Home web3.0 New benefits for BNB holders! Binance launches new HODLer airdrop program

New benefits for BNB holders! Binance launches new HODLer airdrop program

Jun 20, 2024 am 06:30 AM
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New benefits for BNB holders! Binance launches new HODLer airdrop program

This site (120btC.coM): Binance announced a new HODLer airdrop program for BNB holders. Users who hold BNB and subscribe for regular or current products on the Binance Earn platform will have the opportunity to receive airdrop rewards for high-circulation tokens that will be listed on the Binance platform soon. Binance hopes to demonstrate its commitment to creating a healthy and sustainable market environment for users.

Binance’s Commitment

Binance stated that it will continue to participate in small and medium-sized projects with strong fundamentals, large circulating supply, and organic community support to create a healthier market environment. These measures not only help to enhance the market vitality of the Binance platform, but also provide more potential income opportunities for BNB holders.

How to participate in the HODLer airdrop

Step 1: Go to the financial management page

Users need to go to the [Financial Management] page of the Binance platform to search for and hold BNB.

Step 2: Subscription for coin-earning products

Users need to use BNB positions to subscribe for regular and/or current products on the Binance coin-earning platform. Binance will announce specific details separately before the HODLer airdrop begins.

Step 3: Snapshot and Calculation

Binance will randomly take multiple snapshots of the user’s BNB holdings every hour to calculate the user’s average hourly BNB holdings in the coin-earning products. . Rewards will be distributed based on these snapshot data. For example, HODLer airdrop rewards on June 11, 2024 may refer to snapshot data between June 1 and 7, 2024.

Eligible Users

  • Identity Verification and Jurisdiction

## Users participating in the HODLer airdrop must complete identity verification ( KYC) and from eligible jurisdictions. Each user's BNB holdings calculation has an upper limit, and these limits will be announced in each airdrop announcement. For example, if a user holds 203BNB, but the calculation limit is 200BNB, Binance will only use 200BNB to calculate its total reward.

  • Sub-account participation

Sub-accounts are also eligible to participate in the HODLer airdrop. Binance will take snapshots of the main account and sub-account respectively, and reward them respectively according to their respective BNB holdings.

Acquisition and use of airdrop tokens

  • Automatic transfer to spot wallet

Airdrop tokens will be listed on Binance spot It will be automatically transferred to the spot wallet of eligible users before the transfer. If multiple HODLer airdrop projects are conducted at the same time, the user's BNB assets in the coin-earning products will be allocated to these projects in proportion.

  • Restrictions

The BNB income pool assets used as collateral for Binance Lending (current interest rate) will not be able to receive HODLer airdrop rewards. In addition, BNB assets that subscribe for currency-earning products can still enjoy common benefits, such as qualifications to participate in Launchpool and Megadrop, and VIP level benefits.


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