Binance Wallet Announces Partnership with Four.Meme to Launch Exclusive Bonding Curve-Based TGE Event
Powered by ChatGPTOn July 14, according to the official announcement, Binance Wallet will launch a new Token Generation Event (TGE) model, which will adopt a Bonding Curve mechanism - a dynamic pricing method that adjusts the token price according to demand. This TGE is launched by Binance in cooperation with Four.Meme, marking the first TGE on the Binance platform to adopt this mechanism. Bonding Curve is a dynamic pricing model. During the TGE, the number of tokens purchased directly from the Bonding Curve contract will trigger automatic adjustment of the token price. As the number of tokens purchased increases, the price will gradually rise along a preset curve. This means that the token price is not fixed throughout the event, but will fluctuate according to demand. [Deep Tide TechFlow]