$BTC Wallet Launches Alpha Earn Hub as Wallet Hits $12.5B Daily Volume
The Binance Alpha Earn Hub, a new feature of Binance Wallet, enables users to provide liquidity for eligible Binance Alpha token pools and potentially get APR incentives from trading fees these pools produce. Participants may now earn Binance Alpha Points in addition to yield opportunities, which determine their eligibility for special advantages like Binance Alpha token airdrops and Token Generation Events (Tg es).
The launch coincides with Binance Wallet’s daily on-chain transaction volume surpassing $12.5 billion, a milestone largely attributed to growing user engagement with the Binance Alpha ecosystem. High trading volumes have resulted from this strong demand, and now that users may contribute liquidity, a positive feedback loop is created: more liquidity increases trading efficiency, which in turn generates more volume and a higher APR