Binance Wallet Hosts TGE Sale for Lorenzo Protocol (BANK)

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Binance

On April 18, 2025, Lorenzo Protocol (BANK) will open a Token Generation Event (TGE) on Binance Wallet through BNB Smart Chain, in collaboration with PancakeSwap. This event provides an opportunity for investors to purchase the official token of Lorenzo Protocol (BANK) at a preferential price before listing on a decentralized exchange (DEX).

=> Details: Participate in Lorenzo Protocol's Exclusive Token Generation Event (TGE) for Binance Wallet on PancakeSwap

Details of Lorenzo Protocol (BANK) TGE Event

  • Token Name: Lorenzo Protocol (BANK)
  • Blockchain: BNB Smart Chain
  • Registration Time: From 4 PM to 6 PM on April 18, 2025 (Vietnam Time)
  • Total Capital Raised: 200,000 USD
  • Price per Token: 0.0048 USD
  • Total Token Allocation: 42,000,000 BANK (2% of total supply)
  • Accepted Token: BNB
  • Maximum Registration Limit per Person: 3 BNB
  • Token Allocation: Based on the percentage of registered amount compared to the total amount sent during the event
  • Vesting: None (immediately unlocked)
  • DEX Trading Time: Immediately after 6 PM on April 18, 2025 (Vietnam Time) on Binance Wallet DEX or PancakeSwap

How to Participate in the TGE Event

To be eligible, participants must maintain a minimum asset value of $100 per day in their Binance account (both in Keyless wallet and on the exchange) continuously for 7 days before the TGE event start date.

Users can check their participation eligibility on the TGE event page on PancakeSwap.

Examples:

  • User A: Has $50 per day in Binance Wallet (Keyless) and $50 per day in Binance Exchange Account → Eligible

  • User B: Has $100 per day in Binance Wallet (Keyless), $0 in Binance Exchange Account → Eligible

  • User C: Has $0 in Binance Wallet (Keyless), $100 per day in Binance Exchange Account → Eligible

Additionally, users should note:

  1. Update the Binance application to the latest version.
  2. Access Binance Wallet, select the event banner and follow the instructions before 4 PM on April 18, 2025 (Vietnam Time).
  3. If you don't have BNB on BNB Smart Chain, users can swap BNB in Binance Wallet or deposit directly from Binance Spot account.
  4. Commit BNB as soon as the event begins.
  5. Token allocation based on the ratio of registered amount compared to total BNB sent.
  6. Users can receive BANK tokens and unused balance after the event ends

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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