Binance has announced its support for the Pixels (PIXEL) airdrop, earmarked for eligible Ronin (RON) Locked Products users. This initiative marks a significant milestone for Ronin stakers within the Binance ecosystem.
The airdrop season continues to excite the community, with the Pixels airdrop being the latest.
Eligibility Criteria for Pixels Token Airdrop in Binance
According to the announcement detail, the airdrop is scheduled to recognize various tiers of participation among Ronin Locked Products subscribers. Accordingly, the rewards will range from 183.34 PIXEL for the lowest tier to an impressive 3,955.11 PIXEL for the highest tier subscribers.
“Eligible Ronin Locked Products users will receive PIXEL tokens in their Spot wallets based on their total Ronin Locked Products subscription amount at the snapshot time of 2024-02-08 at 23:59 (UTC),” Binance said.
However, it’s crucial to note that eligibility criteria are stringent, emphasizing the need for a verified account and an active Ronin Locked Products position. This initiative strategically excludes US persons, entities, and sanctioned countries, adhering to regulatory compliance and ensuring a fair distribution process.
Last month, Pixels unveiled its ambitious plan to distribute 20 million PIXEL tokens to the Ronin network’s loyal community. This decision is pivotal, aimed at rewarding the steadfast support of RON token stakers. By categorizing stakeholders into four distinct tiers, Pixels ensures an equitable reward system, potentially reaching up to 3,955 PIXEL per eligible wallet.
Read more: 5 Easy Steps To Qualify for the Potential MetaMask Airdrop
Tiers for Pixels Token Airdrop. Source: Binance
Furthermore, Binance’s recent support for Dymension (DYM) token airdrop underscores its strategic move to expand trading opportunities for its users. The inclusion of DYM spot trading pairs introduces a new dimension of investment possibilities.
However, the efficacy of airdrops as a tool for sustaining long-term engagement remains a topic of debate within the crypto community. While they provide an accessible entry point for newcomers, the challenge lies in retaining these participants beyond the initial incentive.
Recent observations, such as the Starknet token event, highlight the transient nature of engagement post-airdrop, casting doubts on the strategy’s effectiveness in fostering a genuinely committed user base.
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