BNB Chain Unleashes $200K in Rewards as Trenching Szn Gains Momentum

BNB Chain is revving up its ecosystem with the return of 'Trenching Szn,' a period of intense speculative trading on-chain. To capitalize on this momentum, the network is offering $200,000 in USDT rewards through two campaigns: Flap's daily trading volume challenges and Four.meme's PnL leaderboards.

Flap will distribute $100,000 over nine days from August 19 to August 28, with daily airdrops tied to trading volume exceeding $500. Meanwhile, Four.meme's competition will run from August 24 to September 2, allocating $10,000 per day to the top 150 traders based on PnL performance.

The 'Trenching Szn' campaigns aim to reignite speculation and retail activity on BNB Chain, which has seen increasing momentum. On August 21, BNB was trading at $676.55, up 4.21% in 24 hours, reflecting renewed interest in the network amid recent updates, including the Pasteur hard fork and BounceBit's migration to BNB Chain.