On November 26, Binance announced that the Binance HODLer Airdrop has launched the second phase project, Thena (THE), which will go live on November 27 at 18:00. As the second phase project of the Binance HODLer Airdrop program, the launch of Thena represents Binance's recognition of this project and demonstrates its potential in the DEX and liquidity network fields.

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HODLer Airdrop

The 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 will automatically receive HODLer Airdrops (as well as Launchpool and Megadrop rewards).

Unlike other earning methods that require continuous action, HODLer Airdrops retroactively reward users, providing a simple way to earn additional tokens. By subscribing BNB to Simple Earn products, users can automatically receive token rewards.

Specific details of the Thena airdrop program:

From November 6, 2024, 08:00 to November 14, 2024, 07:59 (UTC+8), users who subscribe to Binance's fixed-term and/or flexible products using BNB will have the opportunity to participate in this airdrop. The THE HODLer airdrop page will be published on Binance, and it is expected that one hour before the trading goes live, the new tokens will be distributed to users' spot wallets, allowing them to trade as soon as trading begins. THE is currently quoted at $1.26 in the over-the-counter market, with an increase of over 500% within 24 hours.

Token Name: Thena (THE)
Total Token Supply: 206,863,770 THE
Maximum Token Supply: 326,120,291 THE
HODLer Airdrop Token Reward: 21,750,000 THE (7% of the maximum token supply)
Smart Contract Details: BNB Chain, 0xF4C8E32EaDEC4BFe97E0F595AdD0f4450a863a11
BNB Holding Cap: User's average BNB holding in Simple Earn / Total average BNB holding * 100% ≤ 4% (If the holding ratio exceeds 4%, the BNB holding ratio will be calculated as 4%)

Introduction to Thena

Thena is a decentralized exchange (DEX) and liquidity network built on the BNB Chain and opBNB. It is designed to provide users with an efficient trading experience and liquidity solutions. Upon launch, Thena distributed veTHE tokens to users through an airdrop, a strategy similar to several other projects such as Frax, Ankr, and LiquidDriver. These projects attracted liquidity at launch through various incentive mechanisms and gradually developed into important components of their respective ecosystems.

In the DEX space on the BNB Chain, Thena's liquidity ranks just behind PancakeSwap and BiSwap. The success of the Thena project reflects its innovation in the DEX field and demonstrates its outstanding capabilities in liquidity management. Thena offers users diverse choices and an efficient trading experience. As Thena continues to develop, it is expected to occupy a more significant position in the DEX market.

AICoin users can set up Thena's opening reminders and authorize new openings within the product to seize market opportunities.

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Related Terms and Conditions

When participating in this HODLer airdrop program, investors need to pay attention to the following terms and conditions. Users must complete account verification (KYC) and come from eligible jurisdictions. The airdropped tokens will be automatically transferred to each user's spot wallet before they go live on Binance Spot; additionally, if multiple HODLer airdrop projects are running simultaneously, the BNB assets in the user's BNB Simple Earn product will be allocated to these projects unless otherwise specified; BNB Simple Earn assets used as collateral for Binance Loans (flexible rate) will not be eligible for HODLer airdrop rewards. Eligibility for the HODLer airdrop depends on the user's residency in their respective country or region.

Summary

The launch of Thena by Binance brings new investment opportunities to users. As the Thena project continues to develop, its advantages in liquidity management and user experience will be further highlighted. Thena is expected to perform more prominently in the global DEX market.

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