Binance HODLer airdrop finally enters its second phase: The 'super application' in the DeFi field, THENA ($THE)!
This bull market is definitely a golden shovel - hold $BNB and it will continuously empower your account. The feeling of receiving airdrops without doing anything is just too good! As of the publication, Thena has already been launched on Binance spot trading, with prices surging past 2.3 USD, a 1100% increase in 24 hours.
This article will analyze from the following perspectives -
1. How to obtain this Binance HODLer airdrop?
2. What project is Thena?
3. What is the predicted yield for this airdrop?
How to obtain this Binance HODLer airdrop?
There are three ways to receive airdrops on Binance: Hodler airdrop is based on a retrospective logic, while Launchpool is based on a purchase logic, and megadrop is based on holding and task logic.
This airdrop period: From November 6, 2024, 08:00 to November 14, 07:59 (UTC+8), users who purchase earning products using BNB will receive THENA airdrop. Users without BNB during this period will not be eligible.
Eligible BNB holders can check the airdrop quantity in their spot wallet: https://binance.com/zh-CN/airdrop
Thena: The financial guardian on the BSC chain
Thena is a DEX and liquidity providing network built on BNB Chain and opBNB, committed to providing DeFi users with a CEX-like convenient experience while maintaining a high degree of decentralization.
Currently, Thena's TVL is $38.25 million, making it the TOP 3 DEX on BSC (the top two are PancakeSwap and Uniswap).
Thena's underlying architecture is based on Solidly, inheriting some basic concepts and mechanism designs from Solidly as an automated market maker (AMM) and liquidity layer, while also making various improvements and innovations, such as introducing a voting system, fixed emission markets, adjusting emission schedules, reducing the impact of anti-dilution mechanisms, and enhancing initial distribution, thus making itself an improved version of Solidly.
Compared to other projects in the same sector, Thena has two obvious competitive advantages -
① Deeply integrated with BNB Chain, fully leveraging the vast ecosystem, high performance, and low transaction cost advantages of BNB Chain.
② Introduced and optimized the ve (3,3) model, with all revenue from the DEX going to ve33 stakers.
The success of AERO and VELO proves that ve(3,3) has gained market recognition, allowing ordinary users, not just VC institutions, to benefit, which will become one of the mainstream trends in the future, and is the value THENA is waiting to be truly discovered.
What is the predicted yield for this airdrop?
Token $THE maximum supply: 326 million. The official announcement states that the total amount of tokens for the Binance HODLer airdrop is 21,750,000 THE (accounting for 7% of the maximum token supply).
Based on the current price, it exceeds 50,000 USD. Comparing with participation numbers from previous POOL sessions, assuming 15 to 20 million BNB participate, the yield per BNB is approximately between 2.5 to 3.5 USD.
Currently, Thena's circulating market cap has surpassed 130 million, showing strong upward momentum, with some room for increase compared to VELO.
However, the ve(3,3) mechanism itself belongs to a spiral mechanism, with a very high upper limit and a very low lower limit. So a prudent approach is: you can first sell half of the airdrop, and later consider whether to buy back depending on the funding heat on the BSC chain.
Tip: Short-term investors need to pay attention, as the top 1 personal holding address has not sold any tokens yet, which may pose a risk of dumping.
