The LayerEdge (EDGEN) project has faced backlash from its community due to issues with a recent airdrop campaign on Binance Alpha. Users have raised concerns about transparency, unfair token distribution, and favoritism towards Binance Alpha users over early supporters. LayerEdge is a decentralized token utilizing Bitcoin's security layer to tackle blockchain scalability. Listed on Binance Spot via Binance Alpha, the project disappointed users with its airdrop. Complaints on X platform highlighted dissatisfaction, with some users receiving fewer tokens despite significant contributions. Binance Alpha's operational model, utilizing an Alpha Point system, has also been criticized for favoring certain users and promoting unhealthy trading practices. This lack of transparency and fairness could harm the long-term viability of projects like LayerEdge partnering with Binance Alpha, emphasizing the importance of community trust in the DeFi market. Read more AI-generated news on: https://app.chaingpt.org/news

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