Binance's newly introduced #HODLERS airdrop is designed to benefit $BNB holders.
Users who utilize BNB to subscribe to fixed-term and/or flexible products on the Earn platform will receive airdropped tokens from projects with high circulating supply and planning to list on the platform.
Essentially, this rewards users who have held BNB for a significant period. The HODLer airdrop distributes tokens retrospectively based on past holdings of BNB, rather than future holdings.
1️⃣ **Differences between HODLer Airdrop, Launchpool, and Megadrop:**
HODLer Airdrop operates on a retrospective basis, rewarding past holders, while Launchpool operates on a buy-in basis, rewarding future participation. This initiative specifically rewards long-term BNB holders.
Before this announcement, users must have held BNB during a specified period for a snapshot to qualify for the airdrop. In contrast, Launchpool and Megadrop have announced periods where users can buy BNB.
2️⃣ **How to benefit from the HODLer Airdrop:**
1. Go to the "Finance" page and search for BNB.
2. Use BNB holdings to subscribe to fixed-term and/or flexible products on the Earn platform.
Binance will announce separately when the HODLer new token airdrop will start; if the snapshot is retrospective, users will receive this part of the airdrop if they hold BNB at the time of the announcement.
Binance will take multiple snapshots of users' BNB holdings randomly every hour to calculate the average BNB holdings per hour in Earn products (fixed-term and/or flexible).
After the publication of this announcement, Binance will calculate user rewards based on historical snapshots of their BNB holdings.
For example, the calculation for the HODLer airdrop reward on June 11, 2024, may use snapshots of users' BNB holdings from June 1, 2024, to June 7, 2024, as a reference.
Users meeting the criteria will receive the HODLer airdrop reward in their spot wallet within 24 hours of the announcement.
