IOST recently announced an Airdrop program with the participation of Binance, Upbit, BitKub, Coincheck, OKJ, BITPOINT and CoinTrade. This event marks an important step in IOST's brand repositioning process.
A total of 852.8 million IOST Tokens (equivalent to 4% of the new total supply) will be distributed to eligible users. To qualify for the Airdrop, accounts on the supporting exchanges must hold a minimum of 1,000 IOST at the time of the balance snapshot on 15/03/2025 at 7am (Vietnam time).
The distribution will take place monthly or on a 3 or 6-month cycle over 48 months, depending on the regulations of each exchange. Each exchange will receive an amount of IOST proportional to the Tokens held by users on their platform. Details on how IOST will be distributed to individual users will be announced separately by each exchange.
The list of participating exchanges includes Binance, Upbit, BitKub, Coincheck, OKJ, BITPOINT and CoinTrade. Users only need to hold IOST on these exchanges to participate in the Airdrop. Each exchange will have its own reward claiming process, with detailed instructions to be published later.
Following this news, the IOST price surged 66% before adjusting.
