Binance Launches HODLer Airdrops Program to Reward BNB Token Holders With Early Access to New Tokens

To be eligible for the program, users must first subscribe to the exchange company's Simple Earn program and be from authorised jurisdictions.

Binance has launched a new program called HODLer Airdrops, which will give early access to tokens with a large circulating supply before they launch on its platform to users who hold BNB tokens.

To be eligible for the program, users must subscribe to the exchange's Simple Earn program and be from authorized jurisdictions. Binance will announce HODLer Airdrops of new tokens before they begin.

Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances in Simple Earn products (Flexible and/or Locked). Binance will use historical snapshots of user balances at random periods after this announcement to calculate user rewards.

The HODLer Airdrops will be deposited in the BNB holders’ Spot Wallets within 24 hours after the airdrop is announced, and a hard BNB holding calculation limit per user will be announced in each HODLer Airdrops announcement.

For example, if a user holds 203 BNB, and the holding calculation limit is 200 BNB. Binance will only use 200 BNB to calculate their total rewards.

By the time the token lists on the Binance Spot, airdropped tokens will have already been deposited in the users’ Spot Wallets.

BNB Simple Earn assets collateralizing against Binance Loans (Flexible Rate) are not entitled to HODLer Airdrops rewards.

News source：https://www.kdj.com/cryptocurrencies-news/articles/binance-launches-hodler-airdrops-program-reward-bnb-token-holders-access-tokens.html

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