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Binance launches HOME DeFi, $200M airdrop!

13.06.2025 09:04

Binance, a leading cryptocurrency exchange, has introduced a new decentralized finance (DeFi) application, HOME, accompanied by a substantial $200 million airdrop for its loyal BNB holders. This initiative follows a recent surge in BNB's price, reflecting positive market sentiment surrounding the Binance ecosystem.

The listing of HOME marks the 22nd project within Binance's HODLers rewards program. Unlike many reward programs demanding continuous engagement, this airdrop is retroactive, rewarding users for past activity. Binance intends to broaden HOME token distribution and encourage governance participation among active BNB users through this generous distribution of 200,000,000 HOME tokens – representing 2% of the total token supply.

Eligibility for this airdrop requires participation in Binance's BNB Simple Earn products and/or On-Chain Yields between June 6th and June 9th. Furthermore, users must complete Know Your Customer (KYC) verification from a supported region to claim their rewards. The distribution itself is scheduled for June 12th, with eligible users receiving their HOME tokens in their spot accounts within 24 hours of the official announcement. Following this airdrop, HOME will graduate from Binance's Alpha program to the main exchange, opening trading against USDT, USDC, BNB, FDUSD, and TRY pairs.

Binance positions HOME as a comprehensive, all-in-one decentralized crypto super-app, aiming to simplify access to DeFi for a wider audience. Key features include gasless transactions across multiple blockchains, eliminating the need for complex cross-chain bridges, and maintaining full user control over their assets. Remarkably, by June 10th, the DeFi App boasted an impressive $15 billion in processed trading volume, demonstrating significant early traction. This substantial airdrop, coupled with HOME's innovative features, signals Binance's continued commitment to fostering the growth and accessibility of the DeFi space.

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