Key Points
- Binance is launching HODLer Airdrops for BNB holders.
- Users who subscribe to Simple Earn utilizing BNB will get airdropped tokens by initiatives quickly listed on Binance.
In an official announcement, Binance revealed that it’s launching HODLer Airdrops solely for BNB holders.
According to the change, customers who subscribe to Simple Earn utilizing BNB will obtain airdropped tokens issued by initiatives which have a big circulating provide and intend to get listed on Binance quickly.
Binance notes that it’s dedicated to fostering a wholesome and sustainable market atmosphere for customers, whereas, on the identical time, prioritizing, their curiosity.
As a consequence, the change takes the lead in participating small to medium initiatives with the next options:
- sturdy fundamentals
- massive circulating provide
- sturdy and natural communities
How to learn from Binance HODLer Airdrops
In the official announcement, Binance revealed the steps that customers must take with the intention to profit from the HODLer Airdrops.
- Head to [Earn] and seek for BNB.
- Subscribe to Simple Earn merchandise (Flexible and/or Locked) with BNB holding.
Binance will submit an announcement earlier than a HODLer Airdrops of a brand new token begins.
Also, snapshots of person balances and complete pool balances will likely be taken a number of occasions at any cut-off date on an hourly foundation, with the intention to get customers’ common balances in Simple Earn merchandise (Flexible and/or Locked.)
Binance will use historic snapshots of person balances at random intervals after this announcement, with the intention to calculate person rewards.
As a calculation instance, reward calculation for HODLer Airdrops on June 11, 2024, might use snapshots of person balances between June 1 to June 7 as reference.
The change noted that eligible customers will obtain HODLer Airdrops rewards of their Spot Wallets inside 24 hours after the HODLer Airdrops is introduced.
Important extra notes
Users should full account verification (KYC) and be from an eligible jurisdiction to take part within the HODLer Airdrops.
There is a laborious BNB holding calculation restrict per person, which will likely be introduced in every HODLer Airdrops announcement.
For occasion, if a person holds 203 BNB tokens and the holding calculation restrict is 200 BNB, the change will solely use 200 BNB to calculate their complete rewards.
Sub-accounts are eligible to take part in HODLer Airdrops, and snapshots will likely be taken individually from a person’s grasp account and sub-accounts. Qualified sub-accounts can get rewards individually primarily based on their BNB balances.
The airdrop token will likely be mechanically transferred to the customers’ Spot Wallet earlier than the token will get listed on Binance Spot.
In case there are multiple HODLer Airdrops initiatives working on the identical time, customers’ BNB belongings in BNB Simple Earn Products (each Flexible and Locked) will likely be allotted into the initiatives except it’s specified otherwise.
BNB Simple Earn belongings collateralizing towards Binance Loans (Flexible Rate) are usually not entitled to HODLer Airdrops rewards.
BNB subscribed to Simple Earn merchandise will nonetheless supply customers the usual advantages for holding BNB, resembling Launchpool and Megadrop eligibility, together with VIP advantages.
Binance Recently, throughout an AMA session, Binance’s co-founder Yi He addressed necessary issues concerning the itemizing and delisting of cash, new initiatives on Binance Launchpool and Megadrop, privateness issues, AI, and extra.
