Binance has recently launched a new token airdrop program called HODLer Airdrops. This program is a separate initiative under Binance's new Airdrops Portal platform and is not associated with previous programs like Megadrop or Binance Launchpool. Unlike other airdrops, HODLer Airdrop is introduced as a surprise event. From June 23, 2024, to July 5, 2024, users holding BNB in Simple Earn products will receive the airdrop. This initiative targets dedicated BNB holders and aims to increase the number of BNB holders in the future.
The first project introduced on this new platform is Banana Gun. Banana Gun is a Telegram trading bot that also operates on other web app platforms. The native token for Banana Gun is BANANA, which serves multiple purposes. It can be used as a governance token for the Banana Gun bot, and holders can participate in the Holders Chat. Additionally, profits from the trading bot will be distributed among the holders.
Banana Gun operates through two types of bots: one that supports the Ethereum Virtual Machine (EVM) and another that supports the Solana network. Both types operate on Telegram.
The tokenomics for BANANA are as follows:
Total supply is capped at 8,900,000 BANANA, with a maximum mintable supply of 10,000,000 BANANA. Currently, approximately 2,420,000 BANANA are in circulation. Upon listing on Binance, the supply could increase to 3,220,000 BANANA.
The token allocation is as follows:
8% for Binance HODLer Airdrop
9% of the total token supply
24% for holders
1% for locked liquidity
46% for ecosystem and treasury
10% for the team and
11% of the tokens are burned already.
BANANA will be listed on Binance on July 20 at 3:30 PM. Distribution has already started for users who held BNB in Flexible or Locked Staking between June 23, 2024, and July 5, 2024. These users can check their Spot wallet’s distribution history to see the airdropped tokens.
Starting from 3:30 PM on the listing day, users will be able to sell their BANANA tokens. For those who missed this airdrop, it's advisable to prepare for the next HODLer airdrop by keeping BNB in Flexible or Locked Staking. This preparation will also set you up for future Megadrop and Launchpool events. The more you stake BNB, the more reward tokens you're guaranteed to earn!
But for the current HODLer airdrop, I hope you have a bunch of BANANAs to eat!