Binance Alpha Launches Zentry (ZENT) Airdrop
- Zentry launched on Binance Alpha with an airdrop.
- Airdrop claiming thresholds adjust hourly.
- 96.2M ZENT prize pool in trading competition.
Binance Alpha has officially introduced Zentry (ZENT) with an airdrop on a first-come, first-served basis, accompanied by a trading competition involving a significant prize pool.
The event highlights Binance Alpha’s strategy to boost platform activity and liquidity, capturing increased user participation and sparking interest in Zentry among traders.
Binance Alpha Launches Zentry (ZENT) with Airdrop Competition
Binance Alpha has launched Zentry (ZENT), introducing an airdrop with an initial claim threshold of 230 Alpha points. Participants must claim on a first-come, first-served basis, with thresholds decreasing by 15 points every hour.
The launch features a trading competition linked to Zentry (ZENT) with a 96.2 million ZENT prize pool. The event requires users to hold 230 Alpha points and costs 15 points per claim.
The airdrop creates significant trading opportunities on Binance Alpha, driving liquidity and market participation. Eligible users can claim 4,000 ZENT tokens if thresholds are met.
Users must confirm their claim on the Alpha event page within 24 hours, otherwise it will be considered a forfeiture of the airdrop.
Financial implications include boosted activity on Binance Alpha, due to rewards worth approximately $800,000. This encourages user engagement and trading volume.
Continuous threshold reductions encourage quick participant actions amongst traders.
The event could establish Zentry’s presence in the crypto market. Analysts predict market volatility but see potential in incentivizing liquidity through large trading competitions.