The cryptocurrency exchange Binance is preparing to offer its users a new altcoin project, Resolv (RESOLV), as part of the HODLer Airdrops. According to the announcement, users who invest their BNB in Simple Earn or On-Chain Yields products from May 28 to 31 will automatically earn the right to receive RESOLV coin rewards. These coins will be distributed to users’ wallets before they are introduced to the spot market and will start trading on Binance today, June 11.
Details of the HODLer Airdrops and Distribution Process
Resolv (RESOLV) operates in the decentralized finance (DeFi) space and features a stablecoin named USR, pegged to the US dollar and backed by its own reserves of Ethereum (ETH) $2,435 and Bitcoin (BTC)
$105,584. Binance announced that RESOLV coin, the mainnet asset of USR’s issuer Resolv, is the 21st project in the HODLer Airdrops program.
The distribution of RESOLV coins is scheduled for users who invested their BNB in Binance Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between May 28, 2025, at 03:00 AM and May 31, 2025, at 02:59 AM. Binance plans to distribute 20 million RESOLV coins, representing 2% of the total supply of 1 billion. Users’ eligible amounts will be calculated based on their average BNB holdings during the stated period, and no single user’s share can exceed 4% of the total pool.
RESOLV Coin to Go Live on the Spot Market at 5:30 PM
Binance will list the RESOLV coin on the spot market starting June 11, 2025, at 5:30 PM. The altcoin will be available for trading in various pairs, including USDT, USDC, BNB, FDUSD, and TRY. Due to its high volatility and risk potential, it will be tagged with a “seed tag.” Users will be able to start depositing their RESOLV coins onto Binance about an hour after this announcement.
Currently, trading in RESOLV is taking place on Binance Alpha Market. However, once spot trading begins, the altcoin will no longer be listed on Binance Alpha. With the commencement of spot market trading, RESOLV’s circulating supply will reach 155.75 million coins. Additionally, 5 million RESOLV coins will be allocated for post-listing marketing campaigns.