Binance Incentivizes BNB Holders with Token Airdrops in New Lending Initiative

Crypto exchange Binance has launched an airdrop initiative for BNB holders, as founder Changpeng Zhao reportedly controls over 60% of the token’s circulating supply.



On Wednesday, Binance unveiled its "HODLer Airdrops" program aimed at Binance Coin (BNB) holders. This initiative seeks to create a “healthy and sustainable market environment” by incentivizing users to join Binance’s Simple Earn lending program. Participants will be rewarded with tokens from upcoming projects set to list on the platform, contingent upon their participation in the lending program.



The specifics of the tokens to be distributed among Simple Earn participants remain undisclosed. However, Binance emphasized its focus on collaborating with “small to medium projects with strong fundamentals, a large circulating supply, and robust organic communiti


First found on: Cryptonews from Coinatory