🔸 Movement Network is an ecosystem of Modular Move-based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
🔸 Anticipated use cases include:
1. Staking & Delegation for Economic Security: Validators stake MOVE to secure the network and earn staking rewards.
2. Gas Fees: $MOVE powers transaction fees for Movement Network L2 and other Move-based L2s built on MoveStack.
3. Governance: $MOVE holders participate in network governance, voting on proposals to shape the future of Movement.
4. Collateral and Liquidity: Applications use $MOVE as collateral, for liquidity provisioning, and as a native payment asset.
5. Sequencer decentralization
The total supply of MOVE is 10,000,000,000. Our circulating supply will be between 22.5%.
🔸 Binance is excited to announce the third project on Binance Airdrops Portal - Movement (MOVE), Users who subscribed their BNB to Simple Earn Flexible or Locked products from 2024-12-02 00:00 (UTC) to 2024-12-05 23:59 (UTC) will get the airdrop distribution. The MOVE HODLer Airdrops page is estimated to be available in 5 hours, and the new token will be distributed to users’ Spot Wallet 1 hour before trading starts.
MOVE HODLer Airdrops Details
Token Name: Movement (MOVE)
Total and Max Token Supply: 10,000,000,000 MOVE
HODLer Airdrops Token Rewards: 200,000,000 MOVE (2% of max token supply)
Additional 5% of total token supply will be allocated to Launchpool six months after spot listing.
Circulating Supply upon Listing on Binance : 2,250,000,000 (22.5% of max token supply)
🔸 Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn Flexible or Locked products, users are automatically eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards).
👉 Source: https://www.binance.me/en/research/projects/movement
https://www.binance.me/en/support/announcement/introducing-movement-move-on-binance-hodler-airdrops-subscribe-your-bnb-to-simple-earn-8a585286abc547d293e269beeb6b9bf3