Binance Announces Solayer (LAYER) Airdrop and Listing Details

Binance has announced the introduction of Solayer (LAYER) as the 8th project on its HODLer Airdrops Page. Users who subscribe their BNB to Simple Earn products between February 1, 2025, and February 5, 2025, will be eligible for the airdrop distribution. The HODLer Airdrops information is expected to be available within six hours, and the new token will be distributed to users’ Spot Wallets one hour before trading begins.

The cryptocurrency exchange will list LAYER on February 11, 2025, at 14:00 (UTC), with trading pairs available against BTC, USDT, USDC, BNB, FDUSD, and TRY. The token will carry a ‘seed’ tag upon listing.

Details of the LAYER Airdrop

The total supply of Solayer (LAYER) is set at 1,000,000,000 tokens, with 30,000,000 LAYER (3% of the total supply) allocated for the HODLer Airdrops. An additional 20,000,000 LAYER will be reserved for marketing campaigns three months after the spot listing. Upon listing on Binance, the circulating supply will be 210,000,000 LAYER, representing 21% of the total token supply.

The smart contract for Solayer is based on the Solana blockchain, with the contract address LAYER4xPpTCb3QL8S9u41EAhAX7mhBn8Q6xMTwY2Yzc. A research report on Solayer will be available within 12 hours of the announcement.

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 HODLer Airdrops, as well as Launchpool and Megadrop rewards. This program offers a straightforward way to earn additional tokens without requiring ongoing actions.

To participate, users must head to the ‘Earn’ section, search for BNB, and subscribe to Simple Earn products. Binance will take multiple snapshots of user balances to calculate rewards, which will be distributed to eligible users’ Spot Wallets within 24 hours of the airdrop announcement.

For more details, please refer to the official announcement here.

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