Binance Wallet launches Alpha Earn Hub in the middle of a record of $ 12.5b day -day volume

The Binance Wallet rolled into the Binance Alpha Earn Hub on Wednesday. The hub will reward users who provide liquidity in Alpha’s token pools, which offers a form of annual interest generated by trading fees generated from these pools.

The introduction of the hub came as the Binance wallet exceeded $ 12.5 billion in the daily on-chain volume, a record high spurred by increasing activity around Binance Alpha, a platform hosting tokens launching and airdrops.

“Reaching a new all-time high of $ 12.5 billion in the daily on-chain amount of trade reflects the growing demand from users who are actively interacting with Binance Alpha in the Binance wallet,” said Winson Liu, global leadership of the Binance Wallet.

Recent release also means that liquidity providers will also get points for managing positions in the decentralized pancakeswap exchange, which is accessible by the Binance Alpha Earn Hub.

Points can be used to increase the allocation of newly released tokens and all will eventually be converted to token airdrops.