Wu said, according to research by the Memento Research team led by Ash, data mining of Binance Listing reveals that the total allocation of new coins rarely exceeds 5% of the total supply; large-scale, high FDV projects typically allocate less than 1%; medium-sized projects tend to allocate more, mainly for user incentives and liquidity support. These token allocations, paid as 'fees' to CEXs, actually flow back into user and ecosystem plans, including Launchpool/HODLer rewards, Alpha airdrops, liquidity and market support programs, as well as user-focused incentives.