Group members backing a Broccoli memecoin on BNB Chain are outraged, claiming their challenge was unfairly denied victory in the community’s liquidity assist program.
The BNB Chain Meme Liquidity Assist Program, which kicked off on Feb. 18, gives $200,000 in everlasting liquidity to the top-performing memecoins on the chain. However controversy erupted on day two of the competitors on Feb. 19 when two memecoins — each impressed by Binance founder Changpeng Zhao’s dog Broccoli — went head-to-head.
Ultimately, the Broccoli token ending in tackle “714” was declared the winner over the one ending in “F2B.” Nonetheless, supporters of the F2B token say the consequence doesn’t add up.
Associated: BNB Chain scales up network as memecoin activity boosts transaction load
F2B Broccoli group investigation questions rating
In keeping with the official leaderboard, each tokens earned a every day rating of 5.7 in a system the place decrease is healthier. Per competitors guidelines, a tie is damaged by evaluating buying and selling quantity, and 714’s token had the sting in that class.
Feb. 19 rating for BNB Chain’s meme liquidity competitors. Supply: BNB Chain
However an investigation performed by the latter’s group now questions whether or not the 714 Broccoli token deserved the crown.
In a video posted by the F2B group viewing the back-end information, their “BROCCOLI” token, with a token image in all caps, ranked first in its calculated every day rating.
Group members found their token ranked second publicly, although it got here first in back-end information. Supply: F2B BROCCOLI group
They then transfer to investigate the back-end information of the 714 Broccoli token (spelled with out all caps), which had a every day rating of 5.700000000000001 and ranked second.
Rival Broccoli token ranked second in back-end information. Supply: F2B BROCCOLI group
The F2B group additionally tried to calculate the scores themselves primarily based on the formulation cited by BNB Chain in a Feb. 14 blog post, and once more in a Feb. 18 X post:
“Rating = (Market Cap Rank × 30%) + (24h Value Change Rank × 20%) + (24h Quantity Rank × 50%)”
Below that rubric, F2B appeared to have a transparent edge — 5.5 factors in comparison with 714’s 5.9 factors.
Associated: BNB Chain flips Solana in daily fees, beats out all chains
BNB Chain claims rating is legit
In an in depth response to the group inquiry shared with Cointelegraph, BNB Chain mentioned that the group’s calculations relied on deprecated metrics. The precise scoring formulation utilized by BNB Chain displays:
-
init_price_change_rank
-
market_cap_rank
-
acc_volume_rank
The group’s calculation relied on the deprecated “percent_change_24h_rank” and “volume_24h_rank.” When recalculated underneath the up to date formulation, each tokens scored 5.7 — making the official tie-breaker (quantity rank) legitimate, in line with the community. BNB Chain mentioned the deprecated dimensions had been eliminated on Feb. 21 to “stop miscalculations by the group.”
BNB Chain mentioned the group relied on metrics that aren’t a part of the official rating formulation. Supply: BNB Chain
BNB Chain additionally dismissed issues concerning the overly exact 5.70000001 rating, saying it was merely a results of floating-point deviations attributable to the IEEE 754 standard and held no reference worth for the precise rating.
Regardless of the clarification, many in the F2B camp stay unconvinced, arguing that the principles lacked transparency and shifted mid-competition.
Journal: Bitcoiner sex trap extortion? BTS firm’s blockchain disaster: Asia Express
Cointelegraph by Yohan Yun Dog-eat-dog drama erupts in BNB Chain’s Broccoli token showdown cointelegraph.com 2025-03-28 13:46:18
Source link
