On June 11, Binance Alpha Investment Center updated its policy regarding liquidity provision for Alpha tokens, as reported by on-chain analyst Ai Yi (@ai_9684xtpa) via COINOTAG. The revision specifies that users contributing to the liquidity pool (LP) for Alpha tokens will no longer earn extra points. However, these LP contributions will now be factored into the overall balance points, a metric previously excluding LP holdings. Despite this adjustment, the existing balance points cap of $100,000 remains intact, maintaining the threshold for user rewards. This policy refinement reflects Binance’s ongoing efforts to optimize incentive structures within its investment ecosystem, ensuring a more streamlined and equitable distribution of points for participants engaged in Alpha token liquidity provision.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024