Binance Crypto will Support the Venus Reward Token (VRT) Airdrop Program for Venus (XVS) Holders
Binance Crypto Exchange will support the Venus Reward Token (VRT) Airdrop Program for Venus (XVS) holders. The snapshot for the airdrop will take place at the BSC block height 7,479,562 or at approximately 2021/05/17 04:18 (UTC).
Binance will take a snapshot of XVS tokens held by Binance users at the above time, and will distribute VRT tokens at a ratio of 1 XVS = 1,000 VRT.
The snapshot for the airdrop will take place at the BSC block height 7,479,562. The estimated time is for users’ reference only and is subject to change.
Deposits and withdrawals for XVS tokens will be tentatively closed at 2021-05-17 03:30 (UTC). The timing will be adjusted according to the network speed.
XVS tokens that are pending deposit or withdrawal at the time of snapshot will not count towards your XVS balances. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
In order to be eligible to receive the VRT airdrop, the minimum amount of XVS held in each user’s Binance account must be at least 0.01 XVS (excluding those in pending trade orders).
The snapshots will include XVS balances in Spot wallets, Margin accounts and DeFi Staking accounts. Undistributed XVS interest payments will not be included.
XVS borrowed from Margin, or XVS transferred to Spot wallets from Margin accounts, will not count towards the airdrop threshold.
For the trading and listing of VRT on Binance, VRT will go through the same strict listing review process as Binance does for any other coin/token. Supporting this airdrop does not guarantee the listing of VRT. Binance does not guarantee any listings as per its internal policy.
Binance will distribute the VRT tokens after the project has completed the VRT token distribution to Binance. We will post a further announcement once the distribution to Binance users is completed.
For further information, please refer to the original announcement: Venus Reward Token Distribution & VENUS NFT Details
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Binance Exchange offer you a wide range of options to grow your crypto holdings, even when you’re not trading. With Binance, you have the power to allocate your tokens to different activities and services that we regularly launch on the platform.