Note: Please do your own research before trading the above token outside of Binance to avoid scams and keep your funds safe.
This is a general announcement. The products and services mentioned here may not be available in your area.
Dear members of the Binance community!
Binance is pleased to announce the first project on the Binance Airdrop Portal: Banana Gun (BANANA), the token of the Banana Gun bot ecosystem, offering on-chain token trading tools. Eligible users who subscribed their BNB to Simple Earn products from 06/23/2024 03:00 (Kyiv time) to 07/06/2024 02:59 (Kyiv time) will participate in the airdrop. The BANANA airdrop page for holders should be available in five hours, and the new token will be distributed to users' spot wallets 1 hour before trading begins.
Binance will then list BANANA on 07/20/2024 at 12:00 (Kyiv time) and open trading in BANANA/BTC, BANANA/USDT, BANANA/BNB, BANANA/FDUSD and BANANA/TRY pairs. The Seed tag will be applied to BANANA.
Please note: BANANA is a circulating token. Airdrop rewards to holders will quickly increase circulation in the secondary market, which may cause significant price fluctuations compared to the current price after opening trading on Binance. Be careful when trading!
BANANA airdrop details for holders
Token Name: Banana Gun (BANANA)
Total token supply: 8,900,000 BANANA
Maximum token supply: 10,000,000 BANANA
Airdrop rewards to token holders: 800,000 BANANA
Current Circulating Supply: 2,420,000 (27% of total supply)
Binance Listing Circulating Supply: 3,220,000 BANANA (36% of total token supply)
Smart contract details: Ethereum
Binance Research Report: Banana Gun (BANANA (will be available within 1 hour of this announcement)
Max BNB balance amount: user average BNB balance / total average BNB balance * 100% ≤ 4% (if BNB balance is more than 4%, 4% BNB balance factor will be adopted)
Introducing airdrops for Binance holders
Binance Holder Airdrops is a program that rewards BNB holders with tokens distributed in airdrops based on historical snapshots of their BNB balances. By signing their BNB to the Simple Earn platform, users automatically qualify for holder airdrops (as well as Launchpool and Megadrop rewards).
Unlike other earning methods that require constant action, the airdrop program for holders rewards users retroactively, offering an easy way to earn additional tokens. By subscribing their BNB to Simple Earn products, users can automatically claim token rewards.
How to use airdrops for holders
Go to the [Earn] menu and find BNB.
Subscribe to Simple Earn products (perpetual and/or fixed) using your BNB.
Snapshots of user balances and total pool balances will be taken multiple times at any point in time every hour to obtain an hourly average user balance in Simple Earn products (perpetual and/or fixed). Binance will use historical snapshots of user balances at random periods after this announcement to calculate user rewards.
For example, snapshots of user balances from 06/01/2024 to 06/07/2024 can be used to calculate the airdrop reward for holders on 06/11/2024.
Eligible users will receive Airdrop rewards for holders to their spot wallets within 24 hours of the airdrop announcement.
Link to the project
Banana Gun Website
X
Telegram
Terms and conditions
Users must pass account verification (KYC) and be from the appropriate jurisdiction to participate in airdrops for holders.
Tokens from the airdrop will be automatically transferred to each user's spot wallet before those tokens appear on the Binance spot market.
If more than one airdrop project for holders is running at the same time, users' BNB assets in BNB Simple Earn products (both perpetual and fixed) will be allocated to these projects, unless otherwise specified.
BNB assets on the Simple Earn platform as collateral for Binance Loans (with a flexible rate) do not entitle holders to airdrop rewards.
BNB in Simple Earn product subscriptions will continue to provide users with standard BNB holding benefits, such as eligibility for Launchpool, Megadrop and holder airdrops, as well as VIP benefits.
Participation in Airdrop for holders depends on the user's country or region of residence.
Binance reserves the right to disqualify participants who tamper with Binance code or interfere with Binance code with other software.
For users with active spot copy trading portfolios, pairs can be added by enabling them via [Pairs Personal Preferences] in the spot copy trading settings.
There may be discrepancies in the English translation of this original article. Please refer to the original English version for the latest or most accurate information in case of inconsistencies.
To participate in the BANANA airdrop for holders, the user must be from the relevant jurisdiction. Currently, users residing in the following countries or regions will not be able to participate by subscribing to Simple Earn products using their BNB:
Australia, Great Britain, Hong Kong, Donetsk, Iran, Kazakhstan, Canada, Cyprus, DPRK, Crimea, Cuba, Luhansk, Netherlands, New Zealand, Syria, USA and their territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, Russia, US Virgin Islands), Japan, as well as any territories of Ukraine not controlled by the government.
Please note that the list of excluded countries provided here is not exhaustive and may change due to changes in local rules, regulations or other considerations. This list may be periodically updated to reflect changes in laws, regulations or other factors.
Thank you for your support!
Binance Team
19.07.2024