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#EULBinanceHODLer BINANCE ANNOUNCES ITS 51ST AIRDROP: EULER ($EUL) FOR BNB HODLERS! 🌟
Binance has just launched its 51st HODLer Airdrop, rewarding users who hold or subscribe to $BNB with free tokens from the Euler protocol ($EUL).
What is Euler ($EUL)?
Euler is an advanced DeFi lending protocol on Ethereum. Its main feature is its modular and permissionless design, which allows users to create lending and borrowing markets for any ERC-20 token. This offers great flexibility in the crypto ecosystem.
The native token, $EUL, is used for governance, giving its holders the power to vote and determine the parameters of the protocol. The system also stands out for allowing advanced lending options and being non-custodial, keeping control of the assets always in the hands of the user.
Key Details of the Airdrop
Binance is distributing 543,657 EUL, representing 2% of the total supply of Euler tokens. - Total Supply: 27,182,818 EUL. - Airdrop Reward: 543,657 EUL. - Initial Circulating Supply: Approximately 19.8 million EUL (72.87% of the initial supply) will be available when the token is listed on Binance.
This is a significant gift that reinforces the value of being a BNB hodler on the exchange.🥰💓
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