**[Meme Express: BNCDAO Market Cap on BSC Surpasses $1.06 Million]** According to Odaily Meme Express monitoring, the market cap of BNCDAO on BSC has surpassed $1.06 million. Multiple users on X have stated that BNCDAO revolves around the concept of a BNB treasury tied to Nasdaq-listed company CEA Industries (stock ticker: BNC). The project places stock-related assets into an on-chain treasury, allowing token holders to decide how these assets are utilized. After staking tokens, holders can participate in voting to determine whether the treasury assets should be accumulated, distributed, or used for buybacks. Voting power is determined by the amount and duration of tokens staked. Additionally, BNCDAO charges transaction fees, with a portion distributed to holders in the form of BNCB and another portion used to purchase BNCB and deposit it into the governance treasury. The project team claims that the treasury fund flows and voting results can be queried on-chain. "Meme Express" is curated exclusively by Odaily's AI model to identify community-discussed potential projects. The content is compiled based on publicly available information and does not constitute investment advice. Please exercise caution and be aware of the high volatility risks associated with meme tokens.