Pudgy Penguins (PENGU) on Binance HODLer Airdrops

Binance is excited to announce the 4th and 5th projects on the HODLer Airdrops Portal - Pudgy Penguins (PENGU). Users who subscribed their BNB to Simple Earn products from 2024-12-09 00:00 (UTC) to 2024-12-12 23:59 (UTC) will get the airdrops distribution. The HODLer Airdrops information is estimated to be available in 12 hours, and the new token will be distributed to users’ Spot Wallet 1 hour before trading starts.

Pudgy Penguins (PENGU)

Token Name-PENGU

Token Type-SPL Token

Circulating  Supply When Listed on Binance-62,415,951,646 (70.22% of max token supply)

Total Supply-88,888,888,888

Maximum Supply-88,888,888,888

Binance HODLer Airdrop Allocation-2,666,666,666.64 (3% of max token supply)

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.