Binance Announces Exclusive Launch and Alpha Airdrop for STBL (STBL) on September 13

Key Takeaways:

• Binance Alpha will be the first global platform to support STBL (STBL) on September 13.
• An exclusive alpha airdrop will distribute free STBL tokens to eligible Binance users before the trading starts.
• The launch kickstarts what STBL calls the next chapter of stablecoin innovation.

Binance has announced that it will be the first platform to support STBL (STBL), a next-generation stablecoin project. To celebrate the exclusive launch scheduled for September 13, there will be an $STBL airdrop on Binance Alpha for users.

With the crypto market eagerly awaiting the launch of Stablecoin 2.0, STBL, on Binance, here's a comprehensive guide to what you need to know about the project its launch on Binance Alpha, the airdrop, and what to expect from this innovative platform.

STBL (STBL) Airdrop Detail

• Project Name: STBL
• Token Ticker: $STBL
• Airdrop Date: September 13
• Airdrops Rewards: TBA (To Be Announced)
• Platform: Binance Alpha
• Eligibility Requirements: Alpha Points (220)

How To Claim $STBL

To claim $STBL on September 13, you must hold a certain number of Binance Alpha Points (APs). While the eligibility requirement changes, recent campaigns, including the Unibase Airdrop, Avantis Airdrop, and PINGPONG Airdrop, required Binance users to hold between 200 and 220 APs to qualify.

Binance hasn't revealed further details on the STBL Binance Alpha campaing, including how many $STBL tokens will be issued for 15 APs (based on previous airdrops). However, the announcement states that more information will be provided in the upcoming days.

When STBL is listed on Binance Alpha, go to the Alpha Events page on the Binance app or website at the launch time. To claim the airdrop, pay the claim cost, and claim your $STBL tokens within 24 hours. 

Below is some important information you should know to be ready for the STBL launch and alpha airdrop on September 13:

• Ensure your Binance account is verified and KYC-compliant.
• Follow Binance's official announcements on Twitter, Telegram, and their website for updates on the opening of the $STBL airdrop.
• Maintain at least 220 APs to qualify for the airdrops. 
• Immediately after the event is announced, apply for the airdrop and claim $STBL. Note that the claim period is only 24 hours after the event begins.

About the STBL Project

STBL is an innovative stablecoin protocol that uses real-world assets (RWAs) and a novel yield splitting model. Users may mint USST stablecoins by depositing high-quality RWAs such as tokenized treasuries or money-market funds, without forfeiting a distinct yield claim.

It is a pioneering design that allows users to unlock their principal without losing their yield. They can then invest the yield in new DeFi strategies or re-invest in USST for more yield as the protocol continues to expand its supply of stablecoins through on-chain collateral. Here's how the STBL project works:

• USST (Stablecoin) – A 1:1, 100 percent collateralized stablecoin, which is designed to be efficient and power DeFi ecosystems.
• YLD (Yield NFT) – An innovative mechanism that separates the principal (stablecoin) from the yield. When users mint USST, they are given a YLD token that corresponds to the yield produced by the collateral. This opens up new liquidity possibilities without cutting passive income.
• STBL Token (Governance) – A governance token, which enables community members to affect the future of the protocol, such as voting on collateral, system upgrades, and integrations.

It is also important to note that STBL was created by Reeve Collins, a co-founder of Tether (USDT), the largest stablecoin by market capitalization, and the most utilized cryptocurrency for trading. This gives STBL a good foundation to pursue what it calls the next chapter of stablecoin innovation, Stablecoin 2.0.

Looking Ahead

The September 13 launch and Alpha Airdrop mark just the beginning for STBL. As the project scales, users can expect further integrations with lending, borrowing, derivatives, and other DeFi protocols. Binance's endorsement ensures that STBL enters the market with credibility, liquidity, and the global reach of the exchange.