at the minute.
And then if Banana for Scale pop up, we can ask them.
So what I'll do is let's just go through one by one.
Just give a quick intro into who you are, what project you're from.
I know there's a couple from tutorials,
so I'll let you guys decide who's to speak about the project itself,
what it is, does, maybe share a little bit about
what you do as well um and depending on how you feel comfortable obviously keep personal details
uh limited as you see fits as i know you know everyone cryptos sometimes want to stay anonymous
um so midnight i will take it off to you as soon as your microphone is open. And then we can go to maybe Narcos and then Joey.
I'll pair you and Narcos together.
All right.
So I'm going to be talking about the project.
So I'm the co-founder of Tutorial.
Our founder should be here somewhere, but Fia is in.
That's not a problem.
I have been in the space since the beginning.
So I started Crypt in 2010. uh since the beginning so i started crypto in 2010 i'm the
founder of multiple companies and um why you know why tutorial tutorial really is a a soft subject
for me because i believe there's not enough education in the space especially for builders
so what we're trying to do is is build a platform that solely is run by
builders and is fully decentralized so that's in a nutshell what we're trying to do for tutorial
I've got you know various of experiences and run multiple projects over my time in crypto
and we have a fantastic team of volunteers remember tutorial is run by volunteers no one owns you know anything we distributed all our lp we made sure
and we're getting key strategic partnerships you know with with different um category projects
to make sure that eventually this um can actually be mainstream for people we're also uh irisul
here is the founder and he can add a couple words as well.
And Narcos after if he wants to.
Sorry, actually, I just want to interject a little bit,
because I don't think you... Did you say that? Forgive me if you did.
The tutorial token started from one of the tutorials
that we posted on social, right?
Yes, it started as a tutorial, yeah.
Yeah, I remember.
And then now we're like... It started as a tutorial for BNB Chain.
And then let me, I think the best person to do this is the guy that did the tutorial and tell you about it.
Yersol, can you actually go into detail how this thing went and kind of give a bit of background on that?
Yeah, because that's really funny. That'd be cool to know.
Sure. Like one year ago like
march 19th um like i worked as a i mean i volunteered as a tech martian at bnb chain and
was doing multiple like launcher related stuff organizing some boot camps, hackathons, workshops and stuff.
And as part of this process, I have recorded a tutorial video on how to create BEP20 token,
how to add liquidity. Everything was on testnet, so it was purely like altruistic
tutorial where I didn't chase any benefits or anything.
So this tutorial was uploaded by BNB chain.
And after a year, so like almost two months ago, I have decided why not to
launch this token, which was on testnet, to the mainnet.
And that's how it started.
There was no website, no Twitter, no telegram, nothing, just a token on mainnet.
And it got some initial traction and we have decided as a community, why not to maintain it and maybe do something useful, like creating more educational content,
maybe grow it even more and making a platform for education.
And so we have decided to push it and created more tutorials, try to do some other stuff related to marketing like midnight narcos and other
people have joined and pushed it to their communities and that's how tutorial has grown
from basically one tutorial video to what it is right now and we have a mission now to be like educational hub for blockchain.
So being like one of the first successful examples of decentralized universities.
And yeah, we are working not only our team, but also our partners all working on um on like multiple things to get uh maybe not together but multiple things
contributing to one mission uh to empower basically education on the space of blockchain crypto
and yeah that's that's uh the lore behind tutorial nice nice yeah that's that's the lore behind tutorial.
Nice, nice.
Yeah, that's pretty cool.
I love how it started from a tutorial video.
I remember the day that it kicked off,
obviously being the social person for BNB and seeing the whole thing take off.
That's really interesting, really fun to see,
and it can only really ever happen in crypto, right?
You don't see this type of stuff anywhere else um so it's very interesting um i'm sure i probably also have
to mention that the tutorial token is not an official token to uh bnb as well um just to cover
legals back um but it's really fun fun to see the journey that you guys have been on
um knockovers do you want to introduce yourself and then we can go into Joey and KiloX?
So yeah, thank you very much for holding the space.
Sorry, go to Joey then, okay. Sorry, I said Nakhos, but it's okay, let's go, Joey.
Okay, sorry about that. Yeah, so I'm Joey, the co-founder and CEO of KiloX.
Yeah, so I'm Joey, the co-founder and CEO of KiloX.
So KiloX is a perpetual DEX and goes live with inside BNB
chain ecosystem.
And right now we have a big perpetual DEX on OPBnB.
We put a lot of efforts on OPBnB.
We can't hear you, Joey.
It sounds like you're a little bit far away from the microphone.
Yeah, so it's better.
Much better.
Yeah, so right now we support the perpetual trading on BNB Chain and OP BNB for over 100 assets.
And I'm really glad to get support from BNB Chain for the 100 million liquid support with other projects.
And I'm really glad to be here.
Yeah, awesome, awesome.
Yeah, I've seen you guys around a lot and you do some great stuff on BNB.
So it's great to have you guys alongside tutorial token for this space.
Yeah, I don't know.
And maybe, Narcos, I don't know if you want to now introduce yourself. I know you're from
Tutorial, but I don't know if you want to just quickly
introduce yourself and then we can go into
the subject a little bit more.
Is Narcos there?
Or have they
his beard? Yeah, I don't know if he's here, but Is Marco there? Or have they disappeared?
Yeah, I don't know if he's here, but
let's just continue, right? If he joins,
he joins. So it's probably
you know how Twitter can glitch out
sometimes. Yeah,
that's always the way with spaces. They're always
very glitchy, right? So, cool.
No worries then. I just want to also mention
sorry, one thing I've completely forgot to mention in my intro is they would bananas for scale is supposed to be here um but
we're not here from them um so i'm waiting to see if they will join or not mubarak was also supposed
to join with us but unfortunately they had a last minute uh conflict that they couldn't that
basically meant that they then couldn't join um so what i want to do is before we
go into the program and i shill it a little bit um it'd be cool to kind of just run through quickly
liquidity as a whole um because often in these spaces we get a lot quite a mixture of audience
but there's a lot of beginners who might have heard the term liquidity and i'm not always 100%
sure what it is um even though it is an important
topic in crypto and the word does get mentioned a lot so with that said what i want to do is just
kind of open the floor to any of the speakers and and basically let's just talk a little bit about
liquidity so if we kind of start off with um what is what is liquidity, maybe like in simple terms for a wider audience and why is it kind of important for both projects and the users of those project services, whatever.
I just also noticed Joey got kicked out, so I need to quickly add him.
I just also noticed Joey got kicked out, so I need to quickly add him.
But yeah, I don't know if any of you guys want to take the question first,
just giving an overview of what liquidity is for the audience.
Let me start, maybe?
Yeah, of course, of course. Go for it.
Yeah, interesting thing on that original tutorial from a year ago that was also
um part when we created deployed token on testnet and also added liquidity on testnet and i have
very briefly introduced that basically adding liquidity enabled trades so and if there are
they are adding liquidity enable trades so and if there are more liquidity in the pool it means
literally um more opportunity for people to buy or sell the token on on basically market price so
uh as i know tutorial has one of the uh like best liquidity to market cap ratio among top projects on BNB chain.
And there is a reason we have one weekly competition from week one of liquidity support
and also got this recent competition competition got 500k additional liquidity also for me added 65k
liquid and our um community is also like a bit more knowledgeable about this stuff and they also
added some liquidity and um that is the reason why we have like such large liquidity pool among
um among like projects on bnb chain and beyond liquidity i believe can be can be like liquidity
provision can be obviously risky due to impermanent losses associated with
that but at the same time it also shows how people are willing to basically accept this
possible losses but in return provide like
in return provide like provide basically LPs so that traders for example and
different other players like arbitrage bots and different buyer sellers can participate in the market in the most fair way.
And yeah, so therefore, I believe liquidity is super important for any projects that want to grow.
And we really appreciate the support of BNB chain from these and previous and future programs.
It is a big help for projects yeah midnight
yeah just kind of like want to touch a bit on point because what makes us what makes um you know tutorials stable and attractive for like you know like uh yeah so here said is you know
anything on decks with high liquidity is more attractive for users and
investors so essentially someone that wants to stay there and be stable and they have a stable
liquidity pool means that you know someone selling say you know 0.1 percent of supply doesn't mean
that their investment will be affected as much when you have an unstable liquidity pool that
means people will have,
you know, their price will not be fair, will not be stable. Therefore, they feel like they're being
cheated out of their investment. So, you know, high liquidity equals low slippage as well for
traders. So that means you don't pay high impact and the slippage will be very low. And you can
actually, in some ways, avoid MEVs in terms of but you know some of them are
too good you can't even avoid them so uh if if a pool has poor liquidity even a small trade even a
small trade can swing trade the price and very significantly so uh it will deter a lot of the
people that are trying to trade in the market. So, you know, in terms of what Tutorial is doing,
we're trying to really grow our liquidity, grow our user base
to build a super fair decentralized educational system
sponsored by partners.
You know, hopefully at some point we'll get BNB
to be a champion partner for us as well.
So that's it from us.
That's a nice rundown.
Joey, do you want to add anything to that?
So I want to mention a little bit about liquidity.
So compared with other tokens who got selected for this liquidity plan,
I think our background is a little different.
We are not coming from like a full MIMI or the MIMI launchpad.
So we just finished the Binance Web Street idio uh like before these uh these activities and it got listed on
other center exchanges like a bad beat bigat and uh coolcoin and other other like a tier one tier
two center exchanges as well so but we put a lot of efforts on the on the pancakes website because
on the PancakeSwap site because since we are more definitive protocols,
so I think to have more liquidity for these tokens trading on the PancakeSwap
will make the projects on the BNB Chain ecosystem more, more convincible.
So I think that gives us a lot of confidence and trust to our community that you put more efforts
on the BNB chain ecosystem, you can get more support from a different perspective from
BNB chain. So I think that is really a good start for all the BNB chain builders.
Awesome, awesome. That's great to hear yeah it's nice to hear the different perspectives
on the liquidity um so maybe like from for the audience sake if i kind of surmise it is that
liquidity is kind of like um kind of like the ease and speed at which a coin can be converted into either like a stable coin or another token
without the kind of price being affected the lower the liquidity the more price swings you get
in a token so yeah maybe that's kind of like a quick summary from what i'm gathering you guys
said just generally about liquidity as well and then obviously you have the differences
and the backgrounds of where you guys came from
but yeah cool
so then maybe from
I'm trying to think of the best subject to go into next
but what kind of like
indicators would you typically
try and track and assess
for whether
liquidity is a North One
a token let's say
again I'll open the floor
to anyone who wants to take that one
can you repeat
the question please
yeah of course
so basically you know
we were talking about like uh liquidity
and um what it is but like what kind of um especially from your guys perspective and maybe
also for a user um what kind of like indicators would you typically tend to use to track or assess
um whether a token is liquid enough
well it depends really like i um i always look at tokens based on community
and um i mean like you know money comes like from from the belief of the community right
um and i think um the issue is like how do you how do you track what volume and what type of
um uh liquidity like what who's investing you can't really track it what you can track is
in terms of you know the effort that you put in um and uh because crypto is so unpredictable in
general um i think um yes do you want to pick this one up i have a rough idea i want to just
structure the answer a little bit better but um i'll give this to yourself for a bit see what
his thoughts as a technician are okay i mean uh there are obviously some metrics but they can also be um you cannot
only rely on this metrics which is uh liquidity to market cooperation can be
indicator showing how much like real value is in the token but obviously if
talking is listed in success it means like part of the liquidity goes there and it becomes a bit harder to rely only on this ratio.
So, like liquidity is super important for any token, but there is some indirect relations to success of the token and the liquidity but
it cannot be the only defining factor i think midnight will agree
100 agree and like um as i'm thinking of this question it's a difficult one because you know
if we go through the traditional saying you know we're going through for trading volume uh uh you know the slippage tolerance like how some people look at it well that that can't
determine everything because you don't know where people are trading whether they're trading on sex
whether they're trading on decks and then some of them will be busier than the other so it could
either it could be something uh on chain um you can do it with on chain and defy metrics you know
to tvl lp log etc etc amount of holders um and it's it's a difficult one this is why I say
um some of them the biggest red flags I have in in terms of you don't know you know who's doing
uh wash trading on fake volume which is a huge
problem right and these can be very these can manipulate the situation of a a token and um
this is why we with uh with tutorial we've had no market maker since the beginning no volume bots
and we've kept it as organic as possible we We're trying to make it like the Bitcoin of education.
This is how we can compare a tutorial
because it's super decentralized.
Yeah, I also want to talk a little bit about the indicators
for these liquidities for the project. So our model is a little bit about the indicators for these liquidates for the project.
So our model is a little different. I know compared with AMM models or the
order box model, we use a kind of Oracle pool models or the peer-to-poel models.
So to do perpetual trading on ours, there is no worries about the slippage. But I think some indicators on the trading space
on the PanketSwap or the BNS-ARPHA,
I think the most important part is to care about the slippage
when you're trading Kato tokens on the PanketSwap.
So I think that is one of the indicators to talk about
how big is the TVLs,
and that also influences the
liquidity and slippage for you to trade on the Pankyswap.
So this is one point. And the other part is we already listed
several exchanges and also on the Pankyswap.
So based on some market makers perspective,
if there are some arbitrage opportunities,
I think the market makers or the project itself need to make it balanced.
There's always some opportunities for traders to find
the arbitrage opportunities on the central exchanges and the decentralized exchanges as well. I think that is the two things
that the audience didn't mention,
but also pretty important for us as well.
The third point is I think the liquidity incentive as well.
But after the Pankis Web updated their tokenomics
about their VE token models,
I think we would love to see what will be the future incentive
for the token holders and how we can
brought extra reward for users to provide liquidity
on this poll as well.
So I think those three things are pretty important
and really indicators for users, for developers and for the projects.
Nice, nice. Well, thank you guys for running through that. I just found it an interesting
subject I wanted to ask. I guess it's always important for people to be aware of the different
ask um i think i guess it's always important for people to be aware of the different uh different
things that they need to consider as well um so that's cool uh i just want to be a little bit
selfish and shift gears a bit and into the actual program itself uh that we also wanted to talk
about uh just for time sakes and then it'd be great to hear your perspective on it so bear with
me whilst i shill a little bit,
but I just wanted to kind of highlight
our $100 million liquidity incentive
for centralized exchange listings
from BNB Chain for a moment.
So basically, for anyone unfamiliar,
this is a,
it potentially becomes a long-term initiative that we're supporting selected projects with liquidity for listings on centralized exchanges, hence the name.
So this kind of follows on from our $4.4 million program where we provided permanent liquidity rewards.
I had two initial rounds.
So the first one was for meme coins only,
and then we kind of opened it out to different projects
based on certain mark caps, if my brain is right.
So this program, the $100 million one,
is all about making BNB chain ecosystem stronger by helping projects get more liquidity and more exposure.
It encourages exchanges to list native tokens, BNB native tokens rather, while also boosting on-chain activity and giving projects a kind of a solid base to grow from.
So this round of support, it's not limited to any sector.
We've done it across the board, so it can include everything from memes to AI to DeFi, gaming,
pretty much anything you can think of.
pretty much anything you can think of.
So whilst the projects are selected by us, B&B Chains,
B&Chain ourselves, sorry, Languager,
rewards are being rolled out on a first-come, first-served basis
for those that meet kind of like the selection criteria.
It will be running for an initial three-month trial period,
which started back in March 24th, if
I remember correctly, with the view for this to be a longer-term continuation. Rewards
can range from $50,000 up to $500,000 per exchange listing and the value of those kind of depends on the the exchange itself so some of the
exchanges that included uh would be binance coinbase uh kraken up bits by bits uh with a bunch more i
will put the put the blog that has all the information on the bottom of this post when I get the chance.
So you can check out all the different exchange listings
and the values the projects would win based upon listing on one of those previously mentioned exchanges.
But yeah, anyway, so what I want to do now is,
I'm still a little bit there,
I'd love to know the experience from the projects themselves
who have already received some of the awards.
So basically, guys, let's just dive into your perspective.
And it'd be good to kick it off with your thoughts on the program itself,
maybe, and how does it kind of how does it
kind of affect your project um is there any benefits what does it mean for you as a project
to be selected um yeah and just basically how it helps so i'll open the floor again and
first serve whoever wants to be? I'll start, I guess.
To be fair, it's actually broadened our horizon a bit
because it gives it a bit of impact
and it shifts a bit of eyes into our direction and our vision.
And we were quite happy that we got selected purely
because it just shows that like you know hard
work does pay off and uh you know good communities and doing things the old traditional way it pays
up so it it it made it even simpler it does that project in general like when you add good liquidity
it it gives it a better image so so we get better eyes eyes and I wouldn't call it investors but better
traders so they can hold long term and they can work with us so like you know people like Narcos
and myself we were investors in tutorial and what captured us is actually the hard work that
Yerso was putting in and winning all this liquidity just made it possible to go to the next stage and make it make it more of a
reality to say well this space you know they do care about education and that's why they're putting
a decent amount of liquidity so we're very thankful to bmb and i'll add i'll let yourself
speak a bit as well in this manner i really like the program because when exchanges provide listings, they do their own due diligence. BNB chain, for example, gets some sort of verification that certain projects have met certain milestones or certain parameters that makes them eligible to get listed on exchanges and basically rewards for that.
and indeed for any token maybe that is launched on Dex or maybe it was launched through
through exchange launchpads or any other form of launch like when it gets listed on centralized exchanges, it provides more visibility for the token and
also provide more trust.
And I believe rewarding and also push, encouraging different projects to try to get listed on exchanges with additional incentives,
like this 100 million
equity incentive is
something unique in this space.
only on BNB chain,
I have seen something like that.
it's a great opportunity
to build on BNB chain.
That's awesome to hear. that's one thing you know we really like to do at BNPJ and support projects and try and find different ways to do so.
So yeah that's great to hear. Joey do you want to add anything from your perspective?
Yeah, so just, so do you mean the mean for this program to be selected?
Apologies, I didn't quite catch that. Can you just repeat that for me?
I mean, can you repeat the questions for me? Sorry.
Oh, yeah, yeah, of course. Yeah. So basically, I just wanted to get the perspective of the
$100 million liquidity incentive program from the project's perspective.
So just kind of like general thoughts about the program.
What do you think about it?
How and if is it benefiting your project,
especially as one of the reward beneficiaries?
Yeah, so just kind of general thoughts and how it's kind of, yeah, go on site.
Yeah, I think that is a really great start point.
So I think unlike with other projects, we have been going with BNB Chain's ecosystem for a pretty long time.
Actually, we have already been involved with like a different incentive program with BIMB chain. Start from beginnings, BIMB chain already did some like airdrop
marathons for projects and also retroactive airdrop for BIMB chain holders,
for BIMB chain users and also BIMB chains already hold several TVL incentive and trading volume incentive program with all the
projects on the B&B chain ecosystem. I think right now the B&B chains is kind of a building of
full structures to support the projects building on B&B chain from all different
perspectives. Start from like a Hex zone, start from investment from the BIA, like investment
alliance, and also BNB chain will do the support for the TVLs, trading volumes, partnership with
all other projects on the BNB chain ecosystem. And also when the tokens got listed on the central exchanges,
BIMB Chain continues to provide incentive support for all the projects.
I think BIMB Chain ecosystem is really active and positive support for the projects.
It can brought more and more builders, more and more developers to the BIMB chain ecosystem,
because you can get full support from the very beginning.
From like you started your team, you started doing the deployment,
and even after your listing, you can still get support from BIMB chain.
So this more like more device perspective and concentrate
or really crypto native support.
I think that is really important for all the builders
for the BeamBeach ecosystem.
So I think totally we are really grateful for this support
and really willing to broaden different trading assets
on our platform and
to provide better
trading experience for all the users
on BNB chain as well.
Nice, nice. I don't
think I need to show BNB anymore.
I think Joey just done a
great chill for us there.
Who's up to Joey?
Yeah, yeah, definitely stripes there there I don't have to say
anything else about B&B that's it
but that's awesome to hear
from both perspectives
yeah I think you know just being
considerate of time and stuff
maybe then one kind of final question
for me it would be
really interesting to get both
perspective because obviously you guys are two different projects in terms of age
um you know keel x has been around quite a while especially on uh bnb chain and tutorial token is
fairly recent um so you know this program's still going on um for i don't even know what
data is it's the 9th of April, so
there's still like a couple of months to go. There's still chances for different projects to
receive different batches of these rewards. So as kind of the first batch, what kind of like
advice would you give particularly to projects on B&B chain to kind of like advice towards
increasing the liquidity, even if it's just general advice around the project itself.
I'd really just like to understand the perspective from the two of you guys because of the different ages of the projects as
well um my my only advice i'd give people is um essentially i'd say like work hard um forget the
noise you're going to get a lot of offers to be from so-called advisors um make sure that these
so-called advisors get vetted. Don't give any supply to,
there's a lot of shady people out there.
Make sure that if you have supply,
control it well, manage it well.
Don't just give it to anyone
and try and work with your community.
People that have actually invested, you know.
You'll know the ones that have invested
in your product and your time
and they'll make themselves very, very clear and make you aware of things.
Because they're the ones that are brutally honest most of the time.
So work with your community and don't fall for the trap where, you know, we get in crypto, unfortunately, it's sad.
But you're going to get a lot of people that know everything but know
nothing at the same time so that's my best advice i can give and fioso wants to add something because
he's went through the experience before he met me the amount of people he'll speak into so
i think he'll tell you from experience um i think like when you are afraid of something, but at the same time you're a bit excited
and there is more good than bad in doing that.
Maybe you should do that.
I don't know if I
manage it to
deliver the message, but
overall, it's just like
calculated risks, I think.
Yeah, that makes sense.
I'm sorry, did you want to add anything else what was that oh that was it okay cool
oh sorry i wasn't sure whether there was going to be extra stuff
that makes sense that's awesome uh joey do you want to add anything to that
or midnight did you want to go first
um uh so sorry can you repeat the questions for me? Sorry. Yeah, yeah. So basically
just like any kind of general advice you might have towards projects that, you know, might be
looking at this program and wanting to be a part of. It can be directly towards the program,
the advice that you give, or it could just be in general, because I imagine it probably helps anyway.
Yeah, I think maybe I can provide some general feedback for all the projects, all the some developers want to build in their own projects on the BNB chain.
So I think the first is to find a product market feed.
is to find a product market fit.
I think that is the most important part.
I think that is the most important part.
No matter you find something
like you really want to build on a BNB chain,
start from zero to one.
Always remember to get close to your communities
to find how you can improve
all the user experience for your product.
I think that is the most important part.
And after you start your product. I think that is the most important part. And after you start your product, no matter on the testnet or the mainnet,
start to do some development and get connected with the BIMB chain team and
trying to get support from the partnership. So I think partnership is
more important than just like a fund support or other support,
because if you can build a strong partnership with other projects on the BNB chain ecosystem,
that is very easy for you to build connections with all different prospective projects on the ecosystem.
That is also pretty important. And after that,
always share your feedback to B&B Chain's team because they always really love to help,
no matter from the fundamentals part or marketing support or other stuff. So once you got supported and always get ready to increase your user growth
to the next level, that is also pretty important for all the projects. And after that, that will
be a different story. So you can do your token listings on your own platform, you can do the
IDO with PancakeSwap or the full MIMI,
and also you can try hard for the satellite exchanges listing as well.
But during this tariff in the US,
I think the most important part is to always to think about your cash revenue,
because that is really important for you
to do the fully support during the bear market.
So always think along,
and I think that is the most important for the builders.
Amazing, amazing.
Thank you so much for that.
Joey, anytime I need to sell BNB,
I'm just gonna bring you up in a conversation and
bring you into those conversations because you're doing a great job.
But it's great to hear the different pieces of advice for different projects, especially
from you guys who have totally different perspectives.
So that's awesome.
So just because we're coming,
well, it's actually 45 minutes now we're getting close to,
I just want to wrap up today's space.
So big thank you to our guests for sharing the insights and to you guys who have tuned in
to learn a little bit more about liquidity
and how it impacts the growth of projects on BNB
and a little bit more about
our $100 million liquidity incentive program.
I will again put the blog in the link,
in the link, sorry, link the blog in the post below this,
so you can have a little bit more of an in-depth read.
Yeah, so like I said, we really want to support different protocols across all different sectors with this program.
And it'll be running for an initial three months.
Again, like I said, started on March 24th.
I double checked the date earlier.
I was right.
And there's still a chance to receive rewards because, like I said, it's ongoing.
More projects will continue to be selected on a weekly basis.
And you can learn more about that in the blog that I will post.
So thank you again for the guests joining me.
Midnight Narcos, Joey, and sorry, Yerosal.
I didn't actually double check to pronounce the name right,
but hopefully I have.
Thank you so much, guys, for your time.
Really appreciate it.
And thank you, everyone, for your time really appreciate it and thank you everyone for joining it was a pleasure thank you so much for your time thank
you guys thank you for having us awesome hope to speak to you guys again soon and have a great day Thank you.