CMC News

$LINEA Airdrop Launches for Historical $BNB Holders

#Binance has unveiled its 37th HODLer #Airdrops project featuring Linea, a layer-2 ZK-rollup network designed to scale #Ethereum. Users who held $BNB in Simple Earn products between Aug. 25-28 will receive retroactive $LINEA distributions.

The exchange will list $LINEA on Sept. 10 at 4 p.m. UTC with trading pairs against $USDT, $USDC, $BNB, $FDUSD, and TRY. Deposits open Sept. 9 at 2 p.m. UTC, with the seed tag applied to the new listing.

Total LINEA supply reaches 72,009,990,000 tokens, with HODLer Airdrops allocating 720,099,900 tokens representing 1% of maximum supply. Circulating supply at launch will be 15,482,147,850 tokens, approximately 21.5% of total supply.

Additional allocations include 180,024,975 LINEA for marketing campaigns post-listing and another 360,049,950 tokens reserved for six months later. These distributions will be announced separately through dedicated campaigns.

#Binance's HODLer Airdrops program rewards historical $BNB holders through retroactive snapshots rather than requiring ongoing actions. The system uses multiple hourly snapshots to calculate average balances in Simple Earn and On-Chain Yields products.

LINEA operates as a zkEVM-powered layer-2 solution built to address Ethereum's scalability challenges. The project aims to provide faster transaction processing while maintaining #Ethereum's security guarantees through zero-knowledge proof technology.