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

Community members backing a Broccoli memecoin connected BNB Chain are outraged, claiming their task was unfairly denied triumph successful the network’s liquidity enactment program.

The BNB Chain Meme Liquidity Support Program, which kicked disconnected connected Feb. 18, offers $200,000 successful imperishable liquidity to the top-performing memecoins connected the chain. But contention erupted connected time 2 of the contention connected Feb. 19 erstwhile 2 memecoins — some inspired by Binance laminitis Changpeng Zhao’s canine Broccoli — went head-to-head.

In the end, the Broccoli token ending successful code “714” was declared the victor implicit the 1 ending successful “F2B.” However, supporters of the F2B token accidental the effect doesn’t adhd up.

Related: BNB Chain scales up web arsenic memecoin enactment boosts transaction load

F2B Broccoli assemblage probe questions score

According to the authoritative leaderboard, some tokens earned a regular people of 5.7 successful a strategy wherever little is better. Per contention rules, a necktie is breached by comparing trading volume, and 714’s token had the borderline successful that category.

Feb. 19 ranking for BNB Chain’s meme liquidity competition. Source: BNB Chain

But an probe conducted by the latter’s assemblage present questions whether the 714 Broccoli token deserved the crown.

In a video posted by the F2B assemblage viewing the back-end data, their “BROCCOLI” token, with a token awesome successful each caps, ranked archetypal successful its calculated regular score.

Community members discovered their token ranked 2nd publicly, adjacent though it came archetypal successful back-end data. Source: F2B BROCCOLI community

They past determination to analyse the back-end information of the 714 Broccoli token (spelled without each caps), which had a regular people of 5.700000000000001 and ranked second.

Rival Broccoli token ranked 2nd successful back-end data. Source: F2B BROCCOLI community

The F2B assemblage besides attempted to cipher the scores themselves based connected the look cited by BNB Chain successful a Feb. 14 blog post, and again successful a Feb. 18 X post:

Under that rubric, F2B appeared to person a wide borderline — 5.5 points compared to 714’s 5.9 points.

Related: BNB Chain flips Solana successful regular fees, beats retired each chains

BNB Chain claims people is legit

In a elaborate effect to the assemblage enquiry shared with Cointelegraph, BNB Chain said that the community’s calculations relied connected deprecated metrics. The existent scoring look utilized by BNB Chain reflects:

• init_price_change_rank

• market_cap_rank

• acc_volume_rank

The community’s calculation relied connected the deprecated “percent_change_24h_rank” and “volume_24h_rank.” When recalculated nether the updated formula, some tokens scored 5.7 — making the authoritative tie-breaker (volume rank) valid, according to the network. BNB Chain said the deprecated dimensions were removed connected Feb. 21 to “prevent miscalculations by the community.”

BNB Chain said the assemblage relied connected metrics that aren’t portion of the authoritative ranking formula. Source: BNB Chain

BNB Chain besides dismissed concerns astir the overly precise 5.70000001 score, saying it was simply a effect of floating-point deviations caused by the IEEE 754 standard and held nary notation worth for the existent score.

Despite the clarification, galore successful the F2B campy stay unconvinced, arguing that the rules lacked transparency and shifted mid-competition.

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