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Latest Binance News
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Binance Community Coin Vote Round 7 - STPT vs IRIS
Binance
2020-03-17 11:56

Fellow Binancians,

For the seventh round of the new format Community Coin Vote, we have selected STP Network (STPT) and Iris Network (IRIS) as the two candidates for the vote. 

The vote will start at 2020/03/24 4:00 AM (UTC) for 24 hours and will close at 2020/03/25 4:00 AM (UTC).

The number of votes each user receives will be determined by their 6-day average (hourly snapshots) BNB holdings from: 2020/03/18 0:00 AM (UTC) to 2020/03/24 0:00 AM (UTC).

Participant Rewards

  • If STP Networks (STPT) wins the vote and is listed on Binance.com, all participants that voted for STPT will split a total reward pool of 13,000,000 STPT, based on the number of votes from each participant. 
  • If Iris Network (IRIS) wins the vote and is listed on Binance.com, all participants that voted for IRIS will split a total reward pool of 22,000,000 IRIS, based on the number of votes from each participant. 
  • Users that voted for the runner up will then split a pool of 4,500 BNB, based on the number of votes from each participant. 

Airdrop allocation per winning vote = (1 / Total number of votes received by the winner) X Winner Airdrop Pool.

Airdrop allocation per runner-up vote = (1 / Total number of votes received by the runner-up) X Runner-up Airdrop Pool. 

Terms & conditions:

  • We will endeavor to list the winning project’s token within a reasonable time frame after the vote, pending wallet and tech integration for the coin. 
  • Users will only be able to choose one project to contribute all their votes to. You cannot vote for both projects.
  • Rewards will be issued within 2 weeks after the vote ends.
  • Binance reserves all rights to change the rules of this event without notification, including revoking the results suspected of vote manipulation.

Thanks for your support!

Binance Team

2020/03/17

 

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