Velo Protocol Airdrop and Trading Contest Now Live on Binance Alpha

Binance has announced the inclusion of Velo Protocol (VELO) on its Alpha platform, along with a special airdrop and trading contest for eligible users.

VELO Airdrop: Claim Begins June 16

Starting June 16, 2025, at 07:00 UTC, eligible users can claim 5,000 VELO tokens from the Alpha Events page.

To participate, users must:

• Have at least 242 Binance Alpha points.
• Spend 15 Alpha points to claim.
• Confirm the claim within 24 hours.

Unconfirmed claims will be voided after the deadline.

Two-Phase Airdrop System

Beginning June 19, 2025, the VELO airdrop will shift to a two-phase distribution model:

• Phase 1: Users meeting the initial threshold (X) can claim within a set time.
• Phase 2: The point threshold lowers (Y < X) and claims will be first come, first served until the airdrop ends or tokens run out.

76.25 Million VELO Trading Contest Incoming

Binance also revealed an upcoming VELO trading competition with a massive 76,250,000 VELO prize pool. Further details will follow, but users are encouraged to prepare for a high-stakes opportunity to trade and win.