【Binance Alpha】Step-by-step tutorial on adding liquidity to earn fees, along with tips to increase points
👉🏻 Yesterday, the Binance wallet "Alpha Wealth Center" was launched, integrating PancakeSwap V3 selected Alpha token pools.
Now, adding liquidity for Alpha tokens will also include the holdings in the Binance Alpha balance points, providing everyone with a step-by-step tutorial (see the image for specific operations)
💡 Key points to note:
1️⃣ Adding liquidity pools essentially involves placing orders within a specific price range:
Choose tokens with low price volatility but high trading volume for higher returns.
2️⃣ Pancake has three price selection strategies: broad, moderate, and precise:
Essentially, this means betting on the fluctuation range of "token prices". Selecting the appropriate price range will make it easier for orders to be frequently triggered and executed, thus generating more fee income.
3️⃣ Currently, tokens that meet the criteria:
High trading volume, stable prices. Currently, the tokens that meet the requirements are: $ZKJ, $KOGE. These two have the highest 24h trading volume and are easier to trade within a good range.
Pump has created a liquidity pool for $B - #USD1, adding a pool of 1000u+, earning 16u in profit overnight, which covers the cost of brushing alpha.
👉 Finally, an update on the Alpha balance scoring ladder:
$100 to < $1,000 = 1 point/day
$1,000 to < $10,000 = 2 points/day
$10,000 to < $100,000 = 3 points/day
$100,000 and above = 4 points/day
"4 points" is the upper limit of the balance part. Currently, adding a pool of 1000u+ has the highest cost-effectiveness.
In addition to earning "2 points", the pool's earnings can recover the brushing cost, and there's still profit to be made. If done well, it can achieve real zero-loss point brushing. Come and practice it now!
