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Introducing Banana Gun (BANANA) on Binance HODLer Airdrops! Subscribe your BNB to Simple Earn

Introducing Banana Gun (BANANA) on Binance HODLer Airdrops! Subscribe your BNB to Simple Earn

2024-07-18 16:46

Note: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure the safety of your funds.

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance is excited to announce the 1st project on Binance Airdrops Portal - Banana Gun (BANANA), the ecosystem token of Banana Gun bot, offering trading tools for on-chain tokens. Eligible users who subscribed their BNB to Simple Earn products from 2024-06-23 00:00 (UTC) to 2024-07-05 23:59 (UTC) will get the airdrop distribution. The BANANA HODLer Airdrops page is estimated to be available in five hours, and the new token will be distributed to users’ Spot Wallet 1 hour before trading starts.

Binance will then list BANANA at 2024-07-20 09:00 (UTC) and open trading with BANANA/BTC, BANANA/USDT, BANANA/BNB, BANANA/FDUSD and BANANA/TRY trading pairs. The seed tag will be applied to BANANA.

Please note: BANANA is a circulating token. The HODLer airdrop rewards will rapidly increase the circulation in the secondary market, which may cause huge fluctuations in the price compared to the current price after Binance opens. Please be cautious when trading!

BANANA HODLer Airdrops Details

  • Token Name: Banana Gun (BANANA)

  • Total Token Supply: 8,900,000 BANANA 

  • Max Token Supply: 10,000,000 BANANA 

  • HODLer Airdrops Token Rewards: 800,000 BANANA 

  • Current Circulating Supply: 2,420,000  (27% of total supply)

  • Circulating Supply upon Listing on Binance : 3,220,000 BANANA (36% of total token supply)

  • Smart Contract Details: Ethereum

  • Research Report: Banana Gun (BANANA) (will be available within 1 hour of publishing this announcement)

  • BNB holding hard cap: User’s average BNB holding/ total average BNB holding * 100% ≤ 4% (If the holding ratio is greater than 4%, the BNB holding ratio will be calculated as 4%)

Introducing Binance HODLer Airdrops

Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn, users are automatically eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards).

Unlike other earning methods that require ongoing actions, HODLer Airdrops reward users retroactively, offering a simple way to earn additional tokens. By subscribing BNB to Simple Earn products, users can automatically qualify for token rewards.

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.

  • 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. 

Project Links

Terms & Conditions

  • Users must complete account verification (KYC) and also be from an eligible jurisdiction to participate in HODLer Airdrops.

  • The airdrop token will be automatically transferred to each user’s Spot Wallet before it 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, Megadrop, and HODLer Airdrops eligibility and VIP benefits.

  • Participation in HODLer Airdrops is subject to eligibility based on the user's country or region of residence. 

  • Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.

  • For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.

  • 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.

  • Users need to be from an eligible jurisdiction to participate in BANANA HODLer Airdrops. Currently, users residing in the following countries or regions will not be able to participate by subscribing to BNB Simple Earn Products: 

    • Australia, Canada, Cuba, Crimea Region, Cyprus, Donetsk, Hong Kong, Iran, Japan, Kazakhstan, Luhansk, New Zealand, Netherlands, North Korea, Russia, Syria, United Kingdom, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.

    • Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.  

Thank you for your support!

Binance Team

2024-07-19

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here

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