Community members supporting Broccoli Memocoin on the BNB chain are furious, claiming their projects have been unfairly denied victory in the network’s liquidity support program.
The BNB Chain Meme Liquidity Support Program, launched on February 18th, will provide $200,000 of permanent liquidity for top-performing Mimecoin on the chain. However, on February 19, the controversy broke out on the second day of the competition, when Mimecoin (both inspired by the dog broccoli of Binance founder Changpeng Zhao) came out head-on.
Eventually, the broccoli token ending with address “714” was declared a more winner than the one ending with “F2B”. However, supporters of F2B tokens say that the results will not be added.
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F2B Broccoli Community Survey Question Score
According to the official leaderboard, both tokens scored daily scores of 5.7 on the low system. Comparing trading volumes for each competition rule caused the tie to break, and the 714 tokens had an advantage in that category.
February 19th, rankings of BNB chain meme liquidity competition. sauce: BNB Chain
However, a survey conducted by the latter community has questioned whether the 714 broccoli token is worthy of a crown.
Videos posted on videos where the F2B community watches backend data use token symbols for all caps to rank “broccoli” tokens first in the calculated daily score.
Members of the community found that tokens ranked second despite coming first in backend data. Source: F2B Broccoli Community
Next, we analyzed the backend data for the 714 Broccoli Token (all spelled spelling without caps) and ranked second with a daily score of 5.700000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
Rival Broccoli Tokens rank second in backend data. Source: F2B Broccoli Community
The F2B community tried to calculate the score itself based on the formula cited by the BNB chain in its February 14th blog post, and again on the X-Post on February 18th.
“Score = (market capitalization rank x 30%) + (24-hour price change rank x 20%) + (24H volume rank x 50%)”
Under that rubric, the F2B appeared to have a clear edge of 5.5 points compared to the 5.9 points on the 714.
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BNB Chain Claim Score is Legal
In a detailed response to the community survey shared with the Cointelegraph, BNB Chain said that community calculations rely on deprecation metrics. The actual scoring formula used in the BNB chain reflects:
init_price_change_rank
Market_cap_rank
acc_volume_rank
Community calculations relied on the deprecated “Percent_Change_24H_RANK” and “Volume_24H_RANK”. When recalculated under the updated formula, both tokens earned 5.7, and according to the network the official tiebreaker (volume rank) has been enabled. The BNB chain said the deprecated dimensions were removed on February 21, “preventing miscalculation by the community.”
The BNB chain said the community relies on metrics that are not part of the official ranking formula. Source: BNB Chain
The BNB chain also dismissed concerns about an overly accurate 5.70000001 score. It states that this is the result of a floating point deviation caused by the IEEE 754 standard and does not retain the baseline value of the actual score.
Despite clarification, many F2B camps remain unconvinced, and the rules lack transparency and claim that the interim competition has changed.
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