TNA Protocol Releases New BN Token And Conducts Airdrop For All Users On June 5
In Brief
TNA Protocol will launch a BN token airdrop, considering users’ TNA name holdings, balances, and activities engagement to determine rewards.
Naming and data availability (DA) protocol for Bitcoin TNA (TNA) announced its intentions to initiate the launch of the upcoming BN token airdrop at 12:00 pm UTC on June 5th.
The BN token serves as the ecosystem token for TNA, facilitating various functions and encouraging engagement within the protocol. It enables users to stake for subname issuance, reduce registration fees, and access airdrops. Furthermore, the token plays a crucial role within the TNA Core, the DA layer for Bitcoin, allowing participants to act as node operators and participate in the protocol’s expansion.
The airdrop event is open to all users and will consider various factors to determine participant rewards, including TNA name holdings, TNA token balances, and participation in TNA activities such as name auctions and trading. Participants will receive airdrop scores based on their main name score with an x9 boost, main name influence score, subname score with an x4 boost, TNA holding score with an x6 boost, TNA trading score, and referral and auction scores with the latter offering an x2 boost. Higher scores will result in larger BN airdrops.
TNA Collaborates With Macaron DEX, Unveils Enhanced Engagement Features
TNA is a protocol developed for issuing and overseeing unique name assets specific to the Bitcoin mainnet. Tapnames, TNA’s native assets, consist of human-readable names, which are associated with wallet addresses across different networks within the Bitcoin ecosystem.
Utilizing the Sparse-Merkle Tree structure and its TNA Core framework, TNA ensures decentralized naming services and facilitates seamless interoperability across diverse blockchain ecosystems, thereby improving usability and asset management within the Bitcoin network. The project receives support from MH Ventures, CSP DAO, and Cogitent Ventures.
Recently, TNA formed a partnership with the decentralized exchange (DEX) on Bitlayer, Macaron, and introduced new features aimed at enhancing engagement. These features include name coupons with subname minting, smart name generation, and bulk checkout to streamline gas costs.
Keep track of cryptocurrency distributions in our Airdrops Calendar.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
