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Binance woos BNB holders with token airdrops for joining lending program

Overview of Binance Coin Airdrop Program

Binance has announced a new airdrop program for BNB holders, aiming to enhance the market environment for Binance Coin. The program, known as HODLer Airdrops, will reward BNB holders with tokens from projects looking to list on Binance.

Criteria for Participation in BNB Airdrop Program

To participate in the HODLer Airdrops program, BNB holders must join Binance’s lending program, Simple Earn, and lock their tokens. Additionally, completion of KYC verification is required, with eligibility depending on the user’s location.

Changpeng Zhao’s Control of BNB Supply

Recent reports have highlighted that Binance founder Changpeng Zhao owns a significant portion of BNB’s circulating supply, raising concerns about his control over the tokens. Zhao’s ownership of 64% of BNB’s circulating supply has sparked discussions about the implications for the cryptocurrency market.

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