In essence, if you have token $BNB which you save in simple earn or staking lock then you will get a new token for free without having to pay a fee. For more details, you can read the announcement below
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Binance Announcement
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Binance Launches HODLer Airdrops to BNB Holders!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is launching HODLer Airdrops exclusively for BNB holders. Users who subscribe to Simple Earn using BNB will receive airdropped tokens issued by projects with a large token circulating supply that intend to soon list on Binance.
Binance is committed to fostering a healthy and sustainable market environment while always prioritizing our users’ interest, and we are taking the lead to engage small to medium projects with strong fundamentals, a large circulating supply, and strong and organic communities.
Related readings:
Calling for Projects ApplicationLow Float & High FDV: How Did We Get Here?
How to Benefit from HODLer Airdrops
Head to [Earn] and search for BNB. Subscribe to Simple Earn products (Flexible and/or Locked) with your BNB holdings.Binance will post an announcement before a HODLer Airdrops of new token begins.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. For example, reward calculation for HODLer Airdrops on 2024-06-11 may use snapshots of user balances between 2024-06-01 to 2024-06-07 as reference.Eligible users will receive HODLer Airdrops rewards in their Spot Wallets within 24 hours after the HODLer Airdrops is announced.
Please Note
Users must complete account verification (KYC) and also be from an eligible jurisdiction to participate in HODLer Airdrops.There is a hard BNB holding calculation limit per user. The limit will be announced in each HODLer Airdrops announcement. For example, a user holds 203 BNB, and the holding calculation limit is 200 BNB. Binance will only use 200 BNB to calculate their total rewards.The airdrop token will be automatically transferred to each user’s Spot Wallet before the token lists on Binance Spot.If there is more than one HODLer Airdrops projects running concurrently, users' BNB assets in BNB Simple Earn Products (both Flexible and Locked) will be allocated into those projects unless otherwise specified.BNB Simple Earn assets collateralizing against Binance Loans (Flexible Rate) are not entitled to HODLer Airdrops rewards.BNB subscribed to Simple Earn products will still provide users with the standard benefits for holding BNB, such as Launchpool and Megadrop eligibility and VIP benefits.
Participation in HODLer Airdrops is subject to eligibility based on the user's country or region of residence. There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-06-19
Note: This announcement was last updated on 2024-06-19 to clarify sub-accounts’ eligibility in HODLer Airdrops.
Fellow Binancians,
Binance is launching HODLer Airdrops exclusively for BNB holders. Users who subscribe to Simple Earn using BNB will receive airdropped tokens issued by projects with a large token circulating supply that intend to soon list on Binance.
Binance is committed to fostering a healthy and sustainable market environment while always prioritizing our users’ interest, and we are taking the lead to engage small to medium projects with strong fundamentals, a large circulating supply, and strong and organic communities.
Related readings:
Calling for Projects ApplicationLow Float & High FDV: How Did We Get Here?
How to Benefit from HODLer Airdrops
Head to [Earn] and search for BNB. Subscribe to Simple Earn products (Flexible and/or Locked) with your BNB holdings.Binance will post an announcement before a HODLer Airdrops of new token begins.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. For example, reward calculation for HODLer Airdrops on 2024-06-11 may use snapshots of user balances between 2024-06-01 to 2024-06-07 as reference.Eligible users will receive HODLer Airdrops rewards in their Spot Wallets within 24 hours after the HODLer Airdrops is announced.
Please Note
Users must complete account verification (KYC) and also be from an eligible jurisdiction to participate in HODLer Airdrops.There is a hard BNB holding calculation limit per user. The limit will be announced in each HODLer Airdrops announcement. For example, a user holds 203 BNB, and the holding calculation limit is 200 BNB. Binance will only use 200 BNB to calculate their total rewards.The airdrop token will be automatically transferred to each user’s Spot Wallet before the token lists on Binance Spot.If there is more than one HODLer Airdrops projects running concurrently, users' BNB assets in BNB Simple Earn Products (both Flexible and Locked) will be allocated into those projects unless otherwise specified.BNB Simple Earn assets collateralizing against Binance Loans (Flexible Rate) are not entitled to HODLer Airdrops rewards.BNB subscribed to Simple Earn products will still provide users with the standard benefits for holding BNB, such as Launchpool and Megadrop eligibility and VIP benefits.
Participation in HODLer Airdrops is subject to eligibility based on the user's country or region of residence. There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-06-19
Note: This announcement was last updated on 2024-06-19 to clarify sub-accounts’ eligibility in HODLer Airdrops.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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