"TGE" is an abbreviation for Token Generation Event, which is the token generation event.
In simple terms, it refers to the process of a project first minting/issuing its tokens on the blockchain, which is like the 'birth ceremony' of the token, marking its official creation and ability to be traded.
If we choose to hold BNB spot long-term and participate in staking, we can obtain other virtual currencies, which is Binance TGE!!
The influence of Binance (BNB) is certainly not limited to this; it is a very good event. Friends who participated last time have probably gained something, and today we can continue to discuss it together! This is convenient for new friends to communicate and learn!
Why is staking required before TGE? This is not about giving away money, but about selecting people.
Many users are confused when participating in TGE for the first time: why do I have to stake some coins (like BNB) to receive token distribution? This is actually a 'screening mechanism' by the project team:
Anti-bot airdrop: set thresholds to avoid bots and temporary accounts from exploiting the system.
Encouraging loyal users: your willingness to stake and lock up your assets is a form of support and voting for the project.
Fairer distribution: for example, the more you stake and the longer you stake, the higher the amount of tokens you can receive.
So, TGE ≠ free airdrop; it is more like a way to 'reserve' tokens in advance.
Understanding the TGE mechanism and making reasonable arrangements may allow you to seize the initiative and stay ahead of the major market trends. We often see various price comparisons with unstable trends, fluctuating up and down. Friends participating in contracts, especially those who have been liquidated, should know that contract trading is about the market, while participating in valuable tokens in advance is undoubtedly a good choice. Moreover, it does not require high risk if you are already prepared to hold BNB long-term! Stable financial management, saying goodbye to contract risks.
Group topic interaction: What do you think about this wave of TGE?
Which TGE/Launchpad have you participated in that left the deepest impression on you?
Do you think this Binance wallet TGE can ignite the market?
Are there any linked sectors or strategies that you have paid attention to in advance?
Final advice: choose good tools and hold BNB long-term!!! Group chat: Pipi Community Group Chat