Binance has added a new project to its Airdrop Portal, introducing Thena (THE) as the second cryptocurrency to reward BNB holders. This comes just after the announcing Banana Gun (BANANA) on the airdrop portal, the inaugural project launched in October 2024.

The Thena (THE) airdrop is targeted at Binance users who subscribed their BNB to Simple Earn products, including both flexible and locked products, between November 6 and November 13, 2024. These users will be eligible to receive rewards from the airdrop.

With a total supply of 206,863,770 THE tokens, Thena will allocate 7% of its maximum supply—approximately 21.75 million THE tokens—for the HODLer airdrops.

Thena will be listed on Binance starting November 27, 2024, and trading will begin with multiple pairs, including THE/BTC, THE/USDT, THE/BNB, THE/FDUSD, and THE/TRY.

The airdrop distribution will take place just an hour before the token's trading debut on Binance. The airdrop page for Thena is expected to be available soon, where users can claim their rewards.

Overview of Thena’s Ecosystem and Vision

Thena aims to revolutionize the decentralized finance (DeFi) space by offering a comprehensive range of products and services within its ecosystem. Thena’s core offerings include:

• THENA (Spot DEX): A platform where users can swap digital assets and generate passive income.

• ALPHA (Perpetuals DEX): A platform that offers trading on over 270 crypto pairs with leverage up to 60x.

• ARENA: A social platform that hosts trading competitions and provides gamified experiences for users.

• WARP (Launchpad – Upcoming): A forthcoming launchpad aimed at further expanding the Thena ecosystem.

With a versatile approach, Thena plans to corner a variety of liquidity needs, including stablecoins, tokenized real-world assets (RWAs), memecoins, and more.

The Role of Binance’s HODLer Airdrops Program

Binance’s HODLer Airdrops program is designed to reward users who hold BNB tokens in their Binance accounts and subscribe to Simple Earn products. The program aims to provide passive income opportunities for users based on historical snapshots of their BNB balances.

It serves as a hub for blockchain projects to distribute their tokens efficiently and allows users to discover, participate, and claim airdrop rewards.

Users can visit the Airdrop Portal to find information on upcoming and active airdrops. Participation requirements vary depending on the project, and users must meet the eligibility criteria to receive their tokens. 

Once the airdrop is completed, the tokens are automatically credited to the user's Binance account, where they can trade, hold, or use the tokens as they see fit.