Binance announces the launch of two exclusive Codatta events on the Binance Wallet.
Pre-TGE Event: Eligible users can subscribe to the Codatta governance token XNY before it goes live for trading. The event uses an oversubscription model, with a subscription limit of 3 BNB per user. Token distribution will be allocated proportionally based on the total amount of BNB subscribed by all participants. After the subscription ends, users can claim their XNY tokens, and any unused BNB will be automatically refunded. The subscribed tokens will be locked and cannot be traded.
Booster Event: A 12-week challenge where users can support the early development of the project by completing weekly tasks, with a total of up to 0.5% of the total XNY token supply distributed each week, totaling 6% of tokens throughout the event. The event is open to Binance Wallet (non-custodial) users holding at least 61 Binance Alpha points.
Specific Information on XNY Pre-Sale Token (Pre-TGE) Subscription:
Total Fundraising Amount: $100,000 (priced in BNB)
Total Token Supply: 200,000,000 XNY tokens (2% of total supply)
Token Subscription: BNB
Token Price: Approximately 0.0005 USD per XNY (priced in BNB)
Subscription Limit for Each Binance Wallet User: 3 BNB
The specific start time for the Pre-TGE event and Alpha point requirements will be announced soon on Binance Wallet's official X account.
