They can then subscribe using their BNB holdings to either Flexible or Locked products. Binance will announce upcoming HODLer Airdrops beforehand, notifying users to prepare for potential rewards.
During each HODLer Airdrop, snapshots of user balances and total pool balances will be taken multiple times every hour. This process calculates the hourly average balances held in Simple Earn products (Flexible and/or Locked) for eligible users. Binance will use historical snapshots taken randomly after the announcement to determine user rewards.
Binance’s commitment aims to engage small to medium projects with strong fundamentals and large, organic communities. By supporting these projects early on, Binance prioritizes user interests and aims to enhance overall market participation and engagement.