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Binance Unveils OpenGradient Airdrop, Giving BNB Holders Early Access to AI Token Rewards
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User Score
8.7
Read More: OpenGradient’s OPG Eyes Binance HODLer Airdrop as 3.2M AI Inferences Surge
Table of Contents
Binance Adds OpenGradient to HODLer Airdrops
Binance announced that OpenGradient has become the 66th project featured in its HODLer Airdrops campaign. The protocol is developing decentralized infrastructure designed to host, execute inference for, and verify artificial intelligence models across distributed networks.
The retroactive distribution will be made to users who subscribed BNB to Simple Earn (Flexible or Locked) or On-Chain yields products from June 22nd to June 24th. Rewards will be credited to eligible Spot accounts within around five hours of the announcement, according to Binance.
A total of 6.4 million OPG tokens have been allocated to this airdrop. The project has a fixed supply of one billion tokens, while around 190 million OPG, or 19% of the total supply, will be circulating when trading begins on Binance.
Blockchain-based AI infrastructure remains exciting to investors, and that’s why OpenGradient comes out of nowhere.
OpenGradient is not consumer-facing AI, but rather based on the lower layer of the network that powers decentralized computing, verification, and inference. The project’s goal is to build infrastructure that can run AI workloads over a variety of blockchain environments.
OPG Launches Across Multiple Networks
Binance also verified that OpenGradient has not paid listing fees to Binance, reiterating the exchange’s recent policy of waiving listing fees for chosen projects from the ecosystem.
A comprehensive research report for OpenGradient’s technology, tokenomics and ecosystem should be submitted within 48 hours of the announcement.
Read More: Binance Announces Midnight (NIGHT) as the 61st HODLer Airdrop
HODLer Airdrops Continue Rewarding Passive BNB Holders
Binance’s HODLer Airdrops initiative has emerged as one of the top distribution techniques used by the exchange for bringing tokens to long-term BNB holders.
As opposed to requesting customers to make farming exercises and/or engage in token offers, qualification is performed dependent on the previous snapshots of BNB wallets on qualifying yield items. Certain mechanics include offering extra tokens just for sustaining present subscriptions.
The average number of BNB is obtained by performing several random snapshots of the balance throughout the qualifying period. Binance restricts each user’s holding ratio to 4% of the total average holding ratio of a group of eligible Binance users to avoid large user allocations.
With this latest campaign, BNB’s value within the Binance ecosystem is further solidified and users get early access to one of the newest decentralized AI infrastructure blockchains.