Binance will record all users’ lowest BNB balance each day between 2019/09/06 0:00 AM (UTC) to 2019/10/06 0:00 AM (UTC) and calculate a total BNB holding ratio for each user at the end of the total holding period
Starting from 2019/10/06, Binance JEX will conduct a monthly airdrop of JEX tokens to BNB holders equivalent to 30% of the profit generated by Binance JEX in each respective month. The distribution of this airdrop will be calculated by recording the lowest BNB balance in all user accounts each day from 0:00 AM (UTC) on the 6th day of the month to 0:00 AM (UTC) on the 6th day of the next month and calculating a total BNB holding ratio for each user at the end of each month (detailed formula below). Users will also need to hold at least 10 BNB at all times each day to be eligible for this airdrop. This monthly airdrop will initially run for one full year and may be adjusted in the second year based on future conditions
Distributions will be completed within 2 weeks of each holding period.
Binance has completed the acquisition of JEX, a crypto-asset trading platform offering spot and derivatives trading services. JEX has renamed to Binance JEX and will operate as an independent team within the Binance ecosystem.