Trading volume of #SERAPH on Binance Alpha should be relatively safe, and the price of #SERAPH will not crash within half an hour like ZKJ and Koge:
1. The Seraph project party just announced that they will lock all the coins in the Binance Alpha trading pair pool, how many #SERAPH coins and USDT will be locked, and for how long, is still unknown. We will check the blockchain after the official details are announced.
2. The total liquidity amount added by players to the #SERAPH/USDT pool is 402,000 USDT, which has already been staked. It will be unstaked on July 9, at which time players can withdraw from the pool. If the liquidity of #SERAPH on Binance Alpha remains strong after the staking period ends on July 9, players' added liquidity can continue to earn money, and it is very likely that they will not withdraw. Therefore, as long as Seraph manages its market value well and maintains a stable coin price, this is very possible.
These two assets are confirmed to remain in the SERAPH/USDT liquidity pool until July 9.
As long as these two liquidity amounts are not withdrawn, the price of #SERAPH will not crash and will continue to be traded at a stable price line.
By the way, Binance Alpha should actually introduce some new policies, requiring project parties listed on Binance Alpha to lock all the liquidity they provide for six months. This way, it will not allow Binance users to be harvested by these shortsighted project parties like yesterday's ZKJ and Koge.
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