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Cryptocurrency News Articles

Binance Backs Wise Monkey (MONKY) Airdrop Rewarding ApeCoin (APE) and Floki (FLOKI) Holders

Dec 02, 2024 at 07:36 pm

The airdrop, inspired by the proverb “See No Evil, Hear No Evil, Speak No Evil,” aims to energize the crypto ecosystem with meme-inspired innovation.

Binance Backs Wise Monkey (MONKY) Airdrop Rewarding ApeCoin (APE) and Floki (FLOKI) Holders

Binance will support the upcoming Wise Monkey (MONKY) airdrop, which rewards ApeCoin (APE) and Floki (FLOKI) holders. Inspired by the proverb “See No Evil, Hear No Evil, Speak No Evil,” the airdrop aims to foster meme-driven innovation in crypto.

Wallet snapshots determine eligibility, with APE holders already locked in as of November 29, 00:00 UTC, and FLOKI holders set for a December 15, 00:00 UTC snapshot. To qualify, users must hold a minimum of 1 FLOKI or 1 APE, excluding any balances below this threshold, such as those involved in trades or withdrawals.

The airdrop ratio is fixed, with each FLOKI translating to 0.35 MONKY and each APE yielding 804,828 MONKY. Eligible balances include those in spot, funding, and Simple Earn accounts on Binance, but exclude any borrowed tokens or liabilities in margin accounts.

Floki and APE communities stand to benefit significantly, with 35% of the total MONKY supply allocated to FLOKI holders and 10% to APE.

Binance, along with other exchanges such as OKX and KuCoin, will handle the distribution.

While the MONKY distribution is confirmed, its listing for trading on Binance is still pending a thorough review. Nonetheless, Binance will extend full support during the airdrop.

News source:www.cryptotimes.io

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Other articles published on Dec 05, 2024