BNB Chain Announces Memecoin Daily Airdrop Round 2: 33 BNB Airdropped to BNB & CAKE Holders

5 hours ago 2

ARTICLE AD BOX

Dubai, UAE, December 20th, 2024, Chainwire

BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain by daily transactions, has announced the return of the Memecoin Daily competition Series for Round 2. From December 24 to December 31, 2024, BNB Chain will once again spotlight the ecosystem’s top-performing memecoins by purchasing 33 BNB worth of tokens each day and airdropping them to 1,000 BNB and CAKE holders.

Key Dates

Leaderboard Launch: December 24, 12:00 PM UTC
Airdrop Period: December 24–31, 2024
Eligibility Address Snapshot: December 24, 2024, 12:00 PM UTC
Winner Announcements: Every day before 12:30 PM (UTC)

Round 2 builds on the success of the first Memecoin Daily Airdrop Series. Some of the winning projects from Round 1 included AlCell, MONKEY, and FROG, which earned spots on the Binance Alpha Watchlist. This second round offers another chance for memecoins to shine and for community members to engage with the BNB Chain ecosystem.

Daily Competition Period and Eligibility Criteria:

Day 8: December 24, 12:00 PM – December 25, 11:59 AM UTC (Memecoins launched after November 15, 2024)
Day 9: December 25, 12:00 PM – December 26, 11:59 AM UTC
Day 10: December 26, 12:00 PM – December 27, 11:59 AM UTC (Memecoins launched after December 1, 2024)
Day 11: December 27, 12:00 PM – December 28, 11:59 AM UTC
Day 12: December 28, 12:00 PM – December 29, 11:59 AM UTC
Day 13: December 29, 12:00 PM – December 30, 11:59 AM UTC
Day 14: December 30, 12:00 PM – December 31, 11:59 AM UTC

Each day, the top-performing memecoin on BNB Smart Chain will be selected based on three key metrics:

Ranked 24-hour trading volume (50%)
Ranked market capitalization (30%)
Ranked price increment in a 24-hour period (20%)

A real-time leaderboard will track these metrics, ensuring transparency and fairness in the competition. The daily winner will see 33 BNB worth of its tokens purchased by BNB Chain and airdropped to winners.

The airdrop is open to all BNB and CAKE holders meeting these criteria:

Hold at least 1 BNB or 235 CAKE.
Wallets must contain eligible tokens: slisBNB, BNBx, stkBNB, ankrBNB, or Cake.
Snapshot time: December 24, 2024, 12:00 PM UTC.

The Memecoin Daily competition offers memecoins a platform to gain recognition, engage with the broader blockchain community, and drive innovation within the BNB Chain ecosystem. To learn more and follow the competition, users can visit here.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:

BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.
opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds.
BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.

Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program.

For more, users can follow BNB Chain on X or start exploring via their Dapp library.