Binance Wallet will launch the ESP token “Pre-TGE Prime Sale” on February 10, introducing an oversubscribed token sale model that allocates tokens proportionally based on user participation.
According to the announcement, the sale will use an oversubscription mechanism, allowing each participant to deposit up to 3 BNB. Final ESP token allocations will be calculated pro rata, based on each user’s deposited BNB relative to the total BNB committed by all participants.
Participation in the sale requires users to hold the required Binance Wallet points during the subscription period. Users who do not meet the points threshold will be ineligible to subscribe.
After the subscription window closes, eligible users will be able to claim a Key representing their ESP token allocation on the BNB Smart Chain directly through Binance Wallet. Claims must be completed on the priority sale event page within the wallet interface.