What is Binance’s new HODLer airdrop?

HODLer airdrop is a retrospective logic, while Launchpool is a buying logic: one is a reward for the past, the other is a reward for the future!

The announcement shows that Binance will launch HODLer airdrops for BNB holders. Users who use BNB to subscribe to regular and/or current products on the coin earning platform will receive airdrop tokens issued by projects with high token circulation supply and planned to be listed on the Binance platform.

This means that users who hold BNB for a long time will receive benefits, and the tokens of the HODLer project will be airdropped and distributed to BNB holders. The statistical time is not based on the future holding logic, but on the retrospective logic.

The difference between HODLer airdrop, Launchpool and Megadrop

This is clear from the table below. The biggest difference here is:

HODLer airdrop is a retrospective logic, while Launchpool is a buying logic: one is a reward for the past, the other is a reward for the future!

This time, the benefit is provided to users who hold BNB for a long time. The tokens of the HODLer project are airdropped and distributed to BNB holders. The statistical time is not based on the future holding logic, but on the retrospective logic.

What does this mean? You must have BNB before the announcement is released. According to a previous snapshot, you must have BNB at that stage to get the airdrop.

Both Launchpool and Megadrop have set public release dates, which means you can buy #BNB after the announcement.

One is to hold before the reward, and the other is to hold after the reward. It is a perfect closed loop, making everyone reluctant to sell BNB!

How to benefit from the HODLer airdrop:

1) Go to the [Wealth Management] page and search for BNB;

2) Use BNB holdings to purchase regular and/or demand products on the EarnCoin platform;

Binance will make a separate announcement before the start of the HODLer new token airdrop; during this announcement period, if you hold BNB when the snapshot is traced back to the time, you can get this part of the airdrop.

Binance will randomly take snapshots of users’ BNB holdings multiple times every hour to calculate the average hourly BNB holdings of users in earning products (regular and/or current). Binance will calculate user rewards by taking historical snapshots of users’ BNB holdings at random times after the release of this announcement.

For example, the calculation of HODLer airdrop rewards on June 11, 2024 may use the user's BNB holdings snapshot from June 1, 2024 to June 7, 2024 as a reference;

Eligible users will receive the HODLer Airdrop rewards in their spot wallets within 24 hours of the HODLer Airdrop announcement.