Binance Alpha Adds Degen (DEGEN)... Announces Change to Alpha Airdrop Method

Source
Minseung Kang

Summary

  • The meme coin Degen (DEGEN) has been officially selected for the Binance Alpha platform.
  • Users who hold at least 245 Alpha Points can receive DEGEN tokens via airdrop, which will be operated with a deduction of 15 points per airdrop claim.
  • Binance announced that starting from the 19th, the airdrop will be divided into two stages and the token distribution method will be changed.

The meme coin Degen (DEGEN) has been officially selected for the Binance Alpha platform.

On the 14th (local time), Binance Alpha announced, "We have selected Degen as a Binance Alpha project. Users holding more than 245 Alpha Points can claim 13,862 DEGEN tokens from the Alpha event page." This airdrop will start at 16:00 (KST) on the same day, and users must complete the claim within 24 hours. If the claim is not completed, it will be considered forfeited.

According to Binance Alpha, 15 points are deducted for each airdrop claim. This structure is designed to encourage differentiated participation among point holders.

Meanwhile, Binance announced that starting from the 19th, the Alpha Airdrop will be operated through a two-step process. The first stage will allow users who possess more than the existing standard (X points) to claim during a specified period, while the second stage will relax the threshold to a new standard (Y points) and distribute any remaining tokens on a first-come, first-served basis. Detailed criteria and schedule will be provided later.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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