Binance has launched the 28th Chainbase (C) Token airdrop for BNB HODL users, alongside the opening of trading for the new Token on the official exchange.
The airdrop lasts for 4 days, with the sale of Chainbase Tokens supporting many trading pairs with a total supply of 1 billion Tokens, aimed at increasing liquidity and expanding the ecosystem on Binance Chain and BASE Chain.
MAIN CONTENT
The Chainbase (C) airdrop lasts from July 6 to July 10, for participants in BNB earning products.
Token C will be listed and traded on Binance from July 18 with many main trading pairs.
The total supply of Chainbase is 1 billion Tokens, allocated for airdrop, circulation listing, and marketing activities.
How has Binance implemented the Chainbase (C) airdrop?
The CEO of Binance said that the airdrop aims to encourage users to access new Tokens while effectively leveraging the BNB earning ecosystem.
The Chainbase (C) airdrop takes place from 8:00 on July 6 to 7:59 on July 10. Users participating in Binance's BNB earning products will receive allocated airdrop Tokens. Detailed information and Tokens will be updated within 5 hours after the airdrop ends and will be transferred to users' spot wallets at least 1 hour before the official trading opens.
Which pairs will Chainbase (C) Token be traded with and when?
Binance confirms the official opening of trading for Chainbase (C) Token at 22:00 on July 18, applying trading pairs USDT, USDC, BNB, FDUSD, and TRY.
The Token deposit channel will open 1 hour after listing, simultaneously applying seed tag rules to increase transparency. Previously, the Token could be traded on the Binance Alpha market, but after spot trading starts, the Token will no longer be displayed on Alpha Market and will not count towards Alpha accumulation points.
The listing of Chainbase demonstrates Binance's commitment to expanding support for innovative projects, with no listing fees to create a favorable environment for multi-chain blockchain development.
Changpeng Zhao, CEO of Binance, stated on July 18, 2024
What is the overview of the technical specifications and allocation of Chainbase (C) Token?
The total supply of Chainbase Token is 1 billion, of which 2% is reserved for the limited HODLer airdrop. 16% of the Token will be put into circulation on the exchange immediately after listing, while 10 million Tokens will be used for promotion, expected to start 3 months after listing.
Chainbase is compatible with both Binance Chain and BASE Chain, helping to increase scalability and multi-chain interoperability with no listing fees, creating a competitive advantage for the project in the cryptocurrency market.
Compare the allocation of Chainbase Tokens with other typical airdrops
Criteria for Chainbase (C) Airdrop Normal Total supply of 1 billion Tokens 300 million - 1 billion Tokens Airdrop rate 2% 5-10% Initial circulating rate 16% 15-20% Listing fee Free Usually charged or requires a project Support for Binance Chain, BASE Chain Wide or limited depending on the project
Frequently asked questions about the airdrop and listing of Chainbase (C) Token
1. Who is eligible to receive the Chainbase Token airdrop?
Users participating in BNB earning products on Binance during the period from July 6 to July 10 will be allocated airdrop Tokens.
2. When does Chainbase Token start trading on the Binance exchange?
Token C officially opens trading at 22:00 on July 18, 2024, with many stable trading pairs.
3. Does Chainbase Token have a listing fee?
Chainbase is listed for free on Binance, with no listing fees charged from the project.
4. Which chains does Token C support?
Chainbase supports both Binance Chain and BASE Chain in parallel, enhancing interoperability and scalability.
5. Which wallet will the airdrop Tokens be transferred to?
Tokens will automatically transfer to the user's spot wallet, at least 1 hour before the official trading opens.
Source: https://tintucbitcoin.com/binance-hodler-airdrop-ra-mat-chainbase/
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