This includes access to millions of customers, media information in the ecosystem, knowledge education, incubation financing, derivatives, financial management, and other comprehensive resources and financial support. Selected beneficiaries will also enjoy support from the resources we offer across the Binance ecosystem. We will provide liquidity support for DeFi projects that pass security audits and the due diligence process. The selection criteria will follow the same standards used for Binance X, Binance Labs, and Binance Launchpad. Strong projects can get up to $100,000 in funding. The decentralized community that built BNB Smart Chain will act as an early investor and governance party for funding. We will soon call upon DeFi projects to submit their proposals to be one of the beneficiaries of this fund. How to Benefit From the $100 Million Fund This fund and other initiatives from Binance aim to further support the DeFi ecosystem and solutions to bridge DeFi and CeFi ecosystems. Today, Binance Founder and CEO Changpeng Zhao announced the creation of a seed fund worth $100 million USD for DeFi during The World of DeFi summit. We're establishing a $100 million USD seed fund to empower emerging projects and drive collaboration between centralized finance (CeFi) and decentralized finance (DeFi).