What is Binance’s newly launched HODLer airdrop?

Author: BITWU.ETH Source: X, @BTW0205

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

Announcement shows that Binance will launch a HODLer airdrop for BNB holders.Users who use BNB to subscribe to earning currency platform regular and/or current products 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 to BNB holders. The statistics time is not based on future holding logic, but on the backtracking logic.

The difference between HODLer airdrop and Launchpool and Megadrop

This is clear at a glance in the table below, the biggest difference here:

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

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

What does it mean?It is before this announcement is released that you have to have BNB and follow the previous time to trace the snapshot. You can only get the airdrop if you have BNB at that stage.

Launchpool and Megadrop are both publicly released prescribed time, which means that you can announce and buy it after you publish it.#BNB

One is held before the reward, and the other is held after the reward.A perfect closed loop has been created, making everyone holding BNB unwilling to sell!

How to benefit from HODLer airdrops:

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

2) Use BNB holdings to subscribe to earn money on regular and/or current products;

Binance will announce it separately before the start of the new HODLer token airdrop; during this announcement time, if you hold BNB in ​​the snapshot back-tracking time, you can get this part of the airdrop.

Binance will randomly take multiple snapshots of user’s BNB positions every hour to calculate the average BNB positions per hour in currency earning products (regular and/or current).Binance will calculate user rewards through a historical snapshot of user BNB holdings in a random time period after this announcement is issued.

For example: HODLer airdrop reward calculation on June 11, 2024 may use snapshots of user BNB positions from June 1, 2024 to June 7, 2024 as a reference;

Eligible users will receive the HODLer airdrop reward in their spot wallet within 24 hours of the announcement of the HODLer airdrop.

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