Dog-eat-dog drama erupts in BNB Chain’s Broccoli token showdown

Community members backing a Broccoli memecoin on BNB Chain are outraged, claiming their project was unfairly denied victory in the network’s liquidity support program.The BNB Chain Meme Liquidity Support Program, which kicked off on Feb. 18, offers $200,000 in permanent liquidity to the top-performing memecoins on the chain. But controversy erupted on day two of the competition on Feb. 19 when two memecoins — both inspired by Binance founder Changpeng Zhao’s dog Broccoli — went head-to-head.In the end, the Broccoli token ending in address “714” was declared the winner over the one ending in “F2B.” However, supporters of the F2B token say the result doesn’t add up.Related: BNB Chain scales up network as memecoin activity boosts transaction loadF2B Broccoli community investigation questions scoreAccording to the official leaderboard, both tokens earned a daily score of 5.7 in a system where lower is better. Per competition rules, a tie is broken by comparing trading volume, and 714’s token had the edge in that category.Feb. 19 ranking for BNB Chain’s meme liquidity competition. Source: BNB ChainBut an investigation conducted by the latter’s community now questions whether the 714 Broccoli token deserved the crown.In a video posted by the F2B community viewing the back-end data, their “BROCCOLI” token, with a token symbol in all caps, ranked first in its calculated daily score.Community members discovered their token ranked second publicly, even though it came first in back-end data. Source: F2B BROCCOLI communityThey then move to analyze the back-end data of the 714 Broccoli token (spelled without all caps), which had a daily score of 5.700000000000001 and ranked second.Rival Broccoli token ranked second in back-end data. Source: F2B BROCCOLI communityThe F2B community also attempted to calculate the scores themselves based on the formula cited by BNB Chain in a Feb. 14 blog post, and again in a Feb. 18 X post:“Score = (Market Cap Rank × 30%) + (24h Price Change Rank × 20%) + (24h Volume Rank × 50%)”Under that rubric, F2B appeared to have a clear edge — 5.5 points compared to 714’s 5.9 points.Related: BNB Chain flips Solana in daily fees, beats out all chainsBNB Chain claims score is legitIn a detailed response to the community inquiry shared with Cointelegraph, BNB Chain stated that the community’s calculations relied on deprecated metrics. The actual scoring formula used by BNB Chain reflects:init_price_change_rankmarket_cap_rankacc_volume_rankThe community’s calculation relied on the deprecated “percent_change_24h_rank” and “volume_24h_rank.” When recalculated under the updated formula, both tokens scored 5.7 — making the official tie-breaker (volume rank) valid, according to the network. BNB Chain said the deprecated dimensions were removed on Feb. 21 to “prevent miscalculations by the community,” BNB Chain’s response stated.BNB Chain says the community relied on metrics that aren’t part of the official ranking formula. Source: BNB ChainBNB Chain also dismissed concerns about the overly precise 5.70000001 score, saying it was simply a result of floating-point deviations caused by the IEEE 754 standard and held no reference value for the actual score.Despite the clarification, many in the F2B camp remain unconvinced, arguing that the rules lacked transparency and shifted mid-competition.Magazine: Bitcoiner sex trap extortion? BTS firm’s blockchain disaster: Asia ExpressWeiter zum vollständigen Artikel bei Cointelegraph Weiter zum vollständigen Artikel bei CointelegraphWeiter zum vollständigen Artikel bei Cointelegraph Weiter zum vollständigen Artikel bei Cointelegraph