Binance played it smart. They introduced Warm Up Event, gave

Question

Binance played it smart. They introduced Warm Up Event, gave

huge rewards, promised to transfer tokens in full to contributors. So what did Binance get out of it??? I feel the answer is BDOT. The liquid DOT for all locked tokens. They will launch and support pairs which are BNB friendly. Binance will make money when people start trading BDOT. Wow...

#blockchain #cryptocurrency #english #moonbeam

0

26.11.2021

6 ответов

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TYK Автор вопроса

Jonathan
Binance got BDOT and they will get staking rewards...

Staking as in the tokens locked on chain or 30% supply from GLMR? We will get 100% of both if I remember reading guidelines correctly. Key is to have BDOTs to earn back DOTs after 96 weeks.

0

27.11.2021

Jonathan

TYK
Staking as in the tokens locked on chain or 30% su...

I mean that Binance can claim our voted GLMR and restake it while only paying us every 3 months. They can make money with our money

0

27.11.2021

TYK Автор вопроса

The way I interpreted it was for the remaining set of Auction of DOT. I mean 2nd, 3rd. Etc. I may be wrong

0

27.11.2021

Jonathan

Gotta wait and see but I saw it as the claim date for the first 5 winners

0

27.11.2021

TYK Автор вопроса

Jonathan
Gotta wait and see but I saw it as the claim date ...

One more additional input... 96 weeks work out to be Oct 2023. Whereas table above is only till Mar 2023. So not adding up. Let's wait what we have in stock

0

27.11.2021

Jonathan · Accepted Answer

Jonathan

Binance got BDOT and they will get staking rewards from Glmr while only paying out once every 3 months

0

26.11.2021

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Binance played it smart. They introduced Warm Up Event, gave

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