Binance Wallet has launched the Alpha Earn Hub alongside a daily on-chain transaction volume surpassing $12.5 billion, attributed to growing user engagement.
Participants now have the opportunity to earn Binance Alpha Points and yield incentives, making them eligible for special advantages.
The Alpha Earn Hub in Binance Wallet allows users to provide liquidity for eligible token pools and earn APR incentives from trading fees.
High user engagement with the Binance Alpha ecosystem has led to increased daily transaction volumes, generating more liquidity and higher APR potential.
Winson Liu, Binance Wallet's Global Lead, highlighted the significant user demand and engagement, emphasizing the aim to provide users with more ways to support ecosystems.
Binance continues to enhance the Binance Alpha platform, enabling users to engage with early-stage Web3 projects and liquidity pools within Binance Wallet.
The Alpha Earn Hub offers three predefined liquidity strategies—Wide, Medium, and Narrow—to cater to different risk tolerances and market perspectives.
Qualified liquidity holdings in PancakeSwap v3 can now contribute to users' Binance Alpha Points as part of the new launch, offering more opportunities for rewards and special offers.
Binance aims to further develop the Binance Alpha ecosystem by incentivizing user involvement and enhancing user interaction.