Binance recently announced that Banana Gun will be the first project to appear in the Binance HODLer airdrop program. So how popular is this project with Binance? Let's find out through the following article Followin!

What is a banana gun (BANANA)?

Banana Gun is a Telegram bot designed to help users find TGE waves safely. It hopes to become the main tool to help users find tokens and perform manual transactions on the Ethereum network, and may expand to other blockchains in the future.

Banana Gun website interface

How does a banana gun (BANANA) work?

Banana gun working model

Banana
Gun built an automated trading tool on Telegram that allows users to buy, sell, and receive messages at the fastest speed. Banana Gun's Telegram Bot
Build a portfolio management tool on Telegram, conduct real-time trading on DEX, and have features such as Anti-Rug and blacklist,...

Describe how the banana gun robot works

Banana gun's outstanding features:

  • Automatic sniping: Automatically search for new tokens to be launched.

  • Manual Traders: Easily buy tokens manually.

  • Anti-Rug: Protects you from Rug pulling scams.

  • Private Transactions: Keep your transactions secure.

  • Sandwich Protection: Avoid sandwich attacks.

  • Reorganization Protection: Protection from blockchain reorganizations.

banana gun products

banana gun products

Banana Gun's goal is to create a perfect ecosystem in the long term, and to achieve this goal, Banana Gun needs a token economic system as a driving force. Banana Gun has carefully constructed a system where robot users become token holders, and token holders become robot users, creating a sustainable virtuous cycle.

Currently, Banana Gun is expanding more WebApp-based features and products. Previously, they launched Telegram Bot as the core tool of their ecosystem. Banana Gun also builds dashboards for users and their holders to track project activities, income, and rewards.

Project highlights

Banana Gun solves many important problems in the field of decentralized transactions, such as:

  • First, it helps users avoid scams (rug pulls) by automatically selling tokens when it detects unusual signs from developers.

  • Next, the blacklist transfer feature protects users from being blacklisted by transferring tokens to a secure wallet.

  • Finally, the Degen model allows users to engage in internal trading without being restricted by the security’s tax settings, although this feature needs to be used with caution.

The highlight of the Banana Gun project is that it creates a sustainable ecosystem that allows robot users to become token holders and vice versa. This creates a virtuous cycle that promotes growth and stable income. By providing safe and efficient functions, Banana Gun can not only help users optimize their earnings, but also protect them from the risks common in decentralized transactions.

Banana Gun is the first project of Binance HODLer airdrop program

Binance HODLer Airdrops is a program that rewards BNB holders with airdrop tokens based on historical snapshots of their BNB balances. By registering BNB to SimpleEarn, users will automatically be eligible for HODLer Airdrops, as well as rewards from Launchpool and Megadrop.

Users who subscribe to the BNB Easy Earn product between 07:00 (UK time) on 23 June 2024 and 06:59 (UK time) on 6 July 2024 will receive an airdrop allocation. The airdropped tokens will be distributed to users’ spot wallets one hour before trading begins.

Binance will launch BANANA at 16:00 (UTC time) on July 20, 2024, and open BANANA/Bitcoin, BANANA/USDT, BANANA/BNB, BANANA/FDUSD, and BANANA/TRY trading pairs.

Unlike other earning methods that require ongoing action, HODLer Airdrops automatically rewards users, providing a simpler way to earn extra tokens. By registering BNB to the Simple Earn Coin product, users can automatically receive token rewards.

Banana Airdrop Details:

  • BNB holders airdrop: 800,000 BANANA

  • Current Circulating Supply: 2,420,000 (27% of Total Supply)

  • Circulating supply at Binance listing: 3,220,000 BANANA (36% of total supply)

  • BNB holding limit: average BNB holdings of users/average total BNB holdings*100%≤4% (if the holding rate exceeds 4%, the BNB holding rate will be calculated as 4%)

BANANA Token Overview

Token Metrics

  • Token Name: BANANA

  • Code: Banana

  • Blockchain: Ethereum

  • Token Standard: ERC-20

  • Contract: 0x38e68a37e401f7271568cecaac63c6b1e19130b4

  • Total Supply: 8,900,000 BANANA

  • Maximum total supply: 10,000,000 BANANA

  • Circulating Supply: 2,420,000 BANANA (27% of total supply)

Token Distribution and Token Payment Schedule

Allocation of Banana Tokens for the Banana Gun Project

BANANA’s Token Economics Details

  • Holders: 22%

  • Liquidity: 1.7%

  • Airdrop: 1.2%

  • Team: 10%

  • Burning: 1%

  • Treasury：63.8%

Token Use Cases

Banana Gun’s Income Chia model rewards token holders through bot income and taxes.

  • 40% of the robot’s revenue is distributed to unlocked token holders

  • 50% of tax revenue is allocated to the income Chia pool, ensuring fair rewards for loyalty.

How to Earn and Own BANANA Tokens

In addition to buying BANANA on CEX or DEX, you can also join the Banana Gun project's own program now and become a supporter of the project. Or join the Binance HODLer airdrop on July 20, 2024 to receive rewards from Banana Gun and Binance.

Learn More: Binance Launches Banana Gun (BANANA) Through Binance HODLer Airdrop Program

route map

Banana Gun Project Roadmap

Banana Gun (BANANA) Project Team

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Banana Gun Investor and Partner

investor

Banana Gun launched its public sale on September 8th and sold out quickly, raising a total of 800 ETH at a pre-sale price of $0.65 (according to Cryptorank).

partner

Updating…

Reviews about banana gun(BANANA)

Banana Gun was recently announced by Binance as the first project in the HODLer Airdrop Program, which provides advanced trading tools. The project stands out with new token hunting, manual trading, and protections such as anti-rug pulls and private transaction protection. Listing on Binance and distributing airdrops to BNB holders has increased the project's attention and credibility.

Banana Gun’s strengths include its ability to provide powerful trading tools and security features to help users optimize returns and guard against risks in decentralized exchanges. The Rug and Blacklist transfer features are particularly important for protecting users from scams and fraud.

However, Banana Gun is a project that is still in the process of expansion and development. It has some features such as degen mode, which will reduce transaction security and should be used with caution.

Banana Gun combined with the Telegram wave has considerable potential. By listing on Binance, the project has the opportunity to reach a wider audience and attract traffic. The combination of powerful trading tools and the recognition of major exchanges such as Binance may make Banana Gun one of the leading trading tools in the DeFi space.

Please note that the above is an objective opinion and does not constitute investment advice!

Frequently asked questions about banana gun(BANANA)

What is a banana gun (BANANA)?

Banana Gun is a Telegram bot designed to support trading on decentralized exchanges (DEX).

When will banana gun be listed on Binance?

Banana Gun is expected to be listed on Binance at 16:00 (Vietnam time) on July 20, 2024.