Binance announces the 4th project on the HODLer Airdrops Portal - Simon’s Cat (1000CAT).
Sign up on Binance: https://accounts.binance.com/en/register?ref=ERAC9HRZ
Users who subscribed their BNB to Simple Earn products from December 9, 2024, to 12:59 PM UTC on December 12, 2024, will receive airdrops.
The HODLer Airdrops information will be available in 12 hours, and the new token will be distributed to users’ Spot Wallet 1 hour before trading starts.
Binance will list 1000CAT on December 17, 2024, at 9:00 AM UTC and open trading against USDT, BNB, FDUSD, and TRY pairs. The seed tag will be applied to 1000CAT.
Note: 1000CAT is a circulating token. The HODLer Airdrops rewards will rapidly increase circulation, potentially causing significant price fluctuations after listing. Be cautious when trading.
1000CAT HODLer Airdrops Details
Token Name: Simon’s Cat (CAT)
Total Token Supply: 8,099,954,917,916 CAT
Max Token Supply: 9,000,000,000,000 CAT
HODLer Airdrops Token Rewards: 1,143,000,000,000 CAT (12.7% of max token supply)
Current Circulating Supply: 6,749,954,917,916 CAT (75% of total supply)
Circulating Supply upon Listing on Binance: 7,892,954,917,916 CAT (88% of max token supply)
Smart Contract Details: BNB Chain (0x6894CDe390a3f51155ea41Ed24a33A4827d3063D). Note that CAT and 1000CAT on the Solana network won’t be supported.
Research Report: Simon’s Cat (1000CAT) (will be available within 24 hours of publishing this announcement)
Per User Reward Hard Cap: User’s Average BNB Holding / Total Average BNB Holdings * Total HODLer Airdrops Rewards * 100% ≤ Total HODLer Airdrops Rewards * 4%
Binance HODLer Airdrops rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. Subscribing BNB to Simple Earn automatically qualifies users for HODLer Airdrops, Launchpool, and Megadrop rewards.
Unlike other earning methods that require ongoing actions, HODLer Airdrops reward users retroactively. Snapshots of user balances and total pool balances are taken hourly to calculate users’ average balances in Simple Earn products. After the announcement, Binance will use historical snapshots of user balances at random periods to calculate rewards.
Eligible users receive HODLer Airdrops rewards in their Spot Wallets within 24 hours of the announcement.
Project Links:
Simon’s Cat Website: https://www.simons.cat/
Simon’s Cat X: https://x.com/SimonsCatMeme
Simon Cat’s Whitepaper: https://docs.simons.cat/
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