4Stock, a stock-themed token on BNB Chain, has rebounded to a market capitalization above $13 million, according to GMGN data, with its 24-hour gain exceeding 50%. The token was quoted at $13.4 million at the time of the update. The move came alongside a new reward distribution arrangement tied to Binance Alpha holdings. Under the plan, users holding 4Stock in Binance Wallet will receive rewards automatically in BNC4, distributed by Four Meme based on its own allocation rules and sent directly to users’ on-chain wallet addresses. For users holding through Alpha 2.0 on the centralized exchange side, Four Meme rewards will first be sent to the Binance Alpha vault contract address. Binance Alpha will then use daily random snapshots to calculate user holdings and distribute monthly rewards to spot accounts. To qualify as effective daily holdings, a user must hold more than 10,000 4Stock in a single day. Monthly rewards will be allocated based on each user’s share of the total effective holdings among all eligible users, and paid in BNCB, with 1 BNCB treated as equivalent to 1 BNC4 for reward calculations.
4Stock, a stock-themed token on BNB Chain, has seen its market capitalization recover to more than $13 million, according to GMGN data. The token was valued at $13.4 million at the time of the update, with a 24-hour gain of more than 50%.
Binance Alpha sets out reward distribution rules
On the news side, Binance Alpha released details on how rewards tied to 4Stock holdings will be distributed.
For users holding the token in Binance Wallet, rewards will be distributed by Four Meme under its own distribution rules. The payout will be made automatically in BNC4 and sent to users’ on-chain Binance Wallet addresses.
For users holding through Alpha 2.0 on the centralized exchange side, Four Meme rewards will be sent in a unified manner to the Binance Alpha vault contract address. Binance Alpha said it will use daily random snapshots to calculate user holdings, then distribute rewards to spot accounts on a monthly basis.
Holding threshold and payout calculation
A user must hold more than 10,000 4Stock in a single day for that day to count as effective holdings. Monthly rewards will be allocated in proportion to a user’s effective holdings relative to the total effective holdings of all eligible users.
Those rewards will be paid in BNCB. For reward calculations, 1 BNCB is treated as equal to 1 BNC4.
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