Binance launches Alpha Earn Hub: Easy to farm liquidity, but earning Alpha Points will be more expensive.

robot
Abstract generation in progress

Binance Wallet has just introduced a new feature called Binance Alpha Earn Hub, allowing users to provide liquidity for token pairs within the Binance Alpha ecosystem and earn APR from transaction fees. Additionally, users can accumulate Alpha Points, increasing their chances of participating in exclusive events such as token issuance (TGE) and airdrop.

Users can provide liquidity directly through PancakeSwap V3 right on Binance Wallet with three preset strategies: Wide, Medium, and Narrow, corresponding to different levels of liquidity concentration and risk.

Starting from June 11, 2025, the Alpha Points system will be updated to calculate points based on the liquidity position of PancakeSwap V3 in the Binance Wallet. The eligible pairs must have at least one side as an Alpha token, while the other side can be another Alpha token or a token listed on Binance's spot market.

Examples of eligible pairs:

  • Alpha token <> USDT
  • Alpha token <> BNB
  • Alpha token <> Alpha token

Users need to update the Binance application, access [Wallet] → [Earn] → select [Binance Alpha Earn Hub] to start providing liquidity and receive rewards.

This also means that farming Alpha Points will be much more difficult, as the number of Points eligible for rewards will certainly increase.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)