"The current LAB Rewards Season is all about engaging users through trading and referrals," stated a representative from LAB. This new phase marks a departure from the previous loyalty airdrop that was tied to historical trading activity. With the LAB token now live and boasting an active rewards program, the project continues to evolve after its rebranding from Memes Lab.

The LAB token launched successfully on October 14, 2025, as part of Binance's exclusive TGE series, with immediate listings on major exchanges like Gate.io and KuCoin. Previously, the project secured $2.3 million in seed funding from notable investors, including Lemniscap and Animoca Brands. The original loyalty airdrop, which utilized a pool of 50 million LAB tokens, has ended, paving the way for this fresh rewards initiative.

Currently, participating in the LAB Rewards Season is straightforward. Users need to download the LAB app on either iOS or Android, establish a wallet, and begin trading. The amount of LAB tokens earned depends on trading volume and successful referrals, with no need for prior experience or activity to qualify. This makes it accessible to anyone looking to dive into the world of LAB.

To rank on the leaderboard, traders must perform consistently, as higher volumes will elevate their standings. Referred users also contribute to the referrer’s earnings, with no limits on how many can be invited. This dual-track system amplifies engagement and fosters a vibrant trading community, reflecting the project's commitment to user interaction and reward.

This information serves as a guide and is not financial advice.