- Solayer (LAYER) has been announced as the eight HODLer Airdrops program on Binance.
- Binance, MEXC, and Bithumb will list the altcoin in February, as per respective announcements.
- Solayer is a restaking network developed on the Solana (SOL) blockchain.
Top digital asset trading platform Binance has revealed that Solana-based restaking network Solayer (LAYER) will be the 8th project on HODLer Airdrops, a program that rewards BNB holders based on how many tokens they hold, judged by past snapshots of their BNB balances. Exchange users can snag HODLer Airdrops if they lock up BNB in the Simple Earn program.
Airdrop Eligibility and Token Distribution Timeline
The word from Binance is, folks who put their BNB into the Binance Simple Earn program between 00:00 (UTC) on February 1, 2025, and 23:59 (UTC) on February 5, 2025, qualify for the airdrop.
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Also, key info: Binance will list the LAYER token on February 11th, and the new tokens will land in eligible wallets just an hour before trading starts.
LAYER Trading Pairs and Tokenomics Details
The Solayer (LAYER) listing will take place at 14:00 UTC against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs on Tuesday.
The total token supply is 1 billion LAYER tokens with 30,000,000 LAYER (3% of total token supply) allocated to HODLer Airdrops. Also, an additional 20,000,000 LAYER will be allocated for marketing purposes three months after the token’s listing.
The Binance announcement also let slip that the initial supply of the LAYER token will be 210,000,000 LAYER (21% of total token supply). The leading exchange will also drop a research report on the project 12 hours after the official launch of the altcoin.
LAYER Token Spreads to Other Exchanges
However, Binance is not the only exchange listing LAYER. Leading South Korean crypto exchange Bithumb also stated that it will launch the Solayer (LAYER) KRW trading pair, adding that deposits will be on starting Tuesday at 21:00 local time. However, they’re keeping the exact trading start time under wraps until there’s enough liquidity.
MEXC, another major digital asset trading platform, has also confirmed the listing of Solayer (LAYER), adding that the event will also be followed by Airdrop+ rewards.
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To promote the token launch, MEXC has rolled out five activities for users. Each activity gives users a chance to win LAYER tokens, USDT bonuses, and more.
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