This article was first published on Red Pulse - Medium
Dear Red Pulse Phoenix Community,
To promote the launch of native PHB integration, PHX/PHB 1:1 swapping, and staking on Redpulse.com, Binance and the Red Pulse team will be committing a total of 15,000,000 PHB to a trading airdrop on Binance Chain/DEX. The rules for the trading airdrop are as follows:
2019/6/21 0:00 AM UTC — 2019/7/1 0:00 AM UTC
All Binance Chain addresses that reach a trading volume of 25,000 or more PHB (including buys and sells) on Binance DEX during each full day, while also holding a minimum of 5,000 PHB and 5 BNB in their address at the end of the day, will equally share a pool of 1,500,000 PHB tokens. The recorded trading volume on each address will reset daily at 0:00AM UTC.
Activity terms & conditions:
● Binance reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion.
● Each full day refers to 0:00 AM to 0:00AM of the next day (UTC), a full 24 hours.
● PHB and BNB balances for each day will be recorded in the last Binance Chain block after 0:00 AM (UTC), on the next day.
● The recorded PHB trading volume on each address will reset daily at 0:00AM (UTC).
Rewards will be automatically airdropped to eligible addresses at approximately 06:00 AM (UTC) each following day.
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Red Pulse - Medium