Binance Opens Eyieldbasis Prime Sale to Eligible Alpha Point Holders

Binance Opens Eyieldbasis Prime Sale to Eligible Alpha Point Holders

Binance’s first Prime Sale for Yieldbasis (YB) exceeded its target by 237 times, raising over 456,000 BNB, as users participated without consuming their Alpha points.

BNB

Fact Check
The provided evidence from PANews explicitly states that the participation threshold for the 'Eyieldbasis(YB) related Prime Sale' event on Binance is '144 Alpha points', which directly confirms the statement.
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Summary

Binance’s first Prime Sale for Yieldbasis (YB) successfully concluded on October 13, raising over 456,000 BNB, surpassing the target by 237 times. The sale was available to Alpha users with at least 144 points, offering participation without consuming those points. The token price was set at 0.0000767389 BNB, and the sale ran from 4 PM to 6 PM (UTC+8).

Terms & Concepts
  • Alpha Points: A reward metric used by Binance to determine user eligibility for certain exclusive programs or sales.
  • Prime Sale: A special offering enabling selected participants to purchase tokens or assets under defined eligibility criteria, often at favorable terms.
  • Yieldbasis (YB): A token or project featured on Binance’s platform for prime sale, accessible to qualifying Alpha point holders.