Binance Launches HODLer Airdrop Program: A New Benefit for BNB Holders

Binance announced a new HODLer airdrop plan for BNB holders. Users holding BNB and subscribing to Binance Earn platform's fixed or flexible products will have the chance to receive airdrop rewards of a high liquidity token soon to be listed on the Binance platform. Binance aims to demonstrate its commitment to creating a healthy and sustainable market environment for its users.

Binance's Commitment

Binance has stated that it will continue to engage in small and medium-sized projects with strong fundamentals, large circulating supply, and organic community support to create a healthier market environment. These initiatives not only help enhance market vitality on the Binance platform but also provide more potential profit opportunities for BNB holders.

How to Participate in the HODLer Airdrop

Step 1: Visit the Finance Page

Users need to visit the "Finance" page on the Binance platform and search for and hold BNB.

Step 2: Purchase Earn Assets

Users need to use their BNB holdings to purchase Binance's fixed-term and/or flexible-term earning products. Binance will announce specific details before the start of the HODLer airdrop.

Step 3: Snapshots and Calculations

Binance will randomly take snapshots of users' BNB holdings hourly to calculate the average BNB holding in the earning products per hour. Rewards will be distributed based on these snapshot data. For example, the HODLer airdrop rewards on June 11, 2024, may reference snapshot data from June 1 to June 7, 2024.

Eligible Users

Identity Verification and Jurisdictions

Users participating in the HODLer airdrop must complete KYC identity verification and be from eligible jurisdictions. There is an upper limit on each user's BNB holding calculation, and these limits will be announced in each airdrop announcement. For example, if a user holds 203 BNB but the calculation limit is 200 BNB, Binance will only calculate their total reward based on 200 BNB.

Sub-Account Participation

Sub-accounts are also eligible to participate in the HODLer airdrop. Binance will take snapshots of both the master account and sub-accounts and reward them based on their respective BNB holdings.

Airdropped Token Acquisition and Usage

Automatic Transfer to Spot Wallet

Airdropped tokens will be automatically transferred to eligible users' spot wallets before being listed on Binance. If multiple HODLer airdrop projects are conducted simultaneously, users' BNB assets in the earning products will be proportionally distributed among these projects.

Restrictions

BNB assets used as collateral in the Binance Lending current interest rate pool will not be eligible for HODLer airdrop rewards. Additionally, BNB assets in the purchase-to-earn products can still enjoy common benefits such as eligibility for Launchpool and Megadrop, VIP level benefits, etc.