Binance has announced its support for the highly anticipated Wise Monkey (MONKY) airdrop, which aims to reward FLOKI and ApeCoin (APE) holders. This initiative underscores Binance’s commitment to supporting new crypto projects and recognizing loyal communities within the space.
MONKY Airdrop Details for FLOKI and APE Holders
The Wise Monkey project has allocated 2.7 trillion MONKY tokens for FLOKI holders and 800 billion MONKY tokens for APE holders. The distribution will be based on holdings recorded on-chain and through Binance-supported platforms. Starting December 15, 2024, at 12:00 AM (UK time), FLOKI holders will begin receiving MONKY tokens at a distribution rate of 1 FLOKI = 0.35 MONKY.
Key details for FLOKI holders:
- Total Allocation: 2.7 trillion MONKY tokens
- Start Date: December 15, 2024, 12:00 AM (UK time)
- Rate: 1 FLOKI = 0.35 MONKY
For APE holders, MONKY tokens were distributed starting on November 29, 2024, at 12:00 AM (UK time). The distribution rate for APE holders is significantly higher, at 1 APE = 804.828 MONKY.
Key details for APE holders:
- Total Allocation: 800 billion MONKY tokens
- Start Date: November 29, 2024, 12:00 AM (UK time)
- Rate: 1 APE = 804.828 MONKY
Allocation Breakdown
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For FLOKI holders, 35% of the total MONKY supply has been reserved:
- 27% for FLOKI holders across chains and supported platforms
- 4% for Floki Trading Bot users
- 4% for specific ecosystem token holders
APE holders have been allocated 10% of the total MONKY supply:
- 8% for on-chain and exchange-based APE holders
- 1% for Ape Accelerator supporters
- 1% for ApeFest participants
Eligibility Criteria
To qualify for the airdrop, users must hold more than 1 token of FLOKI or APE. Pending deposits, withdrawal requests, and balances tied to trading orders are excluded from eligibility. Only balances in Spot Wallets, Funding Wallets, and other Binance-supported accounts are eligible. Borrowed or transferred tokens in Margin or Loan accounts are also excluded.
Users with net liabilities in FLOKI or APE will need to return equivalent MONKY tokens received. The distribution timeline for the airdrop will be announced post-completion. While Binance supports this airdrop, it does not guarantee MONKY’s listing on the exchange. Any potential listing will undergo Binance’s rigorous review process.
The Bigger Picture
Binance’s support of the MONKY airdrop reinforces its dedication to fostering innovation in the crypto space while rewarding community participation. As The Bit Journal highlights, airdrops like these serve as a powerful incentive for long-term engagement among holders of key tokens such as FLOKI and APE.
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