This program reflects Binance’s commitment to fostering a healthy and sustainable crypto market. By supporting projects with strong fundamentals, large circulating supplies, and engaged communities, HODLer Airdrops benefit both users and these exciting new ventures.

How to Participate in HODLer Airdrops

Head to the Earn section on Binance and search for BNB.

Subscribe to Simple Earn products (Flexible or Locked) using your BNB holdings.

Stay tuned for announcements! Binance will announce upcoming HODLer Airdrops with details about the project and the airdrop date.

Reward Calculation & Distribution

To determine user rewards, Binance will take snapshots of user and pool balances in Simple Earn products (Flexible and Locked) at various times throughout the day.

These snapshots will be used along with historical snapshots taken at random intervals to calculate user rewards.

Eligible users will receive their airdropped tokens directly in their Spot Wallets within 24 hours of the official announcement.

The post Binance Launches Exclusive HODLer Airdrops for BNB Holders! appeared first on Coin Engineer.

The Astar Foundation shared a community proposal on June 4th to burn 350 million ASTR, worth approximately $31 million. Following this announcement, the price of ASTR rose by around 8%.

The details of the statement made by the Foundation stated that the voting on the proposal will take place after a 3-week community discussion. The community has already welcomed this proposal positively with the increase:

Astar Network proposes burning 350 million ASTR worth $31 million. The Astar Foundation is considering a significant initiative to burn the parachain auction reserve. Voting on the proposal will take place after a three-week community discussion. Burning the reserve could benefit ASTR holders by reducing the total staked supply, thus increasing the rewards for stakers.

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Increase in ASTR price

According to CoinGecko data, ASTR, which showed an 8% increase under the influence of the news feed, rose from $0.086 to $0.093. After the increase, a significant pullback was observed in the price. ASTR is currently trading at $0.09.

The post Altcoin Project Proposes $350 Million Burn, Price Experiences Sudden Surge! appeared first on Coin Engineer.