Binance Exchange has launched the DOLO token airdrop activity for platform users, distributing DOLO tokens for free to eligible users, which serves as a reward for long-term supporting users of the platform and injects momentum for the early development of the DOLO ecosystem.
1. Core Airdrop Information: Target and Rules
This DOLO airdrop is not aimed at all Binance users, but is specifically targeted at certain 'qualified users'. The core rules are as follows:
Airdrop Target: Users holding BNB (Binance Coin), FDUSD (compliant stablecoin), and other Binance-targeted screened assets at the specified time of the event.
Share Calculation Logic: Binance will record users' asset holdings during a specific period through 'asset snapshots', and ultimately calculate airdrop shares based on users' holding ratios (relative to other qualified users' asset proportions) and holding periods (meeting snapshot cycle requirements) to ensure fairness.
Claim Method: Users do not need to perform any additional actions (such as manual claims or submitting information); eligible users will automatically receive DOLO tokens issued by the system directly to their Binance spot wallet. After receipt, users can check or perform subsequent operations within the wallet.
2. DOLO Token and the DOLO Protocol Behind It
The core target of the airdrop is the DOLO token, which is not an 'air coin' without practical scenarios, but rather the core governance token of the decentralized lending protocol DOLO Protocol. Its project positioning and value logic are clear:
Protocol Positioning: DOLO Protocol is a decentralized lending protocol focusing on 'real-world asset (RWA) on-chain'. Its core function is to map traditional financial real assets (such as real estate, commodities, credit assets, etc.) to the blockchain through compliance and digital means, and then provide lending services to users based on these 'on-chain RWAs', bridging traditional assets with decentralized finance (DeFi).
Token Role: As a governance token, DOLO allows holders to participate in key decisions of the DOLO Protocol, including adjustments to lending rates, RWA asset admission standards, protocol function upgrades, and other critical matters, while potentially enjoying a share of the protocol's revenue (specifics are subject to official project rules), serving as an 'equity certificate' for participating in the project ecosystem.
3. The Dual Purpose of Binance in Initiating This Airdrop
Binance has chosen to airdrop DOLO in the form of 'user holding rewards', which essentially represents a two-way empowerment between the platform and the project party, backed by two core logics:
Rewarding Loyal Users of the Platform: BNB and FDUSD are core assets of the Binance ecosystem (the former is the foundation of the platform, while the latter is Binance's promoted compliant stablecoin). Airdropping to users holding these assets can accurately reach 'HODLers' (long-term holders) who have supported the platform for a long time, enhancing user stickiness through additional benefits and consolidating the core user group of the platform.
Empowering the Cold Start of the DOLO Project: For DOLO Protocol, Binance's user base and traffic act as a 'natural traffic pool'—directly introducing an initial community (thousands or even tens of thousands of qualified users) for the project through airdrops, while leveraging Binance's liquidity ecosystem to quickly bring DOLO tokens into circulation, laying the foundation for the project's subsequent development.
