Binance TR's 1st #HODLer Airdrop Project: DeFi App | Crypto Encyclopedia Ep. 18
If you staked #BNB between Friday, 06/06/2025, at 3:00 AM and Monday, 09/06/2025, at 3:00 AM, you've earned free #HOME , and its price is currently around 1 TL.
As I mentioned in the last video, the HODLer #Airdrop provides passive income for those who stake BNB, much like #launchpool. However, you need to have staked before the project is announced, meaning it takes a retroactive snapshot.
Now, let's look at what the #defi App project is.
DeFi App is an application that makes cryptocurrencies and decentralized finance systems easier, safer, and more understandable for everyone.
What does it do?
It lets you manage your crypto on different blockchains (Ethereum, Solana, etc.) from a single place.
It automatically creates a wallet for you, so you don't have to deal with setting one up.
You don't pay gas fees. DeFi App covers these costs for you.
You can easily swap coins across different chains.
Its interface is simple and clear, making it suitable for beginners.
They don't charge a #Fee, but they take a similar charge in a different way, which we call a swap commission.
For example:
Actual price: 1 ETH = 3,000 USDC
Application's rate: 1 ETH = 2,980 USDC
This 20 USDC difference is their profit.
In short, DeFi App is an application that makes using cryptocurrencies easier for everyone and is different from its competitors.