Golden Finance reported that amid the turmoil in the global financial market due to the conflict between Israel and Iran, with the cryptocurrency market BTC falling below $104,000 and the entire network experiencing a $225 million margin call in the past hour, Binance’s HODLer airdrop program has made a new move – the 22nd project, Defi App (HOME), has officially launched.
The Defi App is positioned as an integrated decentralized crypto super application, dedicated to simplifying users’ experience in the crypto and blockchain world and promoting mass adoption. By integrating the simplicity of CeFi and the decentralized advantage of DeFi, it has created an “all-round” crypto platform, enabling users to provide all the necessary crypto services in one place without having to use multiple tools or migrate assets across chains. For instance, users can easily exchange tokens on this platform, breaking the boundaries of blockchain and seizing investment opportunities in the DeFi field anytime and anywhere.
According to the official announcement, Binance will officially list HOME at 23:00 on June 12, 2025 (Beijing Time), and open trading pairs for USDT, USDC, BNB, FDUSD and TRY, applying the seed tag trading rules. It is worth noting that the HOME recharge channel will open one hour after the announcement is released, which means that users will soon be able to participate in the transaction activities related to HOME.
From the perspective of the project itself, since its establishment, the DeFi App has undergone three large-scale fundraising rounds. Currently, its latest valuation has reached 100 million US dollars. It has received support from numerous institutions such as Mechanism Capital, Balaji Srinivasan, Pentoshi, George Beall, Comfy Capital, Selini Capital, etc. Its core function is highly innovative. It adopts the “full-chain abstraction” technology, shielding users from complex operations in the multi-chain ecosystem. Users can freely exchange information across chains within the platform without caring about on which chain the interaction occurs or whether they hold the corresponding Gas Token, truly achieving “one-click cross-chain”. Meanwhile, the platform takes the lead in integrating the WebAuthn standard, supports biometric login methods such as fingerprint recognition and facial ID, and has an account recovery mechanism of “no mnemonic words”, which greatly improves the user experience, makes the operation close to Web2 applications, and effectively solves the problem of cumbersome use of Web3 wallet. Furthermore, through the platform’s payment agency mechanism, users do not need to Pay Gas fees when completing on-chain interactions. It has also been connected to a third-party payment channel, supporting methods such as Apple Pay and Google Pay to realize fiat currency inflows and outflows.
For Binance users, the launch of the HODLer airdrop on the Defi App (HOME) undoubtedly offers them new investment options and profit opportunities. Users who meet the participation conditions of Binance HODLer’s airdrop, namely those who have completed real-name authentication (KYC), come from eligible jurisdictions, hold a certain amount of BNB and use BNB to purchase Binance’s designated products, are expected to be within 24 hours after the announcement of the airdrop Receive HODLer airdrop rewards in its spot wallet.
In the current cryptocurrency market full of uncertainties, the launch of the Defi App (HOME) may attract the attention of some investors and inject new vitality into the market. However, investors also need to remain cautious and fully recognize the risks involved in cryptocurrency investment. Although Defi apps have many innovative features, there are still many uncertainties regarding market fluctuations, the actual implementation effects of the projects, and their future development. When participating in relevant trading activities, investors should closely monitor market dynamics, reasonably assess their own risk tolerance, and make rational investment decisions. With the launch of Binance’s HOME trading pair and the subsequent related activities, the cryptocurrency market is set to witness new changes, and its subsequent development is worth continuous attention.
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