This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply.
Fellow Binancians,
Binance Wallet is excited to introduce a new Exclusive TGE model in collaboration with Aspecta, powered by the BuildKey mechanism.
Unlike traditional Token Generation Events (TGEs), this model first distributes allocations to users through BuildKeys. A BuildKey is a credential participants receive by depositing BNB via Aspecta, representing a certain token allocation. These BuildKeys can then be traded in a bonding-curve liquidity pool before the official token launch, and later redeemed for project tokens at TGE.
The first project to launch with this TGE model will be announced on the official Binance Wallet X account on 2025-09-18.
Phase 0: Preparation
View project info and connect your Binance Wallet (Keyless).
Check Binance Alpha Points eligibility to participate.
Phase 1: Deposit and Receive BuildKeys
Deposit BNB on Aspecta via the Exclusive TGE page on Binance Wallet to receive BuildKeys, which represents your allocation.
Allocation follows an oversubscription model and is distributed equally if oversubscribed.
Participation consumes Binance Alpha Points and is limited to eligible Binance Wallet users. Successful deposit secures a guaranteed token share.
Phase 2: BuildKey Trading
After the deposit phase ends, users can trade BuildKeys in the bonding curve liquidity pool.
Simultaneously, an additional allocation of BuildKeys is released by the project, subject to a hard cap. Binance Alpha Points are required to access trading but will not be consumed.
Users can buy or sell BuildKeys during this phase. Trading limits per wallet apply separately and do not include BuildKeys obtained in the deposit phase.
If BuildKeys are available in the pool, buy orders can be executed immediately.
If the pool reaches its hard cap, new buy orders can only be filled when other users sell their BuildKeys back into the pool.
Phase 3: TGE & Redemption
Once the TGE begins, BuildKeys can be redeemed for project tokens.
Alternatively, users may sell BuildKeys back into the pool at the current price.
After liquidity is added, the redeemed project tokens become transferable and tradable on Binance Alpha.
Early Liquidity: BuildKeys can be traded during the BuildKey Trading phrase, allowing participants to access liquidity before the official token launch.
Open Participation: When some participants sell their BuildKeys, new buyers can join the event and secure allocations throughout the BuildKey Trading period.
Transparent Pricing: Prices follow a predefined bonding curve that adjusts with demand, ensuring fair and predictable allocation for everyone.
More Flexibility: After TGE, BuildKeys can be redeemed for tokens at any time, or sold back into the pool while liquidity remains.
Notes:
A BuildKey is a credential participants receive by depositing BNB. It represents their token allocation and can be traded in the TGE pool or redeemed for project tokens at TGE. It is not transferable outside the TGE system.
Phase 1: Deposit & Allocation
The initial deposit phase (allocation via BuildKeys) is at a fixed price, similar to a traditional TGE.
Allocation follows a standard subscription model and is distributed equally if oversubscribed.
Phase 2: BuildKey Trading
BuildKeys can be traded in a bonding-curve liquidity pool before the official token launch.
Prices in the liquidity pool are dynamic and may vary with demand. Early buyers may get lower prices; later buyers may pay more.
The final price of tokens redeemed may differ from users' initial expectations due to trading in the bonding-curve pool.
Users should understand and accept the risks involved with TGE and Bonding-Curve based TGE trading before participating.
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-09-17
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Binance Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Wallet Terms of Use and always do your own research.
Binance Alpha features emerging digital assets which are not listed on the Binance Exchange. The labelling as an Alpha Asset does not imply that such asset will be listed on the Binance Exchange. You may lose all or part of what you invested. Please note that (i) Alpha Assets are exposed to increased price volatility, and therefore higher risks (ii) you are exposed to price slippage and blockchain fees (iii) Alpha Assets cannot be withdrawn from the Binance Exchange. Binance will not be responsible for any losses that you may incur arising from an investment in Binance Alpha Assets
The price of allocations acquired through participation in Bonding Curve Based TGE events is not fixed and will fluctuate depending on market forces and demand. Participants receive BuildKeys before the TGE, which can only be traded within the bonding curve pool during the event, and later redeemed for project tokens once the official TGE begins. You are responsible for ensuring you understand and accept the risks associated with participating in Bonding Curve Based TGE events, including but not limited to market volatility, dynamic pricing, and project-specific risks. Participation does not guarantee any profit, return, or liquidity. Users should conduct their own due diligence before committing.
