⚠️【Binance Wallet TGE: Bonding Curve / Internal Mechanism Explained】

Before participating in today's Binance Wallet TGE, here’s everything you need to know about this new investment mechanism:

The biggest difference between "Bonding Curve TGE" and the old version TGE is:

This model will not oversubscribe, and the price fluctuates with the buying time. In most cases, the earlier you buy, the lower the cost and the higher the returns.

1⃣ Pricing Mechanism:

The subscription price is no longer fixed; it increases with the amount purchased and is completely driven by the market. The earlier you buy, the lower the cost of the tokens.

2⃣ Allocation Mechanism:

Previous model: Subscription amount / total subscription amount, allocated proportionally, with excess funds automatically refunded.

Bonding Curve model: First come, first served. After the total subscription amount reaches the limit, you have to wait for others to sell before your transaction can be completed, preventing oversubscription.

3⃣ Pre-market Liquidity:

You can buy and sell during the subscription period, which is the internal market model for pumping. However, there is a subscription limit for each account, providing investors with a flexible exit mechanism.

💡 This model is more PVP-oriented, but it also has many benefits:

➤ For investors:

No need to worry about oversubscription, purchasing power is released in advance, allowing for autonomous decision-making on when to exit. However, it also requires more DYOR (Do Your Own Research), as the timing of buying and selling during the subscription period will affect profits and losses.

➤ For project parties:

No market-making costs in the early stages, the price is the financing amount, providing early liquidity and price discovery. Compared to previous models, the valuation cap using Bonding Curve is higher, and high-quality projects are more willing to go on Alpha.

👉 This is the first phase of the internal mechanism adopted by Binance Wallet.

This phase's $RION is the largest liquidity protocol on Aptos, Hyperion @hyperion_xyz, which carries the majority of Aptos's liquidity.

With this new model for investment, the expected returns should not be bad. The internal market is very likely to reach its peak, and there might still be profits after the opening.