Written by: Biteye core contributor Viee
From Launchpool mining to Megadrop, HODLer airdrop, and the highly anticipated Web3 wallet TGE activities and Alpha airdrops under the Alpha points system, Binances money-making effect continues to iterate, providing opportunities for users with different risk preferences and capital sizes.
However, faced with an endless stream of new activities, most retail investors are often dazzled and don’t know where to start. This article aims to deeply sort out Binance’s four current mainstream money-making activities - Binance Wallet Alpha Airdrop/TGE, Launchpool, HODLer Airdrop and Megadrop, and explain in detail the core rules, participation process and latest earnings of each activity. More importantly, this article will summarize the specific money-making paths and skills under the two core strategies of steadily holding BNB and actively brushing Alpha points at the end, to help everyone efficiently dig for gold in the Binance ecosystem and maximize their earnings.
1. Overview of Binance’s four major IPO mining activities
In order to give everyone a quick overview of Binance’s current major IPO mining activities, we provide a general comparison of their rules and processes in the following table:
Next, we will analyze each activity in more detail.
2. Binance Wallet TGE Event Alpha Airdrop: Grab the Ticket for Early-stage Projects
Binance Alpha has launched two core high-value activities: Token Generation Event (TGE) and Alpha Token Airdrop. The key is to participate in the initial stage of the project token public offering (TGE) through the Binance Web3 wallet, and even directly obtain airdrops. Such activities are closely linked to Binances Alpha points system. An account with high Alpha points is often more likely to qualify for participation.
2.1 Core rules and participation process
Users can obtain subscription or airdrop qualifications by meeting the Alpha points threshold through Binance Web3 wallet. The process is as follows:
2.2 Alpha scoring rules
Points are composed of asset balance points and trading volume points. Every day at 23:59:59 UTC time, a snapshot of the users asset balance in the Binance CEX main account and the keyless wallet, as well as the amount of Alpha tokens purchased in the past 24 hours, will be taken to calculate the points for the day. Points are calculated on a rolling 15-day basis, and each point expires after 15 days. The specific rules are as follows:
Balance points: Total asset balance is counted and points are awarded in stages. For example, a balance of $100-$1,000 is 1 point per day, $1,000-$10,000 is 2 points per day, $10,000-$100,000 is 3 points per day, and ≥$100,000 is 4 points per day. The maximum daily balance point is 4 points (corresponding to a position ≥$100,000).
Trading volume points: The total amount of Alpha tokens purchased on the Binance platform or wallet on the same day (sales are not counted). Points increase by doubling the purchase amount: 1 point for buying $2, 2 points for $4, 3 points for $8, 4 points for $16, 5 points for $32, and 1 point for each doubling of the amount thereafter. For example, if you buy $600 and then sell $500, the points are still calculated based on $600. Starting in May, Binance launched a double points campaign. Purchasing Alpha tokens on the BSC chain or using a limit order can double the transaction amount. This benefit greatly reduces the pressure of brushing points.
Note: When confirming participation in an Alpha event (such as the Alpha Airdrop or TGE), Alpha Points will be consumed immediately.
2.3 Alpha Points Efficient Scoring Techniques
The following strategies are based on community experience and are for reference only. Please pay attention to costs and risks.
Key Tips:
Points requirement: The threshold is getting higher and higher. In the recent airdrops, it is safer to get more than 200 points.
Buy and Sell: Sell Alpha tokens immediately after purchase to control risk, with the main costs being transaction slippage and fee wear and tear.
Multiple accounts: Low-cost scoring with multiple accounts may be more effective than high-cost investment with a single account (pay attention to platform rules).
Double trading volume activity: Binance launched activities such as doubling trading volume. You can buy any Alpha token by purchasing Alpha tokens on the BSC chain or placing a limit order. Please note that placing a limit order may not necessarily result in a successful purchase.
Trading operation tips: Choose a pool with high liquidity; choose a currency with an upward price trend within a few minutes; large-volume transactions can be split, such as transactions above 2000 U can be divided into 4 transactions; choose a currency with a transaction fee of 0.01% and a price impact of less than 0.01%. You can also consider using a limit order to sell, which guarantees profits while earning double points. Currently, B2, AIOT, MYX and ZKJ not only have point rewards, but also can participate in trading competitions: https://www.binance.com/zh-CN/support/announcement/detail/afa3aa4588404598b42950885355bef4
2.4 Benefit Analysis
The following table calculates the historical returns of Binance TGE IPO and Alpha airdrops, and the money-making effect continues to be significant. For example, the single number income of the SHELL project on the day of its launch was as high as 280 u, and the single number income at the highest price in history reached 583 u; the single number income of the HYPER project on the day of its launch was 207 u, and the highest in history was 280 u; the single number income of the PARTI project on the day of its launch was also 140 u. For example, assuming that an account that meets the conditions participates in all the above projects, the total income calculated at the price on the day of launch is about 2933 u. If it can be sold at the historical high, the income will be as high as 5242 u. However, it should be noted that not all projects have high returns, and the number of airdrops and participation qualifications vary from project to project.
3. Launchpool: Robust Staking Mining
Binance Launchpool allows users to stake their BNB, FDUSD, USDC and other tokens to obtain token rewards from new projects for free in the form of mining. This is a relatively stable and easy-to-operate way to earn coins.
3.1 Core rules and participation process
Users invest eligible tokens into the corresponding mining pool and receive new token rewards based on the investment ratio and duration.
3.2 Comparison of returns and strategies of different token pools
BNB and FDUSD have better returns than USDC: As can be seen from the table below, the annualized rate of return (APY) of the BNB pool is usually competitive, but it needs to bear the price volatility risk of BNB itself. The stablecoin pool (FDUSD, USDC) has lower risks and stable principal value, which is suitable for risk-averse investors. Its APY may sometimes even exceed that of the BNB pool. Among them, FDUSD, as the main stablecoin promoted by Binance, can often obtain an APY similar to or even higher than that of the BNB pool in Launchpool activities, and sometimes the allocation amount is larger.
Funding Allocation:
BNB long-term holders: Putting BNB into the BNB pool is a natural choice, achieving killing two birds with one stone (enjoying the potential increase in BNB + mining income).
Conservative investors: Give priority to the FDUSD pool, followed by the USDC pool.
For those with large amounts of capital: they can be appropriately dispersed into different pools, or dynamically adjusted based on the APY of each pool.
4. HODLer Airdrop: Exclusive Benefits for BNB Holders
HODLer Airdrop is a passive welfare mechanism designed by Binance for long-term BNB holders. Users only need to hold BNB and subscribe to Binance Earn’s current or fixed products to have the opportunity to receive airdrop tokens from new projects.
4.1 Core Rules and Participation Process
When users deposit BNB into Binances principal-guaranteed financial products (including fixed-term or current financial products, or on-chain income products), Binance will take random snapshots of their BNB holdings during the event and issue a corresponding number of new coin airdrops based on the holdings. This mechanism ensures that holders can share the dividends of new project launches without frequent operations. The process is as follows:
4.2 Benefit Analysis
At the same time, Binances HODLer airdrop activity has also brought continuous and considerable passive income to long-term holders of BNB. In the income calculation in the table below, based on the closing price on the day of the airdrop, the BERA project achieved an astonishing 328.5% APY, and the KAITO and LAYER projects achieved APYs of 107.0% and 106.1% respectively; even recently, such as the SIGN project, the APY has reached 55.9%. HODLer airdrops are not just a small-probability surprise, but an effective way to effectively improve the comprehensive yield of holding coins, further strengthening the value perception of BNB as a golden shovel.
5. Megadrop: BNB lock-up + Web3 task combination gameplay
Binance Megadrop is a new token issuance platform that combines BNB lock-up (a regular product that earns coins through Binance) and Web3 tasks (through Binance Web3 wallet). It can be regarded as the Binance version of interactive airdrop: on the one hand, users need to lock a certain amount of BNB in a fixed-term financial management, and on the other hand, they need to use Binances own Web3 wallet to complete the designated on-chain tasks. The combination of the two determines the final airdrop share.
5.1 Core Rules and Participation Process
Megadrop distributes rewards by points, and the amount of airdrops for each user is proportional to their points. Points are composed of two parts:
Locking BNB Points: Users subscribe BNB to regular financial management for a certain period of time, and the system calculates points based on the amount of locked positions and the length of the period. The more locked and the longer locked, the higher the points.
Web3 task points and bonuses: Users must complete project-related on-chain tasks (usually interactive project DApps, bridge assets, etc.) in the Binance wallet. Completing all designated tasks will earn them a fixed basic points reward and a task completion multiplier bonus.
Total score = (locked BNB score * Web3 task multiplier) + Web3 task reward.
5.2 Benefit Analysis
The following table calculates the yield of the two Megadrops this year. From the historical data of SOLV and KERNEL, completing Web3 tasks can increase the final token rewards and APY bonus. If you don’t stake BNB, you can also get a minimum income by completing tasks.
VI. Summary - Two core strategies to help retail investors dig for gold efficiently
Faced with Binances diverse money-making activities, you can choose a core strategy that suits you based on your own financial situation, risk preference, time and energy, and your judgment on the value of BNB.
The following summarizes the two major strategies and their ways to make money:
6.1 Strategy 1: Hold BNB steadily but don’t like to cheat
Applicable people: Suitable for users who are optimistic about the long-term value of BNB and are willing to hold it for the medium and long term, and do not like to spend time and energy on alpha points.
Main sources of income:
Launchpool Mining: Use your BNB to participate in each new coin mining and get free token rewards.
HODLer Airdrop: Deposit BNB into Binance Earn Financial Management and receive irregular airdrops without any effort.
Megadrop Task: Use the BNB you hold to participate in the Megadrop event, lock up a portion of your BNB and complete the task to get the airdrop before the project goes online.
BNBs own appreciation and others: In addition to the above-mentioned extra benefits, BNB, as a core asset of the Binance ecosystem, has also brought capital gains to holders through its long-term price increase. In addition, holders of BNB can also enjoy transaction fee discounts.
Combined reference path: Deposit most of the BNB into the BNB Vault (or simply earn coins in a current account), so that the BNB will have interest every day and can be used for Launchpool and Megadrop at the same time. Whenever Launchpool starts, use the BNB in the Vault to directly stake for mining. At the same time, those BNBs are still included in the HODLer snapshot and do not affect subsequent airdrops. When encountering a Megadrop event, choose to transfer part of the BNB to a regular account (such as more than 30 days) to earn more points, and use the BNB wallet to complete all tasks. After getting the tokens at the end of the event, unlock the BNB back to the Vault. In this way, a three-head profit can be achieved for a BNB fund: interest + airdrops at ordinary times, new coins during Launchpool, and extra coins for tasks during Megadrop.
6.2 Strategy 2: “Brush” Binance Alpha Points, hold no or a small amount of BNB
Applicable people: This strategy is suitable for users who do not have much or even zero BNB holdings, but are willing to gain returns through frequent operations and small capital investment. In other words, it is the so-called Alpha Points Party - with the goal of obtaining airdrops, actively brushing points in exchange for rewards.
Main sources of income:
Alpha airdrop: By increasing Alpha points, you can meet the qualification requirements of various Alpha airdrops and TGEs first, and you may earn thousands of dollars through airdrops within a month. However, you need to pay attention to changes in the rules and thresholds, and the benefits are uncertain.
Secondary market arbitrage: If you are optimistic about the project, you can choose to hold some of the airdropped tokens for a period of time and sell them after the price goes up to obtain higher returns.
Expected costs and benefits: Based on the current market situation, 200 points can basically cover most of the Alpha airdrop qualifications in a month. Of course, sometimes the qualification requirements will exceed 200 points. Assuming that there are 9-10 airdrops in a month, each airdrop is worth 60 u, and the total income is about 540-600 u, which can cover the cost of brushing points (about 40 u). If you can encounter a big hair like NXPC, the income of a single project will soar to more than 500 u.
6.3 Strategy 3: Take all the benefits, hold BNB and earn Alpha points at the same time
For most retail investors, a moderate combination of the two strategies may be a better choice. For example, use part of the funds to hold BNB for a long time as a ballast stone to enjoy its steady appreciation and basic benefits; at the same time, use another part of the energy to learn and participate in Alpha points-related activities to gain higher returns. Holding a certain amount of BNB to enjoy the ecological dividends, and using spare money to brush Alpha points to win airdrops, you can get the benefits of both sides.
