Solayer will make his Binance debut on February 11th through an Airdrop event

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Solayer’s native token Layer is scheduled to make its Binance debut on February 11th, accompanied by an Airdrop event scheduled for an hour before trading begins.

According to a recent announcement, Binance users who subscribe to BNB to Simple-earned products from February 1 to February 5 will be able to earn Layer Tokens from the Airdrop distribution with 30 million tier tokens or a total of 3% allocations. I’m getting it. supply.

Airdrop is scheduled to take place on February 11th, approximately an hour before trading begins. Solayer’s native tokens will be officially listed on Binance from 14:00 UTC on February 11th.

This is the first time a layer has hit the market, so Binance attached a seed tag to the token. Binance can often apply seed tags to alert users of the underlying risks of new projects.

Apart from Binance, the layer is also listed in other major crypto exchanges such as MEXC, Bithumb, and Upbit.

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What is a solution?

The layer is the governance token of Solayer, a restaking protocol built within the Solana (SOL) blockchain. This protocol allows users to earn additional yields by reissuing locked assets through aggressively validated services. This mechanism is said to be inspired and inspired by the lamina propria of Ethereum (ETH) itself.

This protocol gives users the ability to reinfiltrate assets such as Sol, MSOL, and Jitosol, which support Major Dapps and the Solana Network.

News about the release of the native token is already on the market as of September 2024. On January 13th, Solayer announced that it would delay its Layer’s community sales subscription to December 15th, 2025 due to overwhelmingly high demand.

Layer tokens serve as governance and utility assets for early retail investors to contribute to the growth of the platform and participate in decision-making. Additionally, the emerald card holder receives the first batch of layer tokens at a discounted price.

read more: Overwhelming demand delays Soraeyer’s layer token sales after surge in 15x registrations