Binance Announces 40th TGE, Lab (LAB), With Two Exclusive Alpha Airdrops on October 14

Key Takeaways:

• Lab (LAB) has been unveiled as the 40th token generation event (TGE) on Binance Wallet.
• Binance also announced exclusive Alpha airdrop events for Whitebridge Network (WBAI) and Recall (RECALL) on October 14.
• Eligible Binance users holding alpha points will be able to participate in all these events.

Binance has announced that it will host its 40th Binance Wallet Exclusive Token Generation Event (TGE), featuring the launch of Lab (LAB) on October 14. According to the announcement, the subscription for the LAB TGE will be held between 8:00 and 10:00 (UTC) on October 14.

As part of the launch, there will be an exclusive Binance Alpha airdrop event for eligible Binance users holding Alpha Points (APs). For those following the Lab project closely, the 40th Binance Wallet TGE is an opportunity to claim free $LAB tokens.

Details of the $LAB Token Generation Event (TGE)

• Project Name: Lab
• Token Ticker: $LAB
• TGE Date: October 14
• TGE Platform: Binance Wallet
• Airdrops Rewards: TBA (To Be Announced)
• Airdrop Platform: Binance Alpha
• Eligibility Requirements: Binance Alpha Points

On October 14, Binance will perform its 40th exclusive token generation, Lab ($LAB), hosted on Binance Wallet. Scheduled for October 14 from 8:00 AM to 10:00 AM (UTC), the Lab (LAB) TGE will allow eligible Binance Alpha users to subscribe to $LAB tokens using their Binance Alpha Points.

This 2-hour subscription window will follow the same mechanism as in Binance Wallet Exclusive TGEs, like that of JoJoWorld, where Binance users participate by converting Alpha Points into new tokens before they hit the market.

The Lab TGE is a time-sensitive event, as only those who redeem points within the two-hour window will qualify for the airdrop.

How to Participate in the $LAB Airdrop

The airdrop for Lab will happen immediately after the token generation event. Here’s what you need to know to participate in the airdrop:

• Check Eligibility: When further information about the event has been announced, confirm the minimum Alpha Points needed to participate in the $LAB TGE.
• Subscribe During the Event: During the subscription period, log into the Binance Alpha platform and spend the requisite Alpha Points to subscribe to the Lab airdrop.
• Claim $JOJO Tokens: If you meet the allocation and participation requirements, you will receive the allocated $LAB tokens directly into your Binance Wallet.

About the Lab Project

Lab is an AI-powered multi-chain trading infrastructure platform created to connect fragmented liquidity and enhance trader capabilities across DeFi markets. Lab offers users an all-in-one trading terminal that integrates advanced AI-driven analytics and multi-chain liquidity aggregation.

The aim of the project is to provide smarter, faster, and more efficient trading experiences. The platform’s proprietary AI engine supports algorithmic trading strategies and predictive analytics and provides traders with real-time market insights and portfolio optimization tools. These advanced analytics enable users to make more informed trading decisions by providing granular insights into market trends, risk exposure, and trade performance.

Lab provides a comprehensive trading infrastructure optimized for spot, limit, and perpetual trading across multiple blockchains. It connects liquidity from various DeFi networks, enabling seamless cross-chain trade execution, reducing slippage, and improving transaction speed. 

This multi-chain liquidity integration is critical as it allows traders access to a broader market and deeper liquidity pools than what is typically available on single-chain decentralized exchanges. Lab TGE will make LAB tokens available for trading and begin its journey toward wider adoption.