Binance Announces Alpha Launch and Exclusive Airdrop for OpenEden (EDEN) on September 30

Key Takeaways:

• Binance has announced that it will be the first platform to support OpenEden (EDEN).
• As part of the launch on September 30, Binance will host an exclusive airdrop campaign on Binance Alpha.
• Participation is tied to Binance Alpha Points, with the $EDEN airdrop claim only open to users who meet the criteria.

After a successful Booster Campaign in August, Binance has announced that Alpha will be the first platform to support OpenEden (EDEN). The launch scheduled for September 30 will be accompanied by an exclusive airdrop campaign on Binance Alpha.

On a first-come, first-served basis, eligible Binance Alpha users will claim free $EDEN tokens when the project goes live on the platform’s Alpha Events page. In this article, we will explain the OpenEden airdrop details, what the project is about, and how to claim $EDEN tokens.

Binance Alpha Airdrop Details for OpenEden (EDEN)

• Project Name: OpenEdedn
• Token Ticker: $EDEN
• Airdrop Date: September 30
• Airdrops Rewards: TBA (To Be Announced)
• Platform: Binance Alpha
• Eligibility Requirements: Details coming soon 

How To Claim the $EDEN Airdrop

OpenEden will officially be listed on Binance Alpha on September 30 at 11:00 (UTC). Immediately the portal opens, eligible users can begin applying for the $EDEN airdrop. To qualify for this airdrop, you will need to hold a certain number of Alpha Points. 

If you meet this requirement, do the following to participate in the $EDEN airdrop:

• Once trading begins, head on to the Binance Alpha page. 
• Locate OpenEden on the Alpha Event page.
• Apply for the $EDEN airdrop, and a claim cost of 15 Alpha Points will be deducted from your account. You can only apply for this airdrop once.
• Claim the $EDEN tokens allocated to you within 24 hours, or it will be considered that you forfeited your claim to the airdrop.
• After you claim and confirm, the airdrop tokens will be credited to your Binance Alpha account.

Please note: The number of Alpha Points to qualify for the airdrop will be announced soon. This figure usually varies, just like the airdrop rewards. For example, the Hana Network Airdrop required 170 APs and issued 270 $HANA, the Mira Network Airdrop required 170 APs and issued 100 $MIRA, while the Plasma Airdrop required 70 APs and issued 180 $XPL. 

About the OpenEden Project

OpenEden is a Real-World Asset (RWA) tokenization platform built to offer regulated real-world assets on-chain. The primary mission of the project is to unlock trillions of dollars in traditionally illiquid financial assets by providing 24/7 on-chain access to Regulated U.S. Treasury securities, in particular, short-dated U.S. Treasury Bills (T-Bills) through tokenization.

The TBILL token is one of the flagship products offered by OpenEden. It is fully secured by real-life U.S Treasuries and operated by licensed fund managers under a fund management company registered in Singapore. OpenEden additionally provides USDO, a regulated yield stablecoin that is secured by tokenized T-Bills.

Since OpenEden is managed by licensed/regulatory bodies, employed by professional custodians, and its services are externally audited, its services are likely to be more acceptable to institutional investors than most unregulated DeFi protocols. 

Also, its decision to stick with U.S. Treasuries and similar instruments reduces risks and volatility, making OpenEden an attractive option for retail and institutional investors looking to enter the digital asset space, but avoid the inherent volatility.