On November 26, Binance announced that the Binance HODLer Airdrop has launched the second phase project Thena (THE), which will go live on November 27 at 18:00. As the second phase project of the Binance HODLer airdrop program, Thena's launch represents Binance's recognition of this project and demonstrates its potential in the DEX and liquidity network space.
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HODLer Airdrop
Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of BNB balances. By subscribing BNB to Simple Earn Flexible or Locked products, users will automatically receive HODLer Airdrops (as well as Launchpool and Megadrop rewards).
Unlike other money-making methods that require continuous action, HODLer Airdrops retroactively reward users, providing a simple way to earn extra tokens. By subscribing BNB to the Simple Earn product, users can automatically receive token rewards.
Specific details of the Thena airdrop program:
From November 6, 2024, 08:00 to November 14, 2024, 07:59 (UTC+8), users who use BNB to subscribe to Binance fixed and/or flexible products will have the opportunity to participate in this airdrop. The THE HODLer airdrop page will be published on Binance, and it is expected that one hour before the trading goes live, the new tokens will be distributed to users' spot wallets so that they can conduct trading operations as soon as trading begins. THE is currently quoted at $1.26 in the over-the-counter market, with an increase of over 500% within 24 hours.
Token Name: Thena (THE)
Total Token Supply: 206,863,770 THE
Maximum Token Supply: 326,120,291 THE
HODLer Airdrop Token Reward: 21,750,000 THE (7% of the maximum token supply)
Smart Contract Details: BNB Chain, 0xF4C8E32EaDEC4BFe97E0F595AdD0f4450a863a11
BNB Holding Cap: User's average BNB holding in Simple Earn / total average BNB holding * 100% ≤ 4% (if holding ratio exceeds 4%, the BNB holding ratio will be calculated at 4%)
Introduction to Thena
Thena is a decentralized exchange (DEX) and liquidity network built on the BNB Chain and opBNB. Its design aims to provide users with an efficient trading experience and liquidity solutions. At launch, Thena distributed veTHE tokens to users through an airdrop, a strategy similar to other projects such as Frax, Ankr, and LiquidDriver. These projects attracted liquidity through various incentive mechanisms at launch and gradually evolved into important components of their respective ecosystems.
In the DEX space on the BNB chain, Thena's liquidity ranks just behind PancakeSwap and BiSwap. The success of the Thena project reflects its innovation in the DEX field, showcasing excellence in liquidity management. Thena provides users with diverse choices and an efficient trading experience. As Thena continues to develop, it is expected to occupy a more important position in the DEX market.
AICoin users can set up Thena price alerts and authorize new opening trades within the product to seize market opportunities.
Image source: AICoin
Related Terms and Conditions
When participating in this HODLer airdrop program, investors should pay attention to the following terms and conditions. Users must complete account verification (KYC) and come from eligible jurisdictions. The airdropped tokens will automatically be transferred to each user's spot wallet before they go live on Binance Spot; secondly, if multiple HODLer airdrop projects are running simultaneously, the BNB assets in the BNB Simple Earn product will be allocated to these projects, unless otherwise specified; if BNB Simple Earn assets are used as collateral for Binance Loans (flexible rate), they will not be eligible for HODLer airdrop rewards. Eligibility for participating in the HODLer airdrop depends on the user's residency in their country or region.
Summary
Binance's launch of Thena brings new investment opportunities to users. As the Thena project continues to develop, its advantages in liquidity management and user experience will become more evident. Thena is expected to perform better in the global DEX market.