Binance has announced the launch of HODLer Airdrops aimed exclusively at BNB holders. This new initiative allows users who subscribe to Simple Earn products using BNB to receive airdropped tokens from projects with a large token circulating supply that plan to list on Binance soon.
Key Features of HODLer Airdrops:
- Exclusive for BNB Holders: Only Binance users holding and subscribing BNB to Simple Earn products are eligible. - Token Projects: Participants will receive tokens from projects with strong fundamentals, robust communities, and considerable circulating supplies. - Commitment to Users: Binance prioritizes fostering a healthy market environment and engaging with promising small to medium-sized projects.
How to Benefit from HODLer Airdrops:
1. Visit Earn: - Head to the [Earn](https://binance.com/earn) section on Binance. - Search for BNB.
2. Subscribe to Simple Earn Products: - Choose between Flexible and Locked Simple Earn products. - Subscribe using your BNB holdings.
3. Await Announcements: - Binance will post an announcement about upcoming HODLer Airdrops. - Details about new token airdrops will be provided with each announcement.
Reward Calculation:
- Snapshot Process: - Snapshots of user BNB balances and total pool balances are taken multiple times each hour. - These snapshots will capture your hourly average balances in Simple Earn products. - Binance uses historical snapshots of user balances at random periods post-announcement to determine rewards. - Example: For HODLer Airdrops on June 11, 2024, snapshots might range from June 1 to June 7, 2024.
- Reward Distribution: - Eligible users receive HODLer Airdrops rewards in their Spot Wallets. - Rewards are distributed within 24 hours after the HODLer Airdrop announcement.
Example Process:
1. Announcement: Binance announces HODLer Airdrops will occur on June 11, 2024. 2. Historical Snapshots: Snapshots taken between June 1 to June 7, 2024, are used for reward calculations. 3. Eligibility Check: Users with BNB subscribed to Simple Earn products during the reference period are eligible. 4. Distribution: Eligible users receive their rewards in their Spot Wallets within 24 hours after the Airdrop announcement.
