Binance Distributes SPK Coins to BNB Holders

Binance has unveiled a unique HODLer Airdrop initiative, presenting BNB investors with Spark (SPK) coins. These coins function as a protocol for blockchain asset allocation, smartly distributing capital across DeFi, CeFi, and real-world assets. BNB owners investing their holdings into Simple Earn or Blockchain Yield within the window from June 10 to 13, 2025, are in line to share a pool of 200 million SPK coins, representing 2% of the available supply. The coins will be allocated to users’ spot accounts a minimum of an hour before trading kicks off.

Who Can Benefit from Binance’s Airdrop?

To partake in Binance’s SPK coin HODLer Airdrops, the prerequisite is simple: invest your BNB into Binance Simple Earn or Blockchain Yield products from June 10, 3:00 AM to June 14, 2:59 PM. The rewards distribution hinges on a series of randomized snapshots recording both user and pool BNB balances.

What Is the SPK Coin Listing Timeline?

SPK, the asset of Spark’s mainnet, will debut for trading on Binance’s platform on June 17, 2025, starting from 12:00 PM. It will initially be paired with USDT, USDC, BNB, FDUSD, and TRY. Initially marked with a “seed” tag, SPK denotes a nascent project with associated higher risks. After opening for the spot market, it will eventually transition out of Binance Alpha.

The financial framework of SPK reveals that its initial and capped supply totals 10 billion, with 1.7 billion SPK (amounting to 17%) circulating at the time of listing on Binance. Apart from the designated 200 million SPK for the Airdrop, 50 million SPK will bolster promotional activities post-listing.

This airdrop serves as a passive earnings opportunity for users, leveraging previous BNB balance snapshots to distribute rewards. Investing BNB into Simple Earn immediately enlists users for these HODLer Airdrops, alongside other benefits like Launchpool and Megadrop rewards.

• The maximum BNB balance ratio for reward calculations is set at 4%.
• SPK will trade under various pairs including USDT and BNB.
• Allocation of SPK starts an hour post-campaign announcement.
• 50 million SPK set aside for promotional activities.

The Binance initiative opens up new avenues for BNB holders to augment their portfolios with prospective assets like SPK. Through savvy investments in the exchange’s yield products, users can capitalize on emerging blockchain technologies while benefiting from added incentives.