Binance Launches 20 Million RESOLV Token Airdrop for BNB Holders

Binance has announced the launch of a 20 million RESOLV token airdrop for BNB holders as part of its HODLer Airdrop initiative. This airdrop is the 21st project in the initiative and is designed to reward long-term BNB holders. The airdrop is open to users who subscribed to Simple Earn or On-Chain Yields between May 28 and May 31. The RESOLV token, which supports a stablecoin backed by both ETH and BTC, will be listed on Binance Spot with five trading pairs, including USDT and BNB.

Resolv is more than just an airdrop project; it represents the next generation of stablecoin infrastructure. The stablecoin USR, backed by a 50/50 mix of Ether (ETH) and Bitcoin (BTC), aims to provide stability and transparency through native crypto collateral. This approach differs from most stablecoins, which are backed by fiat reserves or use algorithmic methods. The initial supply of RESOLV is one billion tokens, with 15.58% (155.75 million) currently in circulation. Out of this, 2% (20 million RESOLV) is allocated for HODLer Airdrops, rewarding loyal BNB holders for their long-term commitment.

Eligibility for the RESOLV airdrop is determined by hourly snapshots taken during the specified period. Users who staked or locked their BNB via Simple Earn or On-Chain Yields between May 28 (00:00 UTC) and May 31 (23:59 UTC) are eligible. The average BNB balance across all BNB margin trading products is used to determine eligibility. This retroactive reward system means users do not need to claim or stake; they simply need to hold BNB in their product.

The airdrop page will go live approximately five hours after the announcement, and token distribution will occur at least one hour before trading starts. Spot trading for RESOLV will open on June 11 at 14:30 UTC, with trading pairs including RESOLV/USDT, RESOLV/USDC, RESOLV/BNB, RESOLV/FDUSD, and RESOLV/TRY. Users can start depositing RESOLV one hour after the listing announcement, and all airdropped tokens will appear in their Spot Wallets automatically.

Prior to the official listing, RESOLV was available in the Binance Alpha Market, an exclusive testing ground for early access to unlisted tokens. With the main spot market listing, RESOLV will be delisted from Alpha. Binance has already begun transferring Alpha-held RESOLV tokens into users’ Spot Accounts, streamlining access for trading. Alpha participants will retain their balances post-delisting and can continue selling via Alpha until trading ceases entirely.

The tokenomics of RESOLV include a supply cap of 1 billion tokens, with an initial circulating supply of 155.75 million (15.58%). The airdrop allocation includes 20 million RESOLV for BNB HODLer Airdrop (2%) and 5 million RESOLV reserved for future marketing campaigns. The listing fee for RESOLV is zero, and it has a Seed Tag, indicating it may be more volatile or risky for brand new tokens. By launching RESOLV with no listing fee and generous early rewards, Binance demonstrates its commitment to the long-term potential of the protocol. The collateralization of USR by BTC and ETH gives the project a unique stance in the world of stablecoins.

Binance’s HODLer Airdrops have become a popular passive income strategy for BNB holders. The process is straightforward and requires no active farming, staking, or wallet juggling. Users can qualify by subscribing their BNB to either Simple Earn (Flexible or Locked) or On-Chain Yields. Binance takes random hourly snapshots to track average balances, and if the BNB is in the right product at the right time, users qualify automatically. Airdrops are sent directly to Spot Wallets, with no manual claiming needed. Each airdrop is independent, so staying subscribed ensures ongoing eligibility for future events. Binance clarifies that staked or collateralized BNB (e.g., slisBNB, clisBNB) is included in reward calculations, but BNB used for Flexible Rate Loans does not count.

Before participating, users must ensure they reside in a supported jurisdiction. Binance excludes residents from certain regions, including the United States, United Kingdom, Canada, Japan, Russia, and parts of Ukraine, among others. KYC verification is mandatory. While the airdrop is a zero-cost opportunity, Binance urges users to avoid interacting with RESOLV via unofficial sources prior to the official listing to avoid scams or counterfeit tokens. Official contract addresses are clearly provided on both Ethereum and BNB Chain.

The stablecoin race is intensifying, and Resolv’s hybrid backing model positions it uniquely in the market. By combining native crypto assets with algorithmic design, RESOLV aims to address the long-standing issues of fiat-backed stablecoins, such as lack of transparency and centralization risks. This innovative approach could set a new standard for stablecoin infrastructure, providing users with a more reliable and transparent option in the crypto market.