The Movement Token (MOVE) is part of the Movement Network, which is an Ethereum Layer-2 (L2) solution designed to bring the Move programming language to Ethereum.
Token Overview
Ticker: MOVE
Maximum Supply: 10,000,000,000 MOVE
Circulating Supply: 2,250,000,000 MOVE (22.5% of Maximum Supply)
Network: Ethereum (ERC-20), with plans to have a native token on the Movement Network
Token Utility
Staking Rewards: Validators earn MOVE for securing the network.
Gas Fees: Used for transactions on the Movement Network.
Governance: Enables decentralized decision-making within the network.
Collateral and Payments: Powers native applications on the Movement Network.
Binance HODLer Airdrop Details
The Binance HODLer Airdrop is a program designed to reward BNB holders with token airdrops based on historical snapshots of their BNB balances.
How It Works
Eligibility:Users who subscribe their BNB to Simple Earn Flexible or Locked products are automatically eligible for HODLer Airdrops.
Snapshots:Binance takes historical snapshots of user balances at random periods to calculate rewards.
Rewards:Users receive token rewards in their Spot Wallets within 24 hours after the HODLer Airdrops are announced.
MOVE HODLer Airdrops Details
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.
Participation
Period: From December 2, 2024, to December 5, 2024
Distribution: Tokens are distributed to users' Spot Wallets 1 hour before trading begins.
Trading: MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD, and MOVE/TRY trading pairs will be available.
Project Vision
The Movement Network aims to improve the Ethereum ecosystem by bringing Move's superior security features and biodiversity of new developers and applications.