Analysis

Binance Will Support the Bella (BEL) Airdrop Program for ARPA (ARPA) Holders

Announcement from Binance.com

Binance wish to verify assist for the Bella (BEL) Airdrop Program for ARPA (ARPA) holders.

Snapshots of ARPA balances will probably be taken in 8 rounds over a 2 yr interval to present out a complete of two,000,000 BEL tokens, with every spherical having 16 snapshots. During every spherical, snapshots of person ARPA balances will probably be taken at 4:00 PM (UTC) every day for 16 days. Rewards will probably be calculated at a ratio of 5000 ARPA = 1 BEL.

User BEL rewards every spherical = Total BEL obtained by Binance for every spherical * User ARPA holdings ratio.

User ARPA holdings ratio = User ARPA holdings / Total ARPA holdings on Binance.

BEL Airdrop Program Schedule

Round	Snapshot Period (UTC)	Airdrop Amount	% of Total BEL
1	2020/09/29 – 2020/10/14: Daily snapshot at 4:00 PM for a complete of 16 snapshots	250,000 BEL	0.25%
2	2020/12/29 – 2021/01/13: Daily snapshot at 4:00 PM for a complete of 16 snapshots	250,000 BEL	0.25%
3	2021/03/29 – 2021/04/13: Daily snapshot at 4:00 PM for a complete of 16 snapshots	250,000 BEL	0.25%
4	2021/06/29 – 2021/07/14: Daily snapshot at 4:00 PM for a complete of 16 snapshots	250,000 BEL	0.25%
5	2021/09/29 – 2021/10/14: Daily snapshot at 4:00 PM for a complete of 16 snapshots	250,000 BEL	0.25%
6	2021/12/29 – 2022/01/13: Daily snapshot at 4:00 PM for a complete of 16 snapshots	250,000 BEL	0.25%
7	2022/03/29 – 2022/04/13: Daily snapshot at 4:00 PM for a complete of 16 snapshots	250,000 BEL	0.25%
8	2022/06/29 – 2022/07/14: Daily snapshot at 4:00 PM for a complete of 16 snapshots	250,000 BEL	0.25%

Please word:

ARPA tokens which are pending deposit or withdrawal at the time of every snapshot is not going to rely in direction of your ARPA stability. Please make sure you depart ample time for deposits and withdrawals to finish previous to the snapshot.
ARPA balances beneath 1 ARPA (together with these in trade orders) is not going to be eligible to obtain the BEL airdrop.
Snapshots will embody ARPA balances in spot wallets and financial savings accounts, however will exclude margin account balances.
US individuals, entities and sanctioned international locations are usually not eligible to obtain this airdrop. For extra data, please seek advice from Binance Terms of Use.

Thanks for your assist!

Binance Team

2020/09/29

Trade on the go together with Binance’s cellular crypto trading app:

Find us on

https://www.binance.com/en/support/announcement/a87d145bd0644720bf93599cc5f5a3de

Binance