Binance has unveiled its latest initiative, introducing the Berachain (BERA) project as part of its HODLer Airdrops program. This new offering allows users to earn BERA coins by depositing their BNB assets into the Simple Earn platform between January 22 and January 26, 2025. The much-anticipated rewards will be distributed at least one hour prior to the launch of BERA trading on February 6, 2025.
What Are the Key Features of the BERA Airdrop?
Berachain will debut with a total supply of 500 million BERA coins, implementing an annual inflation rate of 10%. During the promotional period, Binance will allocate 10 million BERA coins to users who engage in BNB deposits, while 5 million additional coins will be dedicated to marketing initiatives, becoming accessible a year post-listing.
How Does Binance’s HODLer Airdrop Work?
The Binance HODLer Airdrops program rewards BNB holders by utilizing historical account snapshots. Users who place their BNB in Simple Earn are automatically qualified for these rewards, enabling them to earn passive income without needing to trade actively.
To benefit from this airdrop, users must deposit BNB into Simple Earn, as Binance takes periodic snapshots to determine the average BNB balances. Rewards are credited to users’ wallets within 24 hours following the announcement.
– Users can earn BERA coins by simply depositing BNB.
– A total of 10 million BERA coins will be distributed during the airdrop.
– The program allows users to earn without active trading.
With the potential for additional benefits through Binance’s various programs, participants are encouraged to increase their BNB holdings for optimal rewards. This initiative could mark a significant opportunity for users to enhance their portfolios within the Binance ecosystem.
