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Binance Partners With Swipe To Launch A $16 Million Ecosystem Rewards Program For BNB Holders

Lily Yang

Summary: Announced August 14, Swipe is launching a $16 million Ecosystem Rewards Program for BNB holders over a course of 12 weeks.  Starting from August 17, a total of 4,000,000 SXP tokens will be airdropped to BNB holders within the period. The allocation will be conducted weekly (approximately 333,333.33 SXP per week) based on Binance user’s ...

Announced August 14, Swipe is launching a $16 million Ecosystem Rewards Program for BNB holders over a course of 12 weeks. 

Starting from August 17, a total of 4,000,000 SXP tokens will be airdropped to BNB holders within the period. The allocation will be conducted weekly (approximately 333,333.33 SXP per week) based on Binance user’s average daily BNB holdings. Swipe notes that these SXP will be bought from the market and this program will not increase any circulating supplies weekly.

“This is kinda soft staking for BNB, and a big one.” Binance CEO CZ tweeted, “If you think BNB is not a DeFi coin, think again.”

By Lily Yang

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