Alpaca Finance: Market Makers Request Temporary Issuance of ALPACA Tokens to Support User Trading Needs

Alpaca Finance officially announced that Binance will delist ALPACA tokens 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 have requested Alpaca Finance to temporarily issue ALPACA tokens from the reserve treasury to support user trading needs during the remaining trading time on CEX. The project team stated that once the trading volume decreases, these issued tokens will be returned to the reserve treasury.