Binance HODLer Airdrop: Earn INIT Protocol Tokens by Subscribing BNB to Simple Earn

Published ·3 min read·Binance

Binance is distributing INIT Protocol tokens to BNB HODLers through its HODLer Airdrop program. Users who subscribed BNB to Flexible or Locked Simple Earn products during the snapshot period are eligible to receive INIT tokens automatically.

Binance is distributing INIT Protocol (INIT) tokens through its HODLer Airdrop program to users who had BNB subscribed to Simple Earn, either Flexible or Locked, during the snapshot period.

How the airdrop works

Binance takes snapshots of users' BNB balances in Simple Earn over a set period and allocates INIT in proportion to each user's average subscribed BNB. The tokens are credited to Spot Wallets automatically, with no action required.

Unlike Launchpool, where users stake during a live farming period, HODLer Airdrops are based on a past snapshot. BNB held idle in a Spot Wallet does not qualify, for this airdrop or future ones.

Listing

INIT will be listed on Binance Spot after the airdrop distribution is complete. Binance will announce the listing date through its official channels.

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