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BNB Chain Upgrade MVB (Most Valuable Builder): Continuous Application, Rolling Selection, Covering More Web3 Entrepreneurs

ChainCatcher news, BNB Chain, Yzi Labs, and CMC Labs jointly announced a major upgrade for MVB (Most Valuable Builder) today, transitioning from a quarterly application system to a rolling application system, allowing project teams to submit applications to join the incubation program at any time via a link.This adjustment aims to break the limitations of fixed batches, enabling more developers, founders, and early-stage startups worldwide to flexibly participate in the MVB program and continuously receive ecological mentorship, resource support, and funding opportunities. Projects that pass the review will be announced in batches every two weeks, gaining immediate access to key resource support. By empowering developers and entrepreneurs throughout all stages, we aim to drive Web3 towards a billion-user era.In the first nine seasons, a total of 147 projects have been incubated, with 75 projects from the first eight seasons receiving investment from top-tier venture capital, and 163 projects successfully issuing tokens, most of which are listed on mainstream exchanges. Notable past MVB participants include Galxe, Mobox, SpaceID, KiloEx, and AltLayer, with some projects selected for Binance Launchpool. The tenth season of MVB will officially launch in July 2025.This Thursday (April 24), the Demo Day for the selected projects of MVB Season Nine will take place, where 16 shortlisted projects will showcase their results and conduct roadshows to global investors. The audience can watch the live broadcast online in real-time.

Ethereum L2 Reddio announces token economic model: total supply of 10 billion, with 8% allocated to community distribution

ChainCatcher news, according to the official announcement from the Ethereum Layer2 network Red­dio, the token economic model for RDO has a total supply of 10 billion tokens, which are allocated as follows:Community (8.00%): Aimed at accelerating user adoption and rewarding early supporters through marketing activities, airdrops, community incentives, and educational initiatives.Security and Network Incentives (25.00%): The largest portion allocated for mining rewards, which contribute computational resources to the proof-of-authority consensus layer. This allocation has a 10-year no-cliff period, enhancing long-term network security and validator loyalty.Ecosystem Growth (22.76%): Supports project development, grants, partnerships, and the launch of dApps. Nearly half (70.1%) of this funding will be unlocked at TGE, facilitating immediate growth activities, while the remainder will vest after 48 months.Treasury (6.96%): Held for operational flexibility, liquidity provisioning, and emergency actions under DAO governance. At TGE, 15% is liquid, with the remaining portion unlocking linearly over four years.Contributors (21.80%): Allocated to core team members and early builders. A 12-month cliff ensures commitment, followed by a 24-month linear vesting. This aligns with long-term incentives and ensures continuity of contributions.Strategic Investors (15.48%): Aimed at early supporters providing funding and market support. Tokens will undergo a 6-month cliff period, followed by an 18-month linear vesting period. This timeline promotes strategic alignment while preventing speculative pressure.
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