Author: Biteye Core Contributor Viee
From mining in Launchpool to Megadrop, HODLer airdrops, and the highly anticipated Alpha points system under the Web3 wallet TGE events and Alpha airdrops, Binance's earning effects continue to evolve, providing opportunities for users with different risk preferences and capital sizes.
However, in the face of a plethora of new activities, most retail investors often feel dazzled and do not know where to start. This article aims to deeply sort out the four main types of earning activities currently popular on Binance—Binance Wallet Alpha airdrops/TGE, Launchpool, HODLer airdrops, and Megadrop—detailing the core rules, participation processes, and the latest income situations for each activity. More importantly, this article will summarize the specific profit paths and techniques under the two core strategies of 'steadily holding BNB' and 'actively grinding Alpha points' to help everyone efficiently mine in the Binance ecosystem and maximize returns.
1. Overview of the four main new mining activities on Binance
To give everyone a quick overall impression of the main new mining activities on Binance, we summarize their rules and processes in the following table:
Next, we will provide a more detailed analysis of each activity.
2. Binance Wallet TGE events & Alpha airdrops: 'Tickets' for early project entries.
The Binance Alpha section has launched two core high-value activities: Token Generation Events (TGE) and Alpha token airdrops. The core idea is to participate in the early stages of project token public issuance (TGE) through the Binance Web3 wallet, and even directly receive airdrops. These activities are closely linked to Binance's Alpha points system; an account with high Alpha points often finds it easier to gain participation qualifications.
2.1 Core rules and participation process
Users can meet the Alpha points threshold through the Binance Web3 wallet to gain subscription or airdrop qualifications, the process is as follows:
2.2 Alpha points rules
Points consist of two parts: asset balance points and trading volume points. Daily snapshots of user asset balances in Binance CEX main accounts and non-custodial wallets will be taken at UTC time 23:59:59, along with the amount spent on Alpha tokens in the previous 24 hours, to calculate daily points. Points are calculated on a rolling 15-day basis, and each point expires after 15 days. The specific rules are as follows:
Balance points: The total asset balance is calculated, and points are awarded on a tiered basis. For example, a balance of $100-$1,000 earns 1 point daily, $1,000-$10,000 earns 2 points daily, $10,000-$100,000 earns 3 points daily, and ≥$100,000 earns 4 points daily. The maximum balance points per day is 4 points (for holdings ≥ $100,000).
Trading volume points: The total amount of Alpha tokens purchased through the Binance platform or wallet on the day is counted (sales are not counted). Points increase exponentially based on the purchase amount: buying $2 earns 1 point, $4 earns 2 points, $8 earns 3 points, $16 earns 4 points, $32 earns 5 points, and each doubling of the amount earns an additional point. For example, if you buy $600 and then sell $500, points are still calculated based on the $600. Starting from May, Binance has launched a double points event, where purchasing or using limit orders to buy Alpha tokens on the BSC chain will double the transaction amount for points, significantly reducing the pressure of grinding points.
Note: When confirming participation in Alpha activities (such as Alpha airdrops or TGE), Alpha points will be immediately consumed.
2.3 Efficient grinding techniques for Alpha points
The following strategies are summarized from community experiences and are for reference only. Please pay attention to costs and risks.
Key tips:
Points requirement: The threshold is getting higher; recently, airdrop points need to exceed 200 to be relatively safe.
Buy and sell immediately: Purchase and immediately sell Alpha tokens to control risks, with main costs being transaction slippage and fee erosion.
Multiple accounts: Low-cost grinding points through multiple accounts may be more effective than high-cost investment in a single account (be mindful of platform rules).
Double trading volume activities: Binance has launched activities such as doubling trading volume, allowing for double points when purchasing Alpha tokens on the BSC chain or placing limit orders to buy any Alpha tokens. Note that placing limit orders does not guarantee successful purchases.
Trading operation tips: Choose pools with high liquidity; tokens with upward price trends within minutes; large trade volumes can be split; for instance, trades over 2000U can be divided into 4 transactions; choose tokens with transaction fees of 0.01% and price impact less than 0.01%. It is also worth considering using limit orders to sell, ensuring profit while also earning double points. Currently, B2, AIOT, MYX, and ZKJ not only have point rewards but can also participate in trading competitions: https://www.binance.com/zh-CN/support/announcement/detail/afa3aa4588404598b42950885355bef4
2.4 Income analysis
The table below estimates the historical returns of Binance's TGE new mining activities and Alpha airdrops, showing a significant and sustained earning effect. For example, the single-order return on the day of the SHELL project launch reached as high as 280u, with the historical highest single-order return reaching 583u; the single-order return on the day of the HYPER project launch was 207u, with a historical high of 280u; the single-order return for the PARTI project on the launch day was also 140u. For instance, if an eligible account participated in all the aforementioned projects, the total return based on the launch day prices would be approximately 2933u, and if sold at historical highs, the return could reach 5242u. However, it should be noted that not all projects yield high returns, and the number of airdrops and participation qualifications vary by project.
3. Launchpool: Stable staking mining
Binance Launchpool allows users to stake their BNB, FDUSD, USDC, and other tokens to 'mine' new project token rewards for free. This is a relatively stable and simple way to earn tokens.
3.1 Core rules and participation process
Users invest eligible tokens into the corresponding mining pools and receive new token rewards based on their input ratio and duration.
3.2 Comparison of returns from different token pools and strategies
BNB and FDUSD returns outperform USDC: As seen in the table below, the annualized yield (APY) of the BNB pool is usually competitive, but one must bear the price volatility risk of BNB itself. Stablecoin pools (FDUSD, USDC) have lower risks, stable principal value, suitable for risk-averse investors, and their APY may sometimes even exceed that of the BNB pool. Among them, FDUSD, as Binance's main stablecoin, often achieves APYs close to or even higher than the BNB pool in Launchpool activities, and sometimes has larger allocation amounts.
Capital allocation:
Long-term BNB holders: Putting BNB into the BNB pool is a natural choice to achieve 'more fish to eat' (enjoy potential appreciation of BNB + mining rewards).
Conservative investors: Prioritize the FDUSD pool, followed by the USDC pool.
Large capital holders: Can appropriately diversify into different pools or dynamically adjust based on each pool's APY.
4. HODLer airdrop: Exclusive benefits for BNB holders
HODLer airdrop is a passive benefit mechanism designed specifically for long-term BNB holders by Binance. Users only need to hold BNB and subscribe it to Binance Earn's flexible or fixed products to have a chance to receive airdropped tokens from new projects.
4.1 Core rules and participation process
Users can deposit BNB into Binance's principal-protected financial products (including fixed or flexible investments, or on-chain income products). Binance will randomly snapshot their BNB holdings during the activity period and distribute a corresponding number of new token airdrops based on the holdings. This mechanism ensures that holders do not need to operate frequently while still sharing in the dividends of new projects going live. The process is as follows:
4.2 Income analysis
At the same time, Binance's HODLer airdrop activities have also brought continuous and considerable 'passive income' for long-term BNB holders. In the return calculations in the table below, based on the closing price on the day of the airdrop, the BERA project achieved an astonishing 328.5% APY, while the KAITO and LAYER projects also achieved APYs of 107.0% and 106.1%, respectively; even recent projects like SIGN achieved an APY of 55.9%. HODLer airdrops are not just small-probability surprises; they are an effective way to significantly enhance the comprehensive return rate for holders, further reinforcing the perceived value of BNB as a 'golden shovel.'
5. Megadrop: BNB locking + Web3 task combination play
Binance Megadrop is a new token issuance platform that combines BNB locking (through Binance's earning financial products) and Web3 tasks (through the Binance Web3 wallet). It can be viewed as Binance's version of 'interactive airdrops': on one hand, users need to lock a certain amount of BNB in fixed-term investments, while on the other hand, they must complete designated on-chain tasks using Binance's Web3 wallet. The combination of the two determines the final airdrop share.
5.1 Core rules and participation process
Megadrop distributes rewards based on points, with the number of airdrops each user receives being proportional to their points. Points are composed of two parts:
Locked BNB points: Users subscribe to fixed-term financial products with BNB. The system calculates points based on the amount locked and the duration. The more you lock and the longer you lock, the higher your points.
Web3 task points and bonuses: Users must complete project-related on-chain tasks within the Binance wallet (usually interacting with DApps, bridging assets, etc.). Completing all designated tasks will yield fixed basic point rewards as well as task completion multipliers.
Total score = (Locked BNB score * Web3 task multiplier) + Web3 task rewards.
5.2 Income analysis
The table below estimates the return rates of this year's two Megadrop events. Based on historical data from SOLV and KERNEL, completing Web3 tasks can enhance the final token rewards and APY bonuses. If BNB is not staked, one can still earn a basic income by completing tasks.
6. Summary - Two core strategies to help retail investors efficiently mine profits
Facing Binance's diverse earning activities, users can choose a suitable core strategy based on their capital situation, risk preference, time and energy, and their valuation of BNB.
The following summarizes two major mainstream strategies and their profit paths:
6.1 Strategy One: Steadily hold BNB, but do not like to grind points.
Applicable groups: Suitable for users who are optimistic about BNB's long-term value and are willing to hold it for the medium to long term, and do not prefer spending time and energy grinding alpha points.
Main sources of income:
Launchpool mining: Participate in new coin mining with held BNB and receive free token rewards.
HODLer airdrop: Deposit BNB into Binance Earn finance and passively receive periodic airdrops.
Megadrop tasks: Participate in Megadrop activities using held BNB, lock a portion of BNB and complete tasks to receive airdrops before project launches.
BNB appreciation and others: In addition to the aforementioned 'extra income', BNB, as a core asset of the Binance ecosystem, also brings capital gains due to its long-term price increase. Additionally, holding BNB provides discounts on trading fees.
Combined reference path: Deposit most of the BNB into the BNB Vault (or simple earning flexible option), so BNB earns interest daily while also being available for Launchpool and Megadrop. Whenever Launchpool starts, directly stake BNB from the Vault for mining. At the same time, those BNB still count towards HODLer snapshots, not affecting subsequent airdrops. When Megadrop events occur, choose to transfer part of the BNB into fixed-term (e.g., over 30 days) to earn more points while using the BNB wallet to complete all tasks. After the activity ends and you receive the tokens, unlock the BNB back to the Vault. This cyclical operation achieves profit from a single BNB fund in three ways: earn interest + airdrops regularly, harvest new coins during Launchpool, and complete tasks during Megadrop for extra tokens.
6.2 Strategy Two: 'Grind' Binance Alpha points, holding little or no BNB
Applicable groups: This strategy is suitable for users who don't hold much BNB or even none at all but are willing to operate frequently and invest small amounts to gain returns. In other words, the so-called 'Alpha points party'—focused on obtaining airdrops by actively grinding points for rewards.
Main sources of income:
Alpha airdrop: By grinding high Alpha points, one can preemptively meet the qualification requirements for various project Alpha airdrops and TGE, with the potential to profit thousands of dollars from airdrops within a month. However, one must keep an eye on changing rule thresholds, and the income also carries uncertainty.
Secondary market arbitrage: For some of the airdropped tokens, if the project looks promising, one can choose to hold them for a while and sell them after the price rises for higher returns.
Expected costs and returns: Based on current market conditions, 200 points can basically cover most Alpha airdrop qualifications within a month, though sometimes the qualification requirement exceeds 200 points. Assuming there are 9-10 airdrops in a month, each worth 60u, the total could yield about 540-600u in returns, covering the cost of grinding points (around 40u). If one encounters a big project like NXPC, returns for a single project could soar above 500u.
6.3 Strategy Three: Take all benefits, hold BNB while grinding Alpha points.
For most retail investors, moderately combining the two strategies may be a better choice. For example, holding a portion of funds in BNB for the long term as a 'ballast' to enjoy its stable appreciation and basic benefits, while also using another portion of energy to learn and participate in Alpha points-related activities to seek higher returns. This way, one can enjoy ecological dividends by holding a certain amount of BNB while also using spare money to grind Alpha points for airdrops, capturing benefits from both sides.
