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Binance Wallet has launched its inaugural Pre-Token Generation Event (Pre-TGE) Prime Sale, offering users early access to advanced crypto projects through proportional
subscriptions. The first project under this initiative, YieldBasis (YB), is set to be announced on October 10, 2025, at 13:30 UTC via the Binance Wallet X account [1]. This model aims to democratize participation in mature projects previously accessible only to private investors, expanding opportunities for verified users [2].The Pre-TGE Prime Sale operates on an over-subscription model, where users deposit BNB to secure proportional token allocations. Tokens remain locked until the project's official launch, with excess BNB automatically refunded post-subscription. This structure ensures transparency and fairness, aligning with Binance Wallet's broader strategy to enhance accessibility for retail investors [3]. The process includes three phases: BNB deposit subscription, token allocation (non-tradable), and trading commencement on Binance Alpha [4].
YieldBasis (YB), the first project in this offering, is a DeFi protocol addressing impermanent loss and volatile returns in liquidity pools. Developed by Michael Egorov, founder of Curve Finance, the protocol employs a 2x leverage system and automated position rebalancing to stabilize yields for liquidity providers. This innovation aims to mitigate risks associated with price volatility, particularly in assets like
[5].YieldBasis has completed a $50 million fundraising round with a 15x oversubscription, raising $5 million in its initial two-week public sale. The token allocation roadmap includes a 6-month lock-up period followed by gradual token distribution over two years. The project's total supply is 1 billion YB, with 10% allocated to the public sale and 30% reserved for liquidity incentives [5]. While the token's listing details remain unconfirmed, pre-market trading is available on platforms like Whales Market at $0.5 per token [5].
The Pre-TGE Prime Sale represents a strategic expansion of Binance Wallet's offerings, bridging early-stage crypto projects with a broader user base. By integrating advanced DeFi solutions like YieldBasis, Binance aims to foster innovation while addressing key challenges in liquidity provision. This initiative aligns with the exchange's broader vision to streamline access to cutting-edge projects, leveraging its user base and infrastructure to support project growth [2].

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