How Do Binance Megadrop Work? Web3 Missions and Points


Today we talk about Binance MegaDrop: a new feature. To simplify it as much as possible, it is a launchpool that allows you to farm new tokens, plus it is possible to carry out quests (missions) to increase the quantity of tokens.
If you don't have an account on Binance, register here: Binance (Sign Up)

Then you have to download the Binance Web3 Wallet because the missions can only be carried out from mobile. By entering the Binance app you have 2 accounts:
1) Exchange (Binance account)
2) Web3 (non-custodial wallet without seed but with 3 keys: 1 held by the user, 1 on the cloud and 1 by Binance. You recover the wallet with 2 of 3)

From the mobile app, in the search bar you can search for "megadrop" or by clicking on the Binance logo at the top left and then find the "megadrop" section. Please note that each project launched by Megadrop will have specific missions (which vary with the project).
Each Megadrop has a predefined duration.

How to get more points? Clearly the more BNB you have, the higher your allocation will be. It is possible to obtain higher multipliers by blocking Bnb for longer. Furthermore, the points increase by carrying out web3 missions of the project so the allocation will depend on:
1) Bnb number you own
2) Blocking time of your Bnb (30, 60, 90 or 120 days)
3) Web3 missions you have carried out (usually involving operations on the Web3 wallet such as staking, farming, swap, etc)

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Score calculation is based on daily snapshots. Remember that if your Bnbs are tied you will not be able to remove them until the chosen deadline. Once you have completed the Megadrop missions, lock your BNB and wait for the distribution at the end of the event (spot wallet). In all honesty, don't expect large quantities, these are not airdrop but launchpool/farming (however free token).

 

Are you interested in ways to earn crypto bonus? Check it out here: Some Sites To Earn Crypto Bonus (Old & New)  

 

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