PANews reported on December 3rd that Binance announced on its X platform that it will open applications for the Binance Alpha airdrop at 21:00 (UTC+8) today. Users holding at least 242 Binance Alpha Points are eligible to apply for the token airdrop. Applications will be accepted on a first-come, first-served basis until the airdrop pool is exhausted or the event ends. Further details will be announced separately. Please follow Binance's official channels for the latest updates on the specific airdrop tokens.


Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more
