Binance Airdrops 150M FF Tokens to Subscribers as Falcon Finance Joins Program
Binance has announced a significant allocation of 150 million FF tokens, representing 1.5% of the total supply, to eligible BNB Simple Earn and On-Chain Yields subscribers. This move comes as Falcon Finance (FF), a universal collateralization infrastructure, joins Binance's HODLer Airdrops program as its 46th project.
Falcon Finance, which aims to boost on-chain liquidity and yield strategies, has seen its USDf stablecoin ecosystem achieve a total value locked (TVL) of over 100 million within a month of beta testing. The project's maximum supply is 10 billion tokens, with 2.34 billion (23.4%) in circulation at launch.
The success of Falcon Finance is contingent upon factors such as regulatory clarity, cross-chain support, and the practical use of USDf. To ensure fairness, Binance has implemented a BNB holding cap of 4% to prevent any single account from receiving an outsized share of the allocation. FF tokens will be distributed in two phases: 150 million for the current airdrop and another 150 million for marketing six months later.
FF is already listed on Binance Alpha and will not be delisted. Alpha balances will transfer to Spot Accounts within 24 hours. Trading will commence on Sept. 29 at 13:00 UTC, with USDT, USDC, BNB, FDUSD, and TRY pairs available.
The allocation of 150 million FF tokens to eligible subscribers marks an important step for Falcon Finance as it joins Binance's HODLer Airdrops program. With a successful beta testing phase and a clear roadmap for token distribution, Falcon Finance looks set to enhance on-chain liquidity and yield strategies across ecosystems.
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