Announcing support for Bancor’s ETHBNT Airdrop

Poloniex
Poloniex
Dec 21, 2019 · 1 min read

We’re announcing support for the upcoming ETHBNT Airdrop for our Bancor (BNT) holders. We’re excited about what Bancor is doing to move DeFi forward and want to enable our customers to take part in the airdrop.

To receive an ETHBNT airdrop, you have to be holding BNT in your Poloniex wallet on January 1, 2020 at 5:00AM UTC. At that time, we’ll take a snapshot of all customers’ BNT wallets. Customers who hold more than 5 BNT in their Poloniex wallet during the snapshot will see the airdrop credited in their account within two weeks of us receiving the airdrop.

BNT holders will receive ETHBNT equal to 10% of their BNT balance at the time of the snapshot. The total airdropped amount will be 10% of BNT’s market cap at the time of the snapshot.

By holding ETHBNT after the airdrop, you will continue to collect a portion of the fees generated by every ETH-based trade on Bancor. We will support deposits and withdrawals of ETHBNT in the new year.

Find more information on the airdrop from Bancor here.

Don’t have a Poloniex account yet? Sign up here.

The Poloniex blog

All things trading from the legendary crypto exchange since 2014: https://poloniex.com/

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