Dear user:

Based on recent community feedback, Binance found that some users used multiple accounts to test the snapshot logic, borrowed large amounts of BNB on other platforms, and performed high-frequency deposits and withdrawals of BNB assets. As a result, these users obtained a large number of BNB holding statistics in the Launchpad project. .

In order to ensure fairness for all users participating in Launchpad, Binance has decided to optimize the BNB position statistical logic of Launchpad products. The optimization has taken effect at 08:00 on March 18, 2023 (Eastern Eighth District time).

For users participating in the Space ID Launchpad, the BNB position statistics of this project will continue to be displayed as being calculated before 10:30 on March 22, 2023 (East Eighth District time). The specific daily position statistics will be released in 2023 It will be displayed on the Launchpad page at 10:30 on March 22 (East 8th District time).

Update details are as follows:

  • Before update: Snapshots are taken at random times every hour;

  • After update: Take multiple snapshots at random times.

Notice:

  • The update only applies to users participating in the Binance Launchpad;

  • Users’ VIP levels or referral rebate programs will not be affected by the new rules.

We are deeply sorry for the inconvenience this adjustment has caused you.

Reference Information:

Thank you for your support of Binance!

Binance Team

March 19, 2023
 

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Binance reserves the right to modify, change or cancel this announcement at any time and for any reason at its sole discretion without prior notice.

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