Binance to Launch HODLer Airdrops for Simon’s Cat and Pudgy Penguins

The post Binance to Launch HODLer Airdrops for Simon’s Cat and Pudgy Penguins appeared first on Coinpedia Fintech News

In a latest development, Binance has announced its 4th and 5th products on the Binance HODLer Airdrop program. It disclosed that Simon’s Cat (CAT) and Pudgy Penguins (PENGU) are the altcoins it has selected for the airdrop program. 

As per the announcement, Binance will list CAT at 2024-12-17 09:00 (UTC) and open trading against USDT, BNB, FDUSD, and TRY pairs. Binance will list PENGU at 2024-12-17 14:00 (UTC) and open trading against USDT, BNB, FDUSD, and TRY pairs.

The Airdrop Token Rewards

Notably, 12.7% of the max CAT token supply and 3% of the total PENGU supply are to be offered. The exchange shared that users who subscribed to Simple Earn products during Dec 9-12 with their BNB will receive the airdrops. The HODLer airdrop token rewards are $1.14 Billion CAT, which is 12.7% of the token supply, and $2.66 Billion PENGU, which is 3% of the token supply.

Notably, Simon’s Cat token is the official BNB Chain-based meme coin of Simon’s Cat, one of the world’s most popular cat memes and animated series, while Pudgy Penguins is one of the most popular NFT collections.

The Binance HODLer Airdrops

For context, Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn, users are automatically eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards).

Unlike other earning methods that require ongoing actions, HODLer Airdrops reward users retroactively, offering a simple way to earn additional tokens. By subscribing BNB to Simple Earn products, users can automatically qualify for token rewards.