1. Jager = the smallest unit of BNB (Binance Coin)
Jager is the smallest divisible part of BNB, at a rate:
1 Jager = 0.00000001 BNB
That is, 1 BNB = 100 million Jagers.
The name “Jager” is named after one of the early community managers of Binance.
The concept of this unit is similar to terms like “Satoshi” in Bitcoin or “Wei” in Ethereum, and is used to facilitate micro-payments and small amounts within the BNB system.
2. Or perhaps you mean "Jager Hunter (JAGER)" — a meme token on the BNB Chain
If you mean this, here's a brief explanation:
Jager Hunter (Symbol: JAGER) is a meme token launched on the BNB Network (BEP-20), named “Jager” as a symbolic link to the small unit of BNB.
Distribution: The total supply is approximately 14.6 trillion JAGER, 90.5% of which has been distributed via airdrop to the community without KYC or previous mining, within a mechanism fully on-chain and audited by Certik.
Reward Mechanisms: The system includes a mechanism called "Hunter Time", where holders receive cash rewards that are automatically distributed every 10 minutes as long as they hold a minimum amount of tokens (146 billion JAGER), without the need for locking or staking.
Transparency: Ownership of the smart contract has been relinquished to ensure fair and decentralized distribution.
Current Price and Market: The price ranges around ~0.00000000106 USD approximately, with high daily trading and dynamic price movement as tracked by CoinGecko and MEXC among others.
---#ETH4500Next? #BinanceAlphaAlert
Summary
If you mean Jager as a unit of measurement for BNB: it is simply a way to divide the currency into very small parts.
If you mean Jager Hunter (JAGER): it is a new meme coin on the BNB network, aimed at enhancing community engagement through wide distribution and innovative reward models.