Binance Alpha has announced the launch of Xeleb Protocol, which will be the first token featured on the platform, with trading scheduled to commence on August 11. An exclusive XCX Airdrop has also been launched for eligible users.
Launch of Xeleb Protocol on Binance Alpha
Binance Alpha will be the first platform to feature the Xeleb Protocol. Trading is set to begin on August 11 at 8:00 UTC.
Details of XCX Airdrop
To participate in the XCX Airdrop, users must have at least 200 Binance Alpha Points. Those meeting this requirement can claim 800 tokens on a first-come, first-served basis. If the reward pool is not fully claimed, the number of points required will be reduced by 15 every hour.
Tokenomics of Xeleb Protocol
The token $XCX has the following distribution:
* Ticker: $XCX * Total Supply: 1,000,000,000 * Staking Rewards: 10,000,000 (10%) * Core Team: 10,000,000 (10%) * Investors and Advisors: 70,000,000 (7%) * Liquidity (CEX & DEX): 200,000,000 (20%) * Community & Marketing: 200,000,000 (20%) * IDO and Initial Airdrop: 100,000,000 (10%) * Patterns and Acquisition: 100,000,000 (10%) * Treasury: 130,000,000 (13%)
The launch of the Xeleb Protocol and the XCX Airdrop provides participants on the platform with an opportunity for profit. However, the success of the project will depend on community support and the realization of its potential.