Banana Gun was recently announced by Binance that it will be the first project to appear in the Binance HODLer Airdrops program. So is this project so favored by Binance? Let's find out with Followin through the following article!
What is Banana Gun (BANANA)?
Banana Gun is a Telegram Bot designed to help users safely hunt for TGE waves. With the desire to become the main tool to help users hunt for Token and perform manual transactions on the Ethereum network, and may expand to other Blockchains in the future.
How does Banana Gun (BANANA) work?
Banana Gun builds an automatic trading tool right on Telegram, supporting users to buy, sell and receive information the fastest. Banana Gun's Telegram Bot builds tools for portfolio management right on Telegram, real-time trading right on DEX and features such as Anti- Rug and Blacklist,...
Outstanding features of Banana Gun:
- Auto Sniper : Automatically hunt for new Token launches.
- Manual Trader: Buy Token manually easily.
- Anti- Rug: Protects you from Rug Pull scams.
- Private Transactions: Make sure your transactions are secure.
- Sandwich Protection: Avoid sandwich attacks.
- Reorg Protection: Safe from blockchain reorganizations.
Banana Gun products
Banana Gun's goal is to create the perfect ecosystem in the long term, and to achieve that, Banana Gun needs the tokenomics system as its driving force. Banana Gun has carefully built a system where bot users become Token holders and Token holders become bot users, creating a sustainable virtuous cycle.
Currently Banana Gun is expanding more features and products built on WebApp, previously they launched Telegram Bot as a central tool for their ecosystem. Banana Gun also builds Dashboards for users and their Holders to track project activity, revenue, and rewards.
Outstanding features of the project
Banana Gun solves many important problems in the decentralized trading space such as:
- First, it helps users avoid scams (Rug Pull) by automatically Token Sale when detecting unusual signs from the developer.
- Next, the Transfer on Blacklist feature protects users from being blacklisted by transferring Token to a secure wallet.
- Finally, Degen Mode allows users to engage in internal transactions without being restricted by secure tax settings, although this feature needs to be used with care.
The highlight of the Banana Gun project is its ability to create a sustainable ecosystem where bot users become Token holders and vice versa. This creates a virtuous cycle, promoting growth and stable revenue. By providing safe and efficient features, Banana Gun not only helps users optimize profits but also protects them from common risks in decentralized trading.
Banana Gun is the first project in the Binance HODLer Airdrops program
Binance HODLer Airdrops is a program that rewards BNB holders with Airdrop Token based on historical snapshots of their BNB balances. By enrolling BNB into Simple Earn, users automatically qualify for HODLer Airdrops, as well as rewards from Launchpool and Megadrop.
Users who subscribed BNB to Simple Earn products from 07:00 June 23, 2024 (UK time) to 06:59 July 6, 2024 (UK time) will receive Airdrop distribution. The Airdrop Token will be distributed to users' Spot Wallets one hour before trading begins.
Binance will list BANANA at 16:00 July 20, 2024 (UTC time) and open trading with BANANA/ BTC, BANANA/ USDT, BANANA/ BNB, BANANA/FDUSD and BANANA/TRY trading pairs.
Unlike other earning methods that require continuous action, HODLer Airdrops reward users automatically, providing a simpler way to earn additional Token. By enrolling BNB into Simple Earn products, users can automatically qualify for Token rewards.
BANANA Airdrop details:
- Airdrop for BNB holders: 800,000 BANANA
- Current circulating supply: 2,420,000 (27% of total supply)
- Circulating supply when listed on Binance: 3,220,000 BANANA (36% of total supply)
- BNB holding limit: User's Medium BNB holding / Medium BNB holding * 100% ≤ 4% (If holding rate exceeds 4%, BNB holding rate will be calculated as 4%)
Overview of BANANA Token
Tokenmetrics
- Token Name: BANANA
- Ticker: BANANA
- Blockchain: Ethereum
- Token Standard: ERC-20
- Contract: 0x38e68a37e401f7271568cecaac63c6b1e19130b4
- Total supply: 8,900,000 BANANA
- Max Supply: 10,000,000 BANANA
- Circulating supply: 2,420,000 BANANA (27% of total supply)
Token allocation and Token payout schedule
Tokenomics details of BANANA
- Holders: 22%
- Liquidity: 1.7%
- Airdrop: 1.2%
- Team: 10%
- Burn: 1%
- Treasury: 63.8%
Token Use Cases
Banana Gun's revenue Chia model rewards Token holders through bot revenue and tax revenue.
- 40% of bot revenue is distributed to unlocked Token holders
- 50% of tax revenue is allocated to the Revenue Chia Pool, ensuring fair rewards for loyalty.
How to earn and own BANANA Token
In addition to buying BANANA on CEX or DEX, you can immediately join the Banana Gun project's own program to become a supporter of the project. Or join Binance HODLer Airdrops on July 20, 2024 to receive rewards from Banana Gun and Binance.
Read more: Binance Lists Banana Gun (BANANA) Through Binance HODLer Airdrops Program
Roadmap
Banana Gun (BANANA) project team
Updating…
Investor and partner of Banana Gun
Investors
A public fundraising was conducted on September 8 by Banana Gun and quickly sold out with a total Capital raised of 800 ETH at a Presale price of $0.65 (according to Cryptorank).
Partner
Updating…
Reviews about Banana Gun (BANANA)
Banana Gun was recently announced by Binance as the first project in the HODLer Airdrops program, a project that provides advanced trading tools. This project stands out with new Token hunting, manual trading, and protections such as anti- Rug Pull and private transaction protection. Being listed by Binance and distributing the Airdrop to BNB holders adds attention and credibility to the project.
The advantages of Banana Gun include its ability to provide a powerful trading tool with safety features that help users optimize profits and protect against risks in decentralized trading. The Anti- rug and Transfer on Blacklist features are especially important in protecting users from scams and fraud.
However, Banana Gun is a project still in the process of expansion and development, with some features such as Degen Mode that can reduce the safety of transactions and should be used carefully.
Banana Gun has quite great potential coupled with the Telegram wave. By being listed on Binance, the project has the opportunity to reach a wider audience and attract new users. The combination of powerful trading tools and recognition from a major exchange like Binance could make Banana Gun one of the leading trading tools in the DeFi space.
Please note, the above is an objective opinion, not investment advice!
Frequently asked questions about Banana Gun (BANANA)
What is Banana Gun (BANANA)?
Banana Gun is a Telegram bot designed to support trading on decentralized exchanges (DEX).
When will Banana Gun be listed on Binance?
Banana Gun is expected to be listed on Binance at 16:00 July 20, 2024 (Vietnam time).
Read more: Binance Lists Banana Gun (BANANA) Through Binance HODLer Airdrops Program
Where can I learn more about Banana Gun (BANANA)?
In addition to the information compiled 24/7 on Allinstaion, you can check on the official channels of the Banana Gun (BANANA) project:
