Binance Alpha urgently needs reform.

New rules for $MAT distribution tonight:

Phase 1 (Guaranteed Airdrop): Users with a score above 243 can claim

Phase 2 (First Come, First Served): Users with a score exceeding 210 (but below 243) will be served on a first-come, first-served basis

Compared to the previous rules, the advantage is the introduction of a segregated pool, which ensures the returns for high-net-worth alpha users. The downside is that the three-party game between the platform, users, and project parties has not changed.

This is not a long-term game, but a zero-sum game.

If the CMC data is accurate, the current circulating market value of $MAT is less than $16 million, which is indeed not high for L2. Most of the holdings have not been released yet, hoping for a rebound next (please be aggressive).

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