Binance Founder Plans BNB Liquidity Boost, Warns Against Opportunistic Token Sends

Former Binance CEO, Changpeng Zhao, has announced a plan to support the BNB Chain ecosystem by adding liquidity to the projects that win the BNB Chain Meme Liquidity Support Program, a program that was launched on February 18, 2025. Zhao intends to add “a few hundred BNB” to the liquidity pools of these projects weekly, until his allocated funds run out. The program highlights and supports meme coins by injecting permanent BNB liquidity into the winning projects’ pools, sourced from the BNB Chain Foundation’s wallet.

Zhao’s liquidity initiative is aimed at boosting the ecosystem, and he mentioned that program administrators might broaden the eligibility criteria beyond just meme tokens to include larger market cap projects and other sectors.

Additionally, Zhao issued a firm warning to those attempting to send tokens to his address in the hope of gaining his attention or influencing his actions. He emphasized that such attempts would not be entertained, stating, “If you send funds to this address with the expectation that I will send them back so that you have a linked transaction or interaction with me, then you are greedy.” Zhao clarified that these unsolicited tokens would either remain untouched or be burned, and he would not endorse any tokens sent to him in this manner.

In his post, Zhao explained that he had briefly considered following Ethereum founder Vitalik Buterin’s approach of converting unsolicited tokens to ETH. However, after weighing the potential market impact and additional effort involved, he abandoned the idea. Zhao’s stance on this matter highlights his commitment to avoiding unnecessary work and maintaining the integrity of his approach to token donations.

While Zhao remains largely involved in the crypto space, even following his resignation as Binance CEO in November 2023, he has consistently commented on market conditions. Zhao has maintained a surprisingly active social media presence, offering insights and guidance, even while serving a prison sentence. Recently, in response to market volatility, he advised investors to reduce their exposure if they are feeling stressed about market conditions, reiterating that dips are a natural part of free markets.