Binance Lists Yield Basis (YB) After $10M Airdrop to BNB Holders, 53rd HODLer Project
Key Takeaways:
- Binance launches its 53rd HODLer Airdrops project, Yield Basis (YB), a DeFi protocol designed to boost liquidity yield and reduce impermanent loss.
- 10 million YB tokens (worth 1% of total supply) distributed to eligible BNB holders via Simple Earn and On-Chain Yields.
- Trading begins October 15 with YB/USDT, YB/USDC, YB/BNB, YB/FDUSD, and YB/TRY pairs; listing fee: $0.
Binance continues to expand its DeFi footprint by introducing Yield Basis (YB), the 53rd project under its HODLer Airdrops program, offering BNB holders retroactive rewards for staking participation. The move reinforces Binance’s growing strategy to reward long-term holders while accelerating listings of new decentralized finance projects with sustainable yield mechanisms.
Binance Launches Yield Basis, the 53rd HODLer Airdrop
In its latest announcement on October 14, Binance confirmed the addition of Yield Basis (YB) to the HODLer Airdrops page. YB positions itself as a DeFi yield protocol designed to provide liquidity providers with optimized returns using leverage while reducing exposure to impermanent loss, a long-standing challenge in automated market-making.
Users who subscribed their BNB to Simple Earn (Flexible or Locked) or On-Chain Yields products between Oct 9, 00:00 UTC, and Oct 11, 23:59 UTC, automatically qualified for the YB airdrop. According to Binance, eligible users will receive their YB tokens directly in their Spot Accounts at least one hour before trading begins.
Read More: Binance Unveils Its 50th HODLer Airdrop with the Giving Away of 32.5 Million WAL
YB Tokenomics and Airdrop Breakdown
- Token Name: Yield Basis (YB)
- Total Supply at Genesis: 700,000,000 YB
- Maximum Supply: 1,000,000,000 YB
- Airdrop Rewards: 10,000,000 YB (1% of max supply)
- Circulating Supply at Listing: 87,916,667 YB (~12.56% of total supply)
- Smart Contracts:
- BNB Smart Chain: 0xFB93EE8152dd0a0e6F4b49C66c06d800Cf1Db72d
- Ethereum: 0x01791F726B4103694969820be083196cC7c045fF
- Listing Fee: 0
- BNB Holding Cap: Max 4% of total average BNB pool per user
The new asset will list on Binance Spot at 11:00 UTC on October 15, opening with pairs against USDT, USDC, BNB, FDUSD, and TRY. Deposits open at 12:00 UTC on October 14.
YB will also appear temporarily on Binance Alpha – the exchange’s pre-listing discovery zone but will be removed once spot trading begins. Binance Alpha users can transfer their YB to Spot Accounts within 24 hours once trading goes live.
Read More: Binance Airdrops 720M+ LINEA in Surprise HODLer Airdrop Before Big Listing
Yield Basis – A DeFi Protocol Focused on Smarter Liquidity
Yield Basis (YB) aims to solve one of DeFi’s most persistent problems: impermanent loss, the temporary value fluctuation faced by liquidity providers when asset prices change.
The project introduces a leveraged yield strategy, balancing capital efficiency and risk control through dynamic market hedging.
Although more information is forthcoming in the Binance Research Report, the design of YB is guided by an emerging trend in DeFi of “intelligent yield optimization” in which algorithms reposition exposure so as to optimize rewards and guard against volatility.
The fact that Binance listed YB in the Seed Tag category implies that the project is still in its early years, yet it has a high potential of innovations. The seed tag assists users in establishing new and high-risk-high-reward assets where the price can move quickly after the listing.
User Access, Airdrop Timelines, and Trading Features
The airdrop rewards of the YB will be given away within 24 hours of announcement and all the eligible tokens will automatically appear in the Spot Wallets of the users. Spot trading will go live on October 15, followed by Spot Copy Trading and Trading Bots integration within one hour.
Binance has also confirmed that Spot Algo Orders will be available for all YB pairs immediately after listing, allowing traders to automate entry and exit strategies at launch.
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