Binance Coin (BNB) Stands To Benefit from Staking & $16M SXP Airdrop

[kolbalish]

In summary:

BNB staking will soon be available on the testnet of Binance Chain.
Although via testnet BNB, Binance will distribute 3,000 BNB in prizes to participants.
The team at Swipe has launched a $16 Million SXP airdrop to Binance Coin holders over a 12 week period.
These two events could positively benefit the value of Binance Coin (BNB) in the days and weeks to follow.

The team at Binance has been known to continually keep their head down on build irrespective of the crypto market environment. Earlier this week, the team at the exchange announced that BNB staking will be available on the testnet version of the Binance Chain. Furthermore, staking will be via testnet BNB available through a faucet that will be available on, or around the 17th of August.

3,000 BNB in Prizes for Staking on the Testnet
With respect to the time frame of the event, staking on the Binance Chain testnet will be available from the 17th and 27th of August. Also to note is that Binance will be giving away 3,000 BNB in prizes to participants of staking on the testnet.

$16 Million SXP Airdrop to BNB Holders Beginning 17th August
Additionally, and with respect to the Binance ecosystem, the team at Swipe has announced an SXP airdrop to BNB hodlers worth $16 Million that will also commence on the 17th of August.

A total of 4 Million SXP tokens will be distributed over a 12 week period based on weekly average BNB holding amounts. This translates to 333,333 SXP airdropped per week. Participants need to hold at least 0.1 BNB to qualify for the rewards.

Reference: https://en.ethereumworldnews.com/binance-coin-bnb-stands-to-benefit-from-staking-16m-sxp-airdrop/amp/

[Strongkored]

What is interesting about this news is that the SXP that will be distributed for airdrop is not from a new minted but buying in the market, SXP price in the next 12 weeks can go up significantly.
Will divided equally with all BNB holders, or based on the amount of BNB saved?

[shakesbear]

Binance is constantly coming up with something new for its exchange and token, so they are so good. I will try to participate in testnet, it sounds tempting.

[Stedsm]

BNB is looking an exciting coin to chime in these days as not only is Binance allowing its users to make money through staking BNB for other coins, but they are also going to release BSC (Binance smart chain) which will give users a great opportunity in order to buy and stake BNB for some fee collection with equal chances of being able to find a block.

[Topy]

CZ might've started the market buying, up like 15% past couple of hours. did take a decent did past few days tho.
Both CZ and Swipe CEO are having a speech/panel today in the Indonesia blockchain week, will be interesting to see where this one goes...
https://www.indonesiablockchainweek.com/