Binance Alpha Points Internal Competition Intensifies: Users Frenziedly Grind Points, Meme Projects Also Win?
Original title: (Binance Alpha's Points Internal Competition Intensifies, but the Truth is Not So Sweet)
Original author: Frank, PANews
The points game of Binance Alpha is pushing 'internal competition' to an unprecedented extreme. When the points threshold once broke through the 200-point mark, and the airdrop return suddenly dropped to around $25, the decline in the user input-output ratio sparked widespread community discussion.
Under this seemingly winner-takes-all feast, one viewpoint suggests that its enormous traffic is 'overflowing' to other ecosystems like Sui and Solana, injecting vitality into them. However, what is the true situation of this overflow effect? What profound impacts will this 'haircut' carnival ignited by Binance Alpha ultimately bring to the industry?