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Overlay Protocol (OVL) Debuts on Binance Alpha With Token Airdrop

Binance announced that OVL Alpha trading kicks off on August 14 at 15:30 (UTC+8), with users eligible for a 111-token airdrop by meeting Binance Alpha points requirements.

Summary

Binance officially announced that Overlay Protocol (OVL) Alpha trading will begin on August 14 at 15:30 (UTC+8). Users holding at least 200 Binance Alpha points can claim an airdrop of 111 OVL tokens on a first-come, first-served basis, with the points threshold lowering hourly. Participants must confirm their claim within 24 hours using 15 Alpha points per claim.

Terms & Concepts
  • Airdrop: A distribution method where cryptocurrency projects allocate free tokens to eligible users to promote wider adoption.
  • Binance Alpha Points: Points used within Binance’s Alpha platform that determine eligibility for specific events like token airdrops.
  • Alpha Trading: A trading setup on Binance’s Alpha platform, offering early or exclusive access to token trading events.