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 Binance Alpha token pools 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 liquidity to be concentrated within a customized price range, enhancing capital efficiency and potentially increasing earnings from trading fees. To facilitate this, the Alpha Earn Hub offers three predefined strategies:
Wide: Liquidity concentrated in a wider range to maximize time active in the pool and reduce the need for frequent adjustments.
Medium: Liquidity concentrated in a balanced approach between capital efficiency and active coverage of the price range.
Narrow: Liquidity concentrated in a narrower range of the current price aiming for higher rewards from fees requires active management of their positions.
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