Binance has clarified the reward distribution mechanism related to 4Stock for holders through Binance Wallet and Binance Alpha 2.0. Rewards will be paid in the form of BNC4 or BNCB, depending on the holding channel.

For users of Binance Wallet, Four Meme will automatically distribute BNC4 to the Binance on-chain wallet address according to the platform’s distribution rules.

For users holding through Binance Alpha 2.0, rewards from Four Meme will be aggregated and transferred to the Binance Alpha contract address. The token balance will be determined by daily random snapshots, and rewards will be distributed monthly to the eligible users’ spot accounts at the beginning of the next month.

To be considered an eligible holder for one day, the user’s 4Stock balance must be greater than 10,000 tokens. The monthly rewards are allocated according to each user’s share of the total eligible balances among all eligible users. The 4Stock rewards are paid in BNCB, where 1 BNCB is converted to an equivalent of 1 BNC4 for calculation purposes.

The reward eligibility conditions also depend on product limitations and the legal jurisdiction, including whether users can access bStocks on Binance. Four Meme sets the distribution via token contracts, while Binance supports the distribution to eligible holders on the platform.

Source: https://tintucbitcoin.com/binance-cong-bo-lich-phan-phoi-phan-thuong-nam-giu-4stock/

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