Binance Wallet launches Binance Alpha Earn Hub: add liquidity to earn rewards with high APR and Alpha points.
Binance Wallet is pleased to introduce Binance Alpha Earn Hub, a new feature that allows users to add liquidity to eligible token pools of Binance Alpha and earn APR rewards from trading fees. In this way, they also accumulate Binance Alpha Points, which increases their eligibility for exclusive events such as Token Generation Events (TGE) and airdrops.
About Binance Alpha Earn Hub
With the Binance Alpha Earn Hub, users can seamlessly provide liquidity on PancakeSwap V3 directly from the Binance Wallet interface. PancakeSwap V3 allows for concentrated liquidity within a custom price range, improving capital efficiency and potentially increasing trading fee earnings. To facilitate this, the Alpha Earn Hub offers three predefined strategies:
Wide: Concentrated liquidity in a wider range to maximize active time in the pool and reduce the need for frequent adjustments.
Medium: Concentrated liquidity with a balanced approach between capital efficiency and active coverage of the price range.
Narrow: Concentrated liquidity in a narrower range of the current price with the goal of obtaining higher rewards from fees requires active management of their positions.
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