Binance optimizes the Launchpad product BNB holding statistics logic, which will take multiple snapshots at random times

ChainCatcher news, according to the official announcement, based on recent community feedback, Binance has discovered that some users are using multiple accounts to test the snapshot logic and are borrowing large amounts of BNB on other platforms, conducting high-frequency BNB asset deposits and withdrawals, resulting in these users obtaining a large amount of BNB holding statistics in the Launchpad project. To ensure fairness for all users participating in the Launchpad, Binance has decided to optimize the BNB holding statistics logic for the Launchpad product, changing from hourly random time snapshot updates to multiple snapshots at random times.

This optimization took effect on March 18, 2023, at 08:00 (UTC+8). For users participating in the Space ID Launchpad, the BNB holding statistics for this project will continue to display as "calculating" until March 22, 2023, at 10:30 (UTC+8), and the specific daily holding statistics will be displayed on the Launchpad page on March 22, 2023, at 10:30 (UTC+8).

Previously, ChainCatcher reported that Binance will launch its 30th Launchpad project, Binance Launchpad will launch Space ID (ID), and open a BNB special session. This sale will be based on the investment model, and Binance will determine the user's investment quota based on the user's average daily BNB holdings over 5 days. The BNB holding snapshot period is from March 17, 2023, at 08:00 to March 22, 2023, at 08:00 (UTC+8). (Source link)