Binance: Update on Binance Launchpad product BNB holding statistics Fellow Binancians, As per recent community feedback, we found some users had tested out the snapshot logic for users’ BNB balances and conducted large-scale borrowing of BNB on other platforms for high-frequency BNB deposit and withdrawal. This has resulted in a large number of BNB holdings for these users, which put them at an advantage in participating in Launchpad. To ensure a fair user experience for all participants, Binance has updated the daily BNB balance calculation mechanism for Binance Launchpad. The update took effect at 2023-03-18 00:00 (UTC).  For Space ID Launchpad participants, their daily BNB balance records will be available on 2023-03-22 at 02:30 (UTC). Users may not be able to view their daily BNB balance records on Binance Launchpad before this time. Updates on Daily BNB Calculation Mechanism Before: An hourly snapshot to be taken at any point of time. After: Multiple snapshots to be taken at any point of time. Notes:  The update will only apply to Binance Launchpad participants.Users’ VIP levels or the referral program will not be impacted by the new rules. We apologize for any inconveniences. Further Information: FAQ on Launchpad SubscriptionIntroducing the Space ID (ID) Token Sale on Binance Launchpad! Thanks for your support! Binance Team 2023-03-18  Trade on-the-go with Binance’s crypto trading app (iOS/Android) Find us on TelegramTwitterFacebookInstagram Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning. Original link: