Binance Hodler Airdrdop

Binance is excited to announce the third project on Binance Airdrops Portal - Movement (MOVE), the first Move-EVM L2 for Ethereum, bringing Move's security features onto Ethereum. Users who subscribed their BNB to Simple Earn Flexible or Locked products from 2024-12-02 00:00 (UTC) to 2024-12-05 23:59 (UTC) will get the airdrop distribution. The MOVE HODLer Airdrops page is estimated to be available in 5 hours, and the new token will be distributed to users’ Spot Wallet 1 hour before trading starts.

Binance will then list $MOVE at 2024-12-09 13:00 (UTC) and open trading with MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD and MOVE/TRY trading pairs. The seed tag will be applied to MOVE.

What is Move?

Movement Network is an ecosystem of Modular Move-based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.

It is the first Ethereum L2 that will integrate Celestia for data availability, decentralized shared sequencing, optimistic rollup with option for dual-finality through Fast-Finality Settlement, and the Move Virtual Machine (MoveVM) for execution, which offers unparalleled transaction throughput. This integration will allow developers to create high-performance, consumer-focused applications with minimal resource expenditure.

🔶 Innovative Features of Move

  • 30k+ Transactions per second due to Move's parallel processing capabilities through Block-STM.

  • Smart contract safety and security via Move, stopping the majority of traditional attack vectors.

  • Movement Network's flagship interpreter, Fractal, which enables Solidity contracts to compile on MoveVM and parallelize -- while offering full bytecode-compatbility and allowing Move and EVM applications to co-exist.

  • Execution-layer rollup frameworks for teams to launch custom high-throughput rollups via the Movement SDK.

🔶 Usecases of Move Network

  • Staking & Delegation for Economic Security: Validators stake Move to secure the network and earn staking rewards.

  • Gas Fees: Move owners transaction fees for Movement Network L2 and other Move-based L2s built on MoveStack.

  • Governance: Move holders participate in network governance, voting on proposals to shape the future of Movement.

  • Collateral and Liquidity: Applications use Move as collateral, for liquidity provisioning, and as a native payment asset.

  • Sequencer decentralization

MOVE HODLer Airdrops Details

  • Token Name: Movement (MOVE)

  • Total and Max Token Supply: 10,000,000,000 MOVE  

  • 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.

  • Circulating Supply upon Listing on Binance : 2,250,000,000 (22.5% of max token supply)

  • Smart Contract Details: Ethereum,

    0x3073f7aAA4DB83f95e9FFf17424F71D4751a3073

  • Research Report: Movement (MOVE) (will be available within 1 hour of publishing this announcement)

  • BNB holding hard cap: User’s average BNB holdings in Simple Earn/ Total average BNB holding * 100% ≤ 4% (If the holding ratio is greater than 4%, the BNB holding ratio will be calculated as 4%)

Introducing Binance HODLer Airdrops

Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn Flexible or Locked products, users are automatically eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards).

Unlike other earning methods that require ongoing actions, HODLer Airdrops reward users retroactively, offering a simple way to earn additional tokens. By subscribing BNB to Simple Earn products, users can automatically qualify for token rewards.

How to Benefit from HODLer Airdrops

  • Head to [Earn] and search for $BNB . 

  • Subscribe to Simple Earn products (Flexible and/or Locked) with your BNB holdings.

  • Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances in Simple Earn products (Flexible and/or Locked). Binance will use historical snapshots of user balances at random periods after this announcement to calculate user rewards. 

  • For example, reward calculation for HODLer Airdrops on 2024-06-11 may use snapshots of user balances between 2024-06-01 to 2024-06-07 as reference.

  • Eligible users will receive HODLer Airdrops rewards in their Spot Wallets within 24 hours after the HODLer Airdrops is announced.