Binance Completes Band Protocol Lottery Draw and Will Open Trading For BAND

Fellow Binancians,

Binance has completed the Band Protocol lottery draw, with a 9.43% ratio of winning tickets. The results of the lottery draw and airdrop are summarized below.

Binance will also open trading for BAND/BNB, BAND/BTC and BAND/USDT trading pairs at 2019/09/18 12:00 PM (UTC).

BAND Listing Fee: 0 BNB.

Note:

• Please ensure that you have sufficient BNB in your account based on the number of your winning tickets. Users will have 24 hours until 2019/09/18 08:00 AM (UTC) to credit their normal exchange accounts with BNB, at which point the distribution of BAND will be complete. Please note that BNB in open orders, margin accounts or lending products will not be able to be deducted.
• The token purchase price was set at 1 BAND = 0.02281717 BNB/ 0.473 USD (using a BNB price of 20.73 USD) as per the previous announcement here.
• The Band Protocol (BAND) ERC20 token smart contract is available on the explorer here: https://etherscan.io/token/0xba11d00c5f74255f56a5e366f4f77f5a186d7f55 

Results for 631,800 BAND Airdrop!

A pool of 631,800 BAND tokens (approx 300,000 USD) will be split and airdropped to all launchpad participants that do not have a winning ticket. 

The amount airdropped to each participant that does not have a winning ticket will be calculated as = (Number of non-winning tickets held by each non-winning participant / Total number of non-winning tickets across all non-winning participants) x Total Airdrop Pool. Please note that if you do have a winning ticket, you will not be eligible for the airdrop.

Based on the Band Launchpad lottery results, the total number of tickets claimed by the 19,258 non-winning participants was 83,003. As such, the number of BAND airdropped for each ticket claimed by a non-winning participant will be 7.61177307 BAND. 

Details:

1. About Band Protocol (BAND)
2. Fees
3. Rules

Further Information:

• Band Protocol (BAND) Project Research Report
• Introducing the Band Protocol (BAND) Token Sale on Binance Launchpad
• Binance Launchpad: Band Protocol Sale Results (Blog)

Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your investment losses.

Thanks for your support!

Binance Team

2019/09/17

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