Binance Launches Third Project on Binance Airdrops Portal: Movement (MOVE)
Today, Binance officially announced the third project on the Binance Airdrops Portal – Movement (MOVE). This is a significant milestone as it marks the first time a Move-EVM Layer 2 solution has been integrated on Ethereum, bringing together the security of the Move language and the scalability of Ethereum.
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Details on the MOVE Airdrop
Who will receive the Airdrop?
The MOVE Airdrop will be for users who have registered their BNB into Simple Earn (Flexible or Locked) products from 07:00 on November 7, 2024 to 06:59 on December 6, 2024 (UTC).
- Reward: 200,000,000 MOVE (equivalent to 2% of the total MOVE supply).
- Token Distribution Time: MOVE will be distributed directly into users' Spot wallets 1 hour before listing.
Details on the MOVE Listing on Binance
- Trading Pairs: MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD, and MOVE/TRY.
- Listing Time: 20:00 on December 9, 2024 (Vietnam time).
- Circulating Supply at Listing: 2,250,000,000 MOVE (22.5% of the total supply).
Additionally, 5% of the total MOVE token supply will be allocated to the Launchpool program for 6 months after the listing.
REGISTER A BINANCE ACCOUNT NOW : https://accounts.binance.com/register?ref=125642931
Basic Information about the MOVE Token
- Project Name: Movement (MOVE).
- Total Supply: 10,000,000,000 MOVE.
- Smart Contract: Ethereum, address 0x3073f7aAA4DB83f95e9FFf17424F71D4751a3073.
- Token Type: Governance and Utility.
Conditions to Participate in the MOVE Airdrop
To be eligible for the Airdrop, users must ensure:
- Hold BNB in Simple Earn (Flexible or Locked) products.
- Comply with the holding limit: Binance applies an average holding ratio not exceeding 4% of the total BNB participating in Simple Earn. If the ratio exceeds this limit, Binance will calculate based on the maximum of 4%.
REGISTER A BINANCE ACCOUNT NOW : https://accounts.binance.com/register?ref=125642931
How to Calculate the BNB Holding Ratio in Simple Earn
Binance applies a specific formula to determine the BNB holding ratio of each user in Simple Earn (Flexible or Locked) products.
FORMULA: BNB Holding Ratio (%) = (Your Average Hourly BNB Balance / Total Average Hourly BNB Balance of All Simple Earn Users) × 100
Important Note:
- Maximum Limit: If your BNB holding ratio exceeds 4%, Binance will cap the calculation at 4% to ensure fairness among all users.
- Frequent Snapshots: Binance will take multiple snapshots of your balance every hour throughout the event duration. This data will be used to calculate the average balance and the final holding ratio.
Illustrative Example
- Your Average Hourly BNB Balance: 10 BNB.
- Total Average Hourly BNB Balance of All Simple Earn Users: 1,000 BNB.
BNB Holding Ratio (%) = (10 / 1,000) × 100 = 1%
In this case, your BNB holding ratio is 1%, which is less than the 4% limit, so you will be calculated based on the full ratio.
How to Participate in the MOVE Airdrop
If you haven't registered your BNB into Simple Earn products yet, prepare for the upcoming Airdrops by following these steps:
REGISTER A BINANCE ACCOUNT NOW : https://accounts.binance.com/register?ref=125642931
- Access Binance Earn and look for products related to BNB.
- Enroll in Simple Earn (Flexible or Locked) with your current BNB balance.
- Wait for Binance to process the Snapshot and distribute the rewards after the event ends.
Note: Users need to maintain their BNB balance throughout the event duration to optimize their chances of receiving MOVE.
Binance HODLer Airdrops: An Attractive Reward Mechanism for the Community
Binance HODLer Airdrops is an exclusive initiative to reward users who hold BNB. Through this program, users not only receive the MOVE Airdrop but also have the opportunity to benefit from other programs like Launchpool, Megadrop, and special events on Binance.
Benefits of MOVE and its potential after listing
- Integration of Move and Ethereum: By incorporating the high security features of Move into Ethereum, MOVE promises to deliver a faster and more secure transaction experience.
- Expanding ecosystem: With the potential for widespread use in decentralized applications (dApps), MOVE can quickly become one of the prominent tokens in the market.
- Support from Binance: As the third project on the Binance Airdrops Portal, MOVE receives strong backing from Binance, contributing to the value and credibility of the token.
Conclusion
Movement (MOVE) marks a new step in combining the superior security features of the Move programming language with the expansive ecosystem of Ethereum. As the third project selected on the Binance Airdrops Portal, MOVE not only attracts attention from the community but also promises great potential in improving the scalability and security of decentralized applications.
With strong support from Binance and an ambitious development roadmap, MOVE is not just an airdrop token but a representative of a new generation of blockchains, where security features and performance are taken to a new level.
Take the opportunity to participate in the MOVE airdrop, and keep an eye on the project's development to not miss out on the values that MOVE will bring in the future!
Don't forget! REGISTER A BINANCE ACCOUNT NOW 
https://accounts.binance.com/register?ref=125642931
The article Movement, the third project on the Binance Airdrops Portal (MOVE) first appeared on Coin79 - Crypto News and Investment Knowledge Updates.
