KEY TAKEAWAYS
- Binance introduces Berachain (BERA) as the seventh project on its HODLer Airdrops page, with trading set to begin on February 6, 2025.
- Users can earn BERA tokens by subscribing BNB to Simple Earn products, with airdrop distribution occurring before trading commences.
- The Berachain token has a genesis total supply of 500 million, with 2% allocated for HODLer Airdrops and additional tokens for marketing campaigns.
- Participation in Binance’s HODLer Airdrops is restricted by regional eligibility, excluding users from certain countries.
Binance has announced the inclusion of Berachain (BERA) as the seventh project on its HODLer Airdrops page. Users who subscribe their BNB to Simple Earn products between January 22, 2025, and January 26, 2025, will be eligible for the airdrop distribution. The airdrop information is expected to be available within 12 hours, with the new token being distributed to users’ Spot Wallets at least one hour before trading commences.
Trading for BERA is set to begin on February 6, 2025, at 13:00 (UTC), with pairs available against BTC, USDT, USDC, BNB, FDUSD, and TRY. The token will carry a ‘seed’ tag upon listing.
Details of the Berachain Airdrop
The Berachain (BERA) token has a genesis total supply of 500,000,000 BERA, with a non-capped maximum supply subject to a 10% yearly inflationary emission. The HODLer Airdrops will distribute 10,000,000 BERA, which constitutes 2% of the genesis total supply. An additional 5,000,000 BERA will be allocated to marketing campaigns 12 months post-listing, with further details to be announced separately.
Upon listing on Binance, the circulating supply of BERA will be 107,480,000, representing 21.50% of the genesis total supply. The token will be native to the Berachain Mainnet, with the explorer available at the public launch. Binance has waived the listing fee for BERA.
Understanding Binance HODLer Airdrops
Binance’s HODLer Airdrops program rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn products, users automatically qualify for these airdrops, as well as other rewards like Launchpool and Megadrop.
To participate, users need to subscribe to Simple Earn products using their BNB holdings. Binance will take multiple snapshots of user balances to calculate the rewards. Eligible users will receive their airdrop rewards in their Spot Wallets within 24 hours of the announcement.
Participation in the HODLer Airdrops is subject to regional eligibility. Users from certain countries, including the United States, Canada, and the United Kingdom, among others, are excluded from participating. The full list of excluded regions is subject to change based on local regulations.
For more detailed information, the original announcement can be found here.
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