It's been 2 years since $BANANA went live, and a lot has happened since.
We started with a simple promise to give early users a fair start. Qualifying pre-TGE users receiving an unlocked airdrop as a token of appreciation.
From there things moved fast... 🍌
$BANANA got listed on major CEXes like @binance, @okx, and @kucoincom, and over $30M worth of $ETH and $SOL has been distributed to holders to date.
Fast forward to today; let's talk about the exciting future of Banana and what we have in store.
Multichain Pools: Banana Goes Multichain 🍌
Our strategy has always been simple: be where the volume is.
We are actively reviewing which chains make the most sense and will begin seeding liquidity there to make $BANANA easily accessible for everyone.
Being multichain also opens new possibilities for Banana Bonus, and we are excited to explore them.
Liquidity: Liquidity That Actually Matters 🍌
While volumes on CEXes remain strong, the old V2 pool on DEX sits mostly untouched.
That's why we're transitioning from V2 to a V3 pool, enabling more dynamic, efficient market making.
The total supply of $BANANA or $ETH in circulation will not change. It just makes the liquidity work smarter.
Team Tokens 🔥
As mentioned in our previous update, half of the team's allocation (5% of total supply) has now completed its 2-year cliff and entered a 36-month linear unlock schedule. That means allocations won't unlock all at once, but gradually. After internal discussions, every eligible team member agreed to burn ALL unlocked tokens on December 31st, 2025. That's what we call a proper New Year's Eve bonfire.
Market & Treasury 🍌
We would be remiss not to address the obvious: the market just went through a heavy correction.
The good news is that we are fine.
We weren't leveraged, and a large portion of our treasury is held in stablecoins.
Banana is built to endure cycles, not chase them. We keep rocking, shipping, and building stronger than ever, and ever, and ever 🍌
Tokenomics 🍌
Over the course of Banana, we have heard a lot of opinions and valuable feedback from community members. Some users have suggested that we adopt a staking model, while some want a buyback and burn, and others say to keep things as they are.
We hear you.
We are actively reviewing all options to ensure the next phase of $BANANA aligns with long-term holders and future growth.
As our ecosystem expands, $BANANA will remain at the center, constantly powering what we build next.