Binance Will Support the Donnie Finance (DON) Airdrop Program for IOST (IOST) Holders

Announcement from Binance.com

Binance will assist the Donnie Finance (DON) airdrop program for IOST (IOST) holders. The snapshot for the airdrop will happen at the first IOST community block created after 2021-02-25 08:00 AM (UTC).

• IOST deposits and withdrawals can be suspended ranging from 2021-02-25 07:00 AM (UTC). Please word that trading of IOST won’t be affected throughout the airdrop.
• Deposits and withdrawals can be reopened after the snapshot is accomplished.
• We will take a snapshot of IOST tokens held by Binance customers at the above time, and can distribute DON tokens based mostly on the method as follows:
  • DON claimed by person A = (Amount of IOST held by person A at the snapshot time / Total quantity of IOST held by the trade at the snapshot time) * Total DON airdropped to Binance

Please word:

• IOST tokens which might be pending deposit or withdrawal at the time of the snapshot won’t depend in direction of your IOST stability.
• IOST balances beneath 1 IOST (together with these in trade orders) won’t be eligible for the airdrop.
• The snapshots will embody IOST balances in Spot wallets, Margin, Savings and Staking accounts, however excludes USDT-Margined Futures pockets. Undistributed IOST curiosity funds won’t be included.
• IOST borrowed from Margin or Crypto Loans, or IOST transferred to Spot wallets from these accounts, won’t be eligible for the airdrop.
• For the trading and itemizing of DON on Binance, DON will undergo the identical strict itemizing evaluation course of as Binance does for some other coin/token. Supporting this airdrop doesn’t assure the itemizing of DON. Binance doesn’t assure any listings as per our inner coverage.
• Binance will distribute the DON tokens after the mission has accomplished the DON token distribution to exchanges. We will put up an extra announcement as soon as the distribution to Binance customers is accomplished.
• U.S. individuals, entities and sanctioned international locations will not be eligible to obtain this airdrop. For extra data, please confer with Binance Terms of Use.

For additional data on how the DON tokens can be airdropped to IOST holders, please confer with:

Risk warning: Cryptocurrency trading is topic to excessive market danger. Please make your trades cautiously. Binance will make greatest efforts to decide on high-quality cash, however won’t be accountable for your trading losses.
Thanks for your assist!

Binance Team

2021-02-24

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