Binance has announced its 31st airdrop, distributing PROVE tokens to BNB holders. This airdrop is aimed at promoting DeFi and implementing zero-knowledge technologies.
Announcement of PROVE Airdrop
Binance has conducted its 31st HODLer Airdrop, distributing 15 million PROVE tokens. This initiative targets the growth of decentralized finance (DeFi) and the adoption of zero-knowledge infrastructure.
Rewards for BNB Holders
Participants holding BNB tokens received direct rewards. Binance's decision to exclude jurisdictions such as the US and UK reaffirms compliance with regional regulations, impacting global participation.
Market Impact and DeFi
Trading of the PROVE token is available across five pairs, including PROVE/USDT, opening new liquidity avenues for participants. Volatility typically characterizes new tokens, and the eligibility incentives could influence BNB demand.
Thus, the PROVE airdrop may act as a catalyst for further developments in decentralized finance and increase interest in zero-knowledge technologies.
