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WINk Announces Date of First Airdrop to Tron {TRX} Users

Blockchain

WINk has just revealed the date of the first airdrop of its cryptocurrency, WIN, to Tron holders. The WIN will be transferred to all accounts on Tron’s blockchain that have a balance greater than or equal to 100 of Tron’s cryptocurrency, TRX.

The airdrop will occur on 28th August, 2019 at 00:00:00 SGT, with the total amount to be airdropped 10,989,000,000 WINk (WIN). This corresponds to 1.1% of the total supply. 1 WIN is currently $0.000382 USD. 

Binance Supported

Binance, the world’s largest cryptocurrency exchange, also announced yesterday that it will be facilitating this airdrop, confirming that following the initial offering, WINk will be provided regularly on a monthly interval to Tron accounts.

They explained the criteria on which users will receive their periodic WIN payments. The WIN will be equal to the amount of TRX held by the user at the time of the snapshot multiplied by the total WIN received by Binance based on total TRX holdings for each respective monthly airdrop.

For the first airdrop on the 28th, Binance will take a snapshot of the user’s account at 27th August, 2019 16:00:00 (UTC). They will distribute the respective WIN to TRX holders within 7 days.

Yearly Airdrop

WIN plans on conducting airdrops for three years, with 1.2% of the total supply offered in the first year, 1.3% of the total supply given in the second year, and 1.4% of WIN total supply airdropped to TRX holders.

What is WINk?

The top decentralised application (DApp) in terms of volume is a DApp on the Tron platform called WINk. WINk only recently announced the launch of its token, WIN, through the Binance Launchpad. According to data published by DappReview, it is the top decentralised application in terms of total volume traded on the platform every day.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.