On July 28, Binance announced the 29th project on the Hodler Airdrops-Tree (Tree) portal before listing the digital asset. The Hodler Airdrops portal was created by Exchange to retroactively reward its users, based on their BNB holders. Treehouse is a fixed decentralized layer.
Binance announcement for Tree Hodler Airdrops
In its official notes, Binance revealed that users who have subscribed BNB to simple Earn products (flexible and/or blocked) and/or on-chain yields starting July 10, at 00:00 (UTC) until July 13, at 23:59 (UTC), are eligible for the following amirdrop. Binance has also listed the following important details about Tree and Airdrop: the total supply of token Genesis will be 1 billion TOE tokens. The maximum supply of tokens will be 1 billion tokens. The rewards of the token for Hodler Airirdrops will be 12.5 million Tree tokens, representing 1.25% of the total amount of token. An additional amount of 12.5 million Tree tokens will be allocated for future marketing campaigns, 6 months after Spot listing. The supply in circulation at Binance listing will be over 156.1 million Tree tokens, or 15.61% of the total amount of token. There will be no listing fee for Tree. Binance also shared the Tree details for BNB Chain and Ethereum blockchain. Exchange has revealed the details of the Tree listing in the same ad.
Details of the Binance Tree listing
Binance will list the following trading pairs for Tree on July 29, at 2:00 pm (UTC): Tree/USDT Tree/USDC Tree/BNB Tree/FDUSD Tree/TRY TRA will be listed with seed tag. This means that the project is a newer one and could present a higher volatility compared to other projects already listed. Users are advised to do their own research (Dyor) before deciding to invest in Tree. Users can start to deposit Tree today, July 28, at 4:00 pm (UTC). The Exchange also announced that it will list the first time on Binance Alpha. This is the Binance platform to present the early stage projects that have growth potential in the web3 ecosystem. Join the 33,000+ subscribers. No spam, only useful info.