Binance has announced the second airdrop for BNB holders under its HODLer Airdrop program.
Binance, which made its mark on the agenda with its altcoin listings in November, has now attracted attention in a different area. The cryptocurrency exchange announced the second altcoin within the scope of the HODLer Airdrop program.
According to the announcement published by the exchange, Thena (THE), a decentralized finance (DeFi) project on BNB Chain, has been included in the airdrop program.
The conditions for benefiting from Thena (THE) airdrop are remarkable.
Binance Announced: THE Airdrop Is Coming!
Binance has set the airdrop conditions for Thena (THE), developed on BNB Chain and opBNB. Making a statement about the airdrop program specially prepared for investors holding BNB, Binance shared the following details:
“Users who hold BNB in Simple Earnings Flexible or Locked products between 03:00 on November 6 and 02:59 on November 13 will benefit from the airdrop.”
Binance HODLer Airdrop Program
Binance HODLer Airdrop stands out as a program that aims to reward BNB holders. Users can benefit from this program by staking their BNB. However, the exchange distributes airdrops according to screenshots taken on certain dates.
Incredible Rise in THE Price
Decentralized finance (DeFi) project Thena (THE) was trading at $0.2 before Binance’s announcement, but following the announcement, THE’s price rose to $1.
THE’s market value has reached $65 million. After the Binance announcement, THE’s price has quadrupled and now stands out with a total locked asset (TVL) of $30 billion.
Once the distribution process of THE is complete, it will start trading on the Binance platform at 13:00 on November 27. Users will be able to trade THE/BTC, THE/USDT, THE/BNB, THE/FDUSD and THE/TRY pairs.