• Binance helps Smart Monkey (MONKY) airdrop for FLOKI and ApeCoin (APE) holders.
• The APE snapshot was taken on November twenty ninth and the FLOKI snapshot was taken on December fifteenth.
• Eligible customers will obtain a MONKY based mostly on their FLOKI or APE holdings, every with particular necessities.

Binance has revealed that it’ll assist the upcoming airdrop of Smart Monkey (MONKY) tokens for FLOKI and ApeCoin (APE) holders. The airdrop might be carried out in two phases, with a snapshot for APE holders taken on November 29, 2024 and a snapshot for FLOKI holders on December 15, 2024.

Airdrop particulars

Airdrops observe a particular distribution charge for every token. When you have FLOKI, you might be eligible to obtain 0.35 MONKY for each 1 FLOKI. However, all Binance accounts holding no less than one APE might be entitled to obtain a set quantity of 804,828 MONKY, whatever the precise amount of APEs they maintain.

For context, the MONKY workforce has earmarked a large provide of tokens of roughly over 3 trillion to this airdrop marketing campaign. FLOKI holders will share a pool of two.7 trillion tokens and APE holders will share 800 billion tokens.

Binance states that FLOKI balances lower than 1 FLOKI, together with these in commerce orders, will not be eligible for airdrops. Equally, APE balances lower than 1 APE is not going to rely towards distributions.

snapshot pockets

In the meantime, Binance will contemplate holdings in quite a lot of accounts, together with spot wallets, funding wallets, margin wallets, easy earn versatile and locked accounts, and sure mortgage accounts.

Nevertheless, customers who maintain FLOKI or APE in pending deposit or withdrawal transactions on the time of the snapshot will be unable to include these holdings into the airdrop. Moreover, FLOKI or APE borrowed from margin or crypto loans, or transferred from these accounts to Spot wallets, will not be eligible for airdrops.

Binance has clarified that customers who owe FLOKI or APE on margin, loans, or VIP loans should repay the identical quantity of MONKY after distribution.

Key companies stay uninterrupted throughout airdrops

Customers can proceed to deposit and withdraw FLOKI and APE tokens throughout the airdrop. Spot, margin, and futures market buying and selling and Binance Earn companies stay unaffected.

Binance will deal with all technical features of the airdrop, permitting eligible customers to seamlessly obtain their MONKY tokens. Nevertheless, the change clarified that the airdrop doesn’t assure the itemizing of MONKY on Binance, because the token should undergo the platform's regular itemizing evaluation course of.

To be eligible for an airdrop, customers should full the required account verification (KYC) and be positioned in an eligible jurisdiction. Binance has acknowledged that detailed data concerning airdrop distribution might be shared as soon as the method is full.