You're asking about Binance HODLer Airdrops, a program designed by Binance to reward users who are holding (or "HODLing") their BNB tokens. It's a way for Binance to give back to its loyal BNB holders and also to support new projects by distributing their tokens.
What is Binance HODLer Airdrops?
Binance HODLer Airdrops is a program where users who subscribe their BNB (Binance Coin) to specific Binance Earn products automatically become eligible to receive free airdropped tokens from new or existing projects.
The term "HODLer" comes from a misspelling of "holder" and refers to someone who holds onto their cryptocurrency for the long term, rather than frequently trading it. This program rewards that long-term holding behavior.
How it Works
* Hold BNB: You need to have BNB in your Binance account.
* Subscribe to Earn Products: To qualify, you must subscribe your BNB to one of Binance's Earn products, specifically:
* Simple Earn (Flexible and/or Locked Products): These are common ways to earn passive income on your crypto. Flexible products allow you to redeem your BNB at any time, while Locked products require you to commit your BNB for a fixed period (usually offering higher returns).
* On-Chain Yields: Another earning option offered by Binance.
* Automatic Qualification: Once your BNB is subscribed to these products, you're automatically eligible for HODLer Airdrops, as well as other benefits like Launchpool and Megadrop rewards. There's no need to manually register for each airdrop.
* Snapshots: Binance takes historical snapshots of your BNB balances multiple times every hour. These snapshots are used to calculate your hourly average BNB holdings in the eligible Earn products.
* Airdrop Distribution: When an airdrop is announced, Binance uses these historical snapshots (taken randomly after the announcement) to determine your share of the new tokens. The rewards are usually distributed directly to your Spot Account within 24 hours of the official airdrop announcement.
Key Benefits for HODLers
* Passive Income: You earn additional tokens simply by holding BNB in eligible Earn products, without needing to actively trade or manage complex strategies.
* Retroactive Rewards: Unlike some earning methods that require ongoing actions, HODLer Airdrops often reward users retroactively based on their past BNB holdings.
* Exposure to New Projects: You get early access to tokens from projects with large circulating supplies that are soon to be listed on Binance.
* Multiple Benefits: Subscribing BNB to Simple Earn products also makes you eligible for other Binance initiatives like Launchpool and Megadrop, maximizing your potential returns.
Recent Examples
Binance regularly announces new HODLer Airdrop projects. For instance, recent announcements include airdrops for projects like Defi App (HOME), Resolv (RESOLV), and Sophon (SOPH), where BNB holders received a share of these tokens.
Essentially, Binance HODLer Airdrops is a win-win: it incentivizes users to hold BNB, which strengthens the Binance ecosystem, while also providing BNB holders with a straightforward way to earn new tokens as a bonus.$BNB