Binance has officially announced its support for the much-anticipated Wise Monkey (MONKY) airdrop, aimed at rewarding FLOKI and ApeCoin (APE) holders. This strategic move highlights Binance’s dedication to nurturing loyal communities and fostering emerging projects within the cryptocurrency ecosystem.
Airdrop Details for FLOKI & APE Holders
The Wise Monkey project has earmarked a substantial 2.7 trillion MONKY tokens for FLOKI holders and an additional 800 billion MONKY tokens for APE holders. The distribution of these tokens will occur through eligible users’ on-chain holdings and exchanges supported by Binance.
Details for FLOKI Holders
The airdrop for FLOKI holders is scheduled to commence on December 15, 2024, at 00:00 (UTC). The distribution rate is strategically set at 1 FLOKI equating to 0.35 MONKY, ensuring a fair allocation of resources.
Airdrop for FLOKI Holders
- Total Allocation: 2.7 trillion MONKY tokens.
- Start Date: December 15, 2024, at 00:00 (UTC).
- Rate: 1 FLOKI = 0.35 MONKY.
A significant 35% of the total MONKY supply is reserved for the Floki community. This allocation includes 27% for FLOKI holders on-chain and on supported exchanges, 4% for users of the Floki Trading Bot, and another 4% for holders of select tokens within the ecosystem.
Airdrop for APE Holders
- Total Allocation: 800 billion MONKY tokens.
- Start Date: November 29, 2024, at 00:00 (UTC).
- Rate: 1 APE = 804,828 MONKY.
For the APE community, a total of 10% of the MONKY supply has been allocated. This includes 8% for APE holders on-chain and on exchanges, 1% dedicated to Ape Accelerator supporters, and another 1% for attendees of ApeFest.
Eligibility Criteria for the Airdrop
To participate, FLOKI and APE balances must exceed 1 token. Tokens involved in trade orders or pending deposits or withdrawals during the snapshot will not be considered. Snapshots will encompass holdings across Spot Wallets, Funding Wallets, and other accounts supported by Binance.
Tokens borrowed or transferred from Margin or Loan accounts will also be excluded from eligibility. Additionally, users with net liabilities in FLOKI or APE are required to return any MONKY they receive accordingly.
Distribution Timeline
The timeline for distribution will be communicated separately once the airdrop process is finalized. While Binance supports this airdrop, it is important to note that this does not automatically imply a MONKY listing on the exchange. Any potential listing will be subject to Binance’s stringent review process.
