[Binance launches HODLer airdrop for BNB holders]
Binance has launched an exclusive event called the “HODLer Airdrop”, designed specifically for BNB holders who subscribe to its Simple Earn earning plan. This program will reward users with tokens from projects that are about to be listed on Binance and have a large circulating supply.
According to Binance’s announcement, this event aims to attract small to medium-sized projects with strong foundations, large circulating supply, and organic communities. Binance will issue an announcement before the start of each HODLer airdrop detailing the specifics of token distribution. Binance takes snapshots of user balances and total pool balances multiple times per hour to calculate the hourly average balance for the Simple Earn product. User rewards will be based on historical balance snapshots taken over random time periods. For example, the airdrop rewards on June 11, 2024 may use snapshots from June 1 to June 7, 2024.
Qualified users will receive the airdrop rewards in their spot wallets within 24 hours of the airdrop announcement. Participants must complete account verification (KYC) and reside in an eligible jurisdiction. Each airdrop event has a hard calculated upper limit for each user's BNB holdings, which will be announced in each airdrop announcement. Sub-accounts are also eligible and snapshots will be taken from the master account.
Airdrop tokens will be transferred to users’ spot wallets before they are listed on Binance Spot. If multiple airdrops occur simultaneously, users’ BNB assets in Simple Earn products will be allocated to those projects, unless otherwise stated.
Binance notes that BNB staked in Binance Loans (flexible rates) will not be eligible for airdrop rewards. However, users who subscribe to the Simple Earn product will continue to enjoy standard BNB benefits, including eligibility for Launchpool and Megadrop.
