Event Overview
The 10th exclusive TGE (Token Generation Event) of Binance Wallet will be held on April 18, 2025, from 17:00 to 19:00 (UTC+8) on the PancakeSwap platform, with the joint project party Lorenzo Protocol (code name BANK) targeting a fundraising goal of approximately 2 million USD equivalent in BNB (subject to page display). This event aims to release new coins to the Web3 community users in advance through decentralized exchanges and distribute airdrops to qualified users.
—————-———————————————————————
1. Subscription Time and Method
• Subscription Time: April 18, 2025, from 17:00 to 19:00 (UTC+8).
• Subscription Entry:
1. Open the [Binance Wallet] App and find the homepage entry for the 'Exclusive TGE' event.
2. Click 'Subscribe Now' to automatically jump to the PancakeSwap Lorenzo Protocol project page.
3. Stake BNB according to the page instructions, complete the subscription, and wait for the lottery distribution.
Reminder: Make sure to switch the wallet to the BSC (BNB Smart Chain) network before the event starts and leave enough BNB to pay for network fees.
⸻—————————————————————————
2. Latest Eligibility Rules
This TGE event has adjusted to a 'holding and trading activity threshold', with specific requirements as follows:
1. Holding/Trading Requirements
• Users must participate during the period from 00:00:00 UTC on March 19, 2025, to 23:59:59 UTC on April 17, 2025 (which is 30 days prior to the subscription date),
• Through Binance non-custodial wallet or any channel of Binance centralized exchange.
• Complete one or more effective purchases of Binance Alpha tokens (either spot or asset accounts are acceptable).
2. Marketing Token Reserve
• To support future market promotions, an additional 84,000,000 BANK tokens will be specially reserved from this round's total amount, with specific release and usage details to be announced later.
Background Interpretation: Compared to past methods requiring a fixed number of BNB to be staked, this time it focuses more on filtering users who 'hold and have traded Binance Alpha tokens', aiming to incentivize community users for long-term attention and use of Binance ecological native products, while reducing the participation of simple volume-running external accounts.
⸻—————————————————————————
3. Rule Analysis and Response Strategies
1. Increase Participation Threshold
• Linking 'Buy Alpha' with 'Participate in TGE' may drive secondary market buying and liquidity for Alpha tokens in the short term.
• For users who only do 'passive holding' or do not trade regularly, additional actions are needed to meet eligibility.
2. Operation Suggestions
• Timely purchase: If you have not purchased Alpha during the eligibility period, please ensure to make a small purchase (at least 0.1 USD) through the App or Alpha section of the exchange before the event.
• Note on receiving: After purchasing, ensure that the transaction has been successfully 'completed and visible in the account', which can be confirmed in [Binance Wallet → Assets → Alpha Token].
• Prepare BNB: On the day of the event, transfer at least 3 BNB (or more, depending on personal budget) to the wallet in advance and switch to BSC.
• Network and Time Management: The subscription window is only 120 minutes, so ensure a stable network and set reminders in advance.
3. Risk Warning
• TGE subscription does not guarantee that all BNB will be allocated tokens, and there is a risk of lottery or oversubscription distribution.
• The market is subject to price fluctuations; if the secondary market price is below cost after subscription, users must bear the loss themselves.
• Please ensure to complete KYC real-name authentication and comply with local regulations to avoid participation restrictions due to compliance issues.
⸻—————————————————————————
4. Future Expectations and Focus Points
• Marketing token release: The market promotion usage and pace of 84 million BANK tokens have not been clarified, which may involve airdrops, staking rewards, or community incentives.
• Project Progress: The subsequent lock-up rules, launch time, and trading markets of Lorenzo Protocol need to be closely monitored through official announcements.
• Evolution of Play: If this threshold model proves effective, future TGE events by Binance Wallet may continue or optimize similar qualification screening that combines 'ecological token trading + participation'.
⸻—————————————————————————
Summary: This April 18 Binance Wallet exclusive TGE event focuses on 'ecological token trading activity', requiring users to complete at least one purchase of Alpha tokens within 30 days before subscription. Compared to the previous simple BNB staking method, this move helps enhance ecological stickiness, incentivize native product use, and to some extent combat arbitrage or external accounts. Users who have not met the criteria are advised to complete small purchases as soon as possible and prepare BNB and network conditions in advance on the day to maximize allocation opportunities.
