Alpaca Finance: Market makers request temporary issuance of ALPACA tokens to support user trading needs
Alpaca Finance officially stated that Binance will delist the ALPACA token in the coming weeks. Alpaca Finance stated that users can still trade ALPACA on other exchanges.
Due to today's ALPACA trading volume exceeding 1 billion tokens, market makers requested Alpaca Finance to temporarily increase the issuance of ALPACA tokens from the reserve fund to support users' trading needs during the remaining trading time on Binance. The project team stated that when the trading volume decreases, these additional tokens will be returned to the reserve fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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