TLDR
- Binance has launched HODLer Airdrops, a new rewards program for BNB holders who subscribe to Simple Earn products (Flexible and/or Locked).
- Eligible users will receive airdropped tokens from small to medium-sized projects with strong fundamentals and large circulating supplies that intend to list on Binance soon.
- To participate, users must complete KYC verification and reside in an eligible jurisdiction. Rewards will be calculated based on random historical snapshots of users’ BNB balances in Simple Earn products.
- The airdropped tokens will be automatically transferred to users’ Spot Wallets within 24 hours of the HODLer Airdrop announcement, before the token lists on Binance Spot.
- The HODLer Airdrops program aims to foster a healthy and sustainable market environment while prioritizing users’ interests and supporting emerging crypto projects.
Binance has introduced a new initiative called HODLer Airdrops, designed to reward BNB token holders and support emerging crypto projects.
The program will distribute tokens from small to medium-sized ventures to eligible users before they are listed on the Binance exchange, providing early access to new opportunities.
To participate in the HODLer Airdrops, users must hold BNB and subscribe to Binance’s Simple Earn products, either Flexible or Locked.
Eligibility for the airdrops will be determined by random historical snapshots of users’ BNB balances in these products. Binance will announce upcoming HODLer Airdrops in advance, giving users time to prepare for potential rewards.
Once an airdrop is announced, eligible users will receive the tokens in their Spot Wallets within 24 hours, before the token is listed on Binance Spot.
The tokens distributed through this program will come from projects with strong fundamentals, large circulating supplies, and organic communities that are set to be listed on Binance.
To ensure compliance and fairness, users must complete KYC (Know Your Customer) verification and reside in an eligible jurisdiction to participate in the HODLer Airdrops. Binance has set a hard limit on the amount of BNB holdings that will be considered for each airdrop, which will be announced in advance.
Participating in the HODLer Airdrops does not affect users’ standard benefits for holding BNB, such as eligibility for Binance’s Launchpool and Megadrop events.
The program aims to provide additional rewards and benefits on top of existing perks, ensuring a steady stream of passive income for BNB holders.
By engaging with small to medium-sized projects and distributing their tokens to BNB holders, Binance aims to support the development of the blockchain ecosystem and provide users with early access to promising new ventures.