On June 23, Binance Wallet launched two exclusive events for Codatta:
· Pre-TGE Subscription Activity:
Eligible users can pre-subscribe to XNY, Codatta's governance token, through Binance Wallet before its listing.
· Airdrop Support Activity:
Complete weekly tasks, support the project's early development, and participate in sharing a total of 600 million XNY airdrop rewards.
In this event, users can exclusively subscribe to Codatta's governance token XNY within Binance Wallet. Using an oversubscription model, each user can submit up to 3 BNB. The final allocation ratio will be calculated proportionally based on the total deposit amount of all participating users. This is a Pre-TGE subscription, and the received XNY tokens will be locked and cannot be traded immediately. The token unlock time will be announced separately by the project team. Details of XNY pre-subscription:
**Token Name:** Codatta (XNY)
**Chain:** BNB Chain
**Total Fundraising Amount:** $100,000 (priced in BNB)
**Total Token Allocation:** 200 million XNY (2% of total token supply)
**Accepted Currency:** BNB
**Token Price:** $0.0005 per token (calculated at the BNB exchange rate at the time)
**Per User Subscription Limit:** 3 BNB
**Participation Eligibility:** Users must meet Binance Alpha Points qualification standards
**Allocation Method:** Distributed proportionally based on user subscription volume
Event Timeline:
Stage One: BNB Deposit and Subscription Period
Eligible users can submit up to 3 BNB for XNY subscription through Binance Wallet during the event period. Amounts exceeding this will not be counted.
Stage Two: Token Distribution (Locked Status)
After the subscription period ends, the system will complete token distribution proportionally and credit XNY tokens to user accounts, but these tokens will be locked and not tradable.
Stage Three: Trading Opened
Once the project team officially announces token circulation, XNY will be open for trading on Binance Alpha, at which point users can freely buy and sell.
