Binance Introduces HODLer Airdrops for BNB Holders
19 June 2024
Binance is excited to announce the launch of HODLer Airdrops, exclusively for BNB holders.
Users who subscribe to Simple Earn using BNB will receive airdropped tokens from projects with a significant circulating supply that are soon to be listed on Binance.
Binance is committed to nurturing a healthy and sustainable market, prioritising the users interests.
This initiative targets small to medium projects that demonstrate strong fundamentals, possess a large circulating supply, and maintain robust and organic communities.
How to Participate:
- Subscribe to Simple Earn: Head to [Earn] and search for BNB. Subscribe to either Flexible or Locked Simple Earn products with your BNB holdings.
- Stay Informed: Binance will announce upcoming HODLer Airdrops for new tokens in advance.
Snapshot and Reward Calculation:
- Binance will take snapshots of user balances and total pool balances multiple times each hour to calculate hourly average balances in Simple Earn products.
- Historical snapshots will be used to determine rewards, with reference periods being randomly chosen after this announcement. For example, for HODLer Airdrops on 2024-06-11, snapshots from 2024-06-01 to 2024-06-07 might be used.
Eligible users will receive HODLer Airdrops in their Spot Wallets within 24 hours after the airdrop announcement.
Important Notes:
- Account Verification: Users must complete KYC and be from eligible jurisdictions to participate.
- BNB Holding Limit: There is a maximum BNB holding limit per user, which will be specified in each HODLer Airdrops announcement. For example, if a user holds 203 BNB and the limit is 200 BNB, only 200 BNB will be used for reward calculation.
- Token Transfer: The airdropped tokens will be automatically transferred to users Spot Wallets before the token lists on Binance Spot.
- Concurrent Airdrops: If multiple HODLer Airdrops run simultaneously, users BNB in Simple Earn products will be allocated across these projects unless specified otherwise.
- Exclusions: BNB assets collateralized against Binance Loans (Flexible Rate) do not qualify for HODLer Airdrops rewards.
- Standard Benefits: BNB in Simple Earn products continues to provide standard benefits, including Launchpool and Megadrop eligibility, as well as VIP perks.
Participation in HODLer Airdrops is subject to eligibility based on the users country or region of residence.
For the most accurate and up-to-date information, please refer to this original announcement.
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