Binance Introduces Solayer (LAYER) as 8th HODLer Airdrop Project
Binance Holdings Ltd has launched the 8th project in its HODLer Airdrop, introducing Solayer (LAYER), part of the Solana ecosystem, aimed at improving restaking capabilities.
- BNB holders subscribed to Simple Earn from February 1 to February 5 are eligible for LAYER airdrop.
- Eligible users will receive LAYER tokens within 24 hours after the announcement.
- LAYER will be listed for trading on Binance starting Tuesday at 14:00 UTC against Bitcoin, Tether, Circle, BNB, FDUSD, and TRY pairs.
- The token carries a seed tag indicating high volatility.
LAYER Tokenomics
- Total supply of LAYER is 1 billion; 30 million tokens (3%) allocated for the airdrop.
- Circulating supply post-airdrop will be 210 million tokens (21% of total supply).
- 51.23% of total supply designated for community and ecosystem, vested every 3 months over 4 years.
- Allocation includes 34.23% for research, development, and ecosystem growth, 14% for community events, and 3% for Emerald Card community sale.
- Investor allocation is 16.66%, core contributors 17.11%, and Solayer Foundation 15%.
Support and Future Plans
- Solayer benefits from Binance initiatives and previous collaborations like BNSOL, a liquid staking token.
- Bithumb and Upbit Korea have announced listings for LAYER tokens.
- Solayer plans to launch its chain, infiniSVM, in 2025 for scalable solutions.