The cryptocurrency exchange Binance will support the distribution of the meme coin Wise Monkey (MONKY) to holders of FLOKI (FLOKI) and ApeCoin (APE).
The airdrop will be conducted at a rate of 0.35 MONKY for each 1 FLOKI and 804,828 MONKY per unique account with a balance of at least 1 APE.
Snapshot dates:
- November 29 00:00 UTC for APE holders;
- December 15 00:00 UTC for FLOKI holders.
Tokens pending deposit or withdrawal at the time of the snapshot, as well as those borrowed from margin or crypto loans, will not be considered for the distribution.
The snapshots will include FLOKI and APE assets and liabilities in spot and margin wallets, funding wallets, Simple Earn, and loan accounts.
“Users with net liabilities of FLOKI or APE in margin or any loans will need to return an equivalent amount of MONKY,” platform representatives noted.
Supporting the airdrop does not guarantee a subsequent listing of MONKY on Binance.
In June, the exchange provided BNB holders with early access to tokens preparing to be added to the platform.