Binance has announced its support for the Wise Monkey (MONKY) airdrop, which will reward FLOKI and ApeCoin (APE) holders with MONKY tokens.
Airdrop Details and Eligibility
Snapshot Dates:
APE: November 29, 2024, 03:00 FLOKI: December 15, 2024, 03:00
Airdrop Rates:
FLOKI Owners: 1 FLOKI = 0.35 MONKY APE Owners: 1 APE = 804,828 MONKY
Eligibility Criteria:
FLOKI and APE balances below 1 (including trade orders) will not be eligible for airdrop. Tokens waiting to be deposited or withdrawn at the time of the snapshot will be excluded. Snapshots will consider token balances in Spot Wallets, Funding Wallets, Margin Wallets, Simple Earnings Flex Accounts, Flex Loans, and VIP Loan Accounts. Borrowed FLOKI or APE and liabilities in Margin or Loan accounts will not be eligible. Users with net liabilities will be required to return an equivalent amount of MONKY tokens.
Technical Details and Timeline
Binance will manage all technical aspects of the airdrop. FLOKI and APE deposits, withdrawals, trading (Spot, Margin, Futures) and Binance Earn services will not be affected during the event. The distribution timeline will be confirmed in a further announcement once the MONKY tokens have been allocated.
MONKY Listing on Binance
Supporting this airdrop does not guarantee that MONKY will be listed on Binance. The token will undergo Binance's rigorous listing review process before any trading decisions are made. Binance reiterated its commitment to fulfilling all technical requirements for users participating in the airdrop, ensuring a smooth process for beneficiaries.
Binance continues to support the growth of the cryptocurrency space by facilitating user access to new tokens through airdrops. However, users should remember that airdrops do not guarantee subsequent listing of tokens on the platform.