Solayer Airdrop Kicks Off with 30M LAYER for Users

2 mins mins

Key Points:

Solayer (LAYER) will launch on February 11, 2025, at 14:00 UTC.
Binance will distribute 30 million LAYER tokens via HODLer Airdrops.

Solayer Airdrop Kicks Off with 30M LAYER for Users

Binance and Upbit announced the listing of Solayer (LAYER) tokens for trading on February 11, 2025, at 14:00 UTC. The token launches with 210 million tokens in circulation from a total supply of 1 billion.

Binance offers trading pairs in BTC, USDT, USDC, BNB, FDUSD, and TRY, while Upbit provides KRW, BTC, and USDT pairs. The project includes a 30 million token airdrop for BNB Simple Earn participants. The all-encompassing tokenomics structure reveals tactical allocations across various sectors.

Solayer Airdrops 30M LAYER via Binance as Trading Begins on Upbit

Major cryptocurrency exchanges Binance and Upbit are set to list Solayer (LAYER), a new token on the Solana network, on February 11, 2025.

Trading on Binance will begin at 14:00 UTC, featuring pairs with BTC, USDT, USDC, BNB, FDUSD, and TRY. Upbit will offer trading pairs in KRW, BTC, and USDT, with deposits available starting at 12:00 PM.

The total supply of LAYER is capped at 1 billion tokens, with 210 million tokens (21%) circulating at the time of listing.

As part of the launch, Binance will distribute 30 million LAYER tokens through its HODLer Airdrops program, targeting eligible BNB Simple Earn participants.

Solayer Allocates 34.23% of LAYER for R&D and Growth

On February 6, Solayer announced LAYER token economics, with the total supply capped at 1 billion tokens and an initial circulation of 220 million tokens.

Solayer (LAYER) Distribution. Source: @solayer_labs

Category	Allocation (%)	Purpose
Research & Development	34.23%	Growth, innovation, and ecosystem initiatives
Community Incentives	14%	Engagement and participation rewards
Genesis Drop Rewards	12%	Rewards for sSOL & sUSD holders, AVS partners, and DeFi participants

Further distributions comprise 17.11% for core contributors who are instrumental in the project’s success, alongside 16.66% reserved for investors who believe in the vision and potential of Solayer.

Lastly, the Solayer Foundation receives 15% to support ongoing network improvements and community initiatives.

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