To celebrate the successful completion of Elrond (ERD) token sale on Binance Launchpad, Binance will be committing 2,000 BNB to Elrond’s DEX trading promotion announced here, which means there is now a grand total of 77,000,000 ERD and 2,000 BNB tokens to be airdropped! The rules for the trading airdrop are listed below.
2019/07/04 8:00 AM (UTC) to 2019/07/09 0:00 AM (UTC).
All Binance Chain addresses that reach a trading volume of at least 600,000 ERD (including buys & sells) on Binance DEX during each full day, while also holding a minimum of 100,000 ERD and 10 BNB in their address (snapshots will be taken at a random time each day), will equally share a pool of 15,400,000 ERD and 400 BNB tokens. The recorded trading volume on each address will reset daily at 0:00 AM (UTC).
Over the course of the 5-day promotion, a total of 77,000,000 ERD tokens and 2,000 BNB tokens will be airdropped. ERD and BNB tokens rewards for each day will be airdropped to qualifying addresses at approximately 06:00 AM (UTC) the following day. This activity will be held each day for 5 consecutive days.
- ERD and BNB balances for each day will be recorded at a random time each day
- Each full day refers to 0:00 AM to 0:00 AM (UTC) of the next day, a full 24 hours.
Activity terms & conditions
- Binance reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion.
- Trading volume refers to total buys and sells (excluding wash trades).
- Binance reserves the right to disqualify addresses which are deemed to be engaging in wash trading or display attributes of market manipulation.
- Rewards will be automatically airdropped to eligible addresses at approximately 06:00 AM (UTC) each following day.
To learn more about the Elrond (ERD) project, read our in-depth Binance Research Report here.
Elrond Project Links:
Whitepaper: Elrond Protocol
Please ensure that you are familiar with Binance Chain and Binance DEX before participating in the activity. Step-by-step user guides are listed below.
- Binance DEX: Creating a Wallet
- Accessing Your Wallet
- Interface Guide
- Binance Chain Explorer Guide
- How to trade on DEX
All investments are subject to high market risk. Please make your investments very cautiously. Binance will choose high-quality projects, but will not be responsible for any investment losses.