{"id":563213,"date":"2020-08-15T17:54:01","date_gmt":"2020-08-15T14:54:01","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=563213"},"modified":"2020-08-15T17:54:01","modified_gmt":"2020-08-15T14:54:01","slug":"binance-coin-bnb-stands-to-benefit-from-staking-16m-sxp-airdrop","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/binance-coin-bnb-stands-to-benefit-from-staking-16m-sxp-airdrop\/","title":{"rendered":"Binance Coin (BNB) Stands To Benefit from Staking & $16M SXP Airdrop"},"content":{"rendered":"
In summary:<\/strong><\/p>\n The team at Binance has been known to continually keep their head down on build irrespective of the crypto market environment. Earlier this week, the team at the exchange announced that BNB staking<\/a> will be available on the testnet version of the Binance Chain. Furthermore, staking will be via testnet BNB available through a faucet that will be available on, or around the 17th of August.<\/p>\n With respect to the time frame of the event, staking on the Binance Chain testnet will be available from<\/a> the 17th and 27th of August. Also to note is that Binance will be giving away 3,000 BNB in prizes to participants of staking on the testnet.<\/p>\n Additionally, and with respect to the Binance ecosystem<\/a>, the team at Swipe has announced an SXP airdrop to BNB hodlers worth $16 Million that will also commence on the 17th of August.<\/p>\n A total of 4 Million SXP tokens will be distributed over a 12 week period based on weekly average BNB holding amounts. This translates to 333,333 SXP airdropped per week. Participants need to hold at least 0.1 BNB to qualify for the rewards.<\/p>\n The final round of the airdrop will be carried out on the 11th of November.<\/p>\n\n
3,000 BNB in Prizes for Staking on the Testnet<\/h2>\n
\u00a0$16 Million SXP Airdrop to BNB Holders Beginning 17th August<\/h2>\n
Swipe Will not Mint New SXP<\/h2>\n