Binance Launches 12-Week Codatta Booster Event Offering 6% XNY Airdrop

Binance, a prominent cryptocurrency exchange, has introduced the Codatta Booster Event, a 12-week campaign aimed at rewarding users who hold the XNY token. The event, which began on June 25, 2025, at 13:00 (UTC), offers participants the chance to earn a share of up to 0.5% of the total XNY token supply each week. This translates to a total of 50 million XNY rewards distributed in the first week alone.

Eligibility for the Booster Event is open to all Binance wallet users who possess at least 61 Alpha points. These users can submit up to 3 BNB for XNY subscription through the Binance wallet during the event period. Any amount exceeding this limit will not be counted towards the subscription. The Booster Event is part of a broader initiative by Binance to engage its user base and promote the Codatta ecosystem.

In addition to the Booster Event, Binance has also launched a Pre-TGE (Token Generation Event) campaign for the Codatta ecosystem. This campaign allows users to secure XNY tokens before they become tradable, utilizing a unique over-subscription model. The Pre-TGE campaign is scheduled to begin on June 25, 2025, providing users with an early opportunity to participate in the Codatta ecosystem.

The Codatta Booster Event and Pre-TGE campaign are part of Binance's ongoing efforts to foster community engagement and growth within the cryptocurrency space. By offering these exclusive events, Binance aims to incentivize users to hold and interact with the XNY token, thereby enhancing the overall value and utility of the Codatta ecosystem. The 12-week duration of the Booster Event ensures sustained participation and engagement, while the Pre-TGE campaign provides an early access opportunity for users to acquire XNY tokens.

The event targets Binance users and may boost XNY token interest, influencing crypto market dynamics and user engagement. The Codatta Booster Event is organized through Binance Wallet. Users can acquire the token XNY, with eligibility based on holding 61 Alpha Points or more. This event illustrates Binance's strategy to increase user participation.

The immediate effects of the event are seen in the increased demand for Alpha Points and XNY tokens. The campaign aims to sustain user interest over 12 weeks, potentially impacting market behavior and BNB demand. The Booster activity lasts for 12 weeks, and users who complete weekly tasks have the opportunity to share a total of 6% XNY airdrop. The participation requirement is to hold 61 points or more in Alpha points.

Financially, Binance plans to distribute 6% of XNY's supply, affecting transactions within Binance's ecosystem. The distribution could impact users' portfolio allocations, as participants engage with the Pre-TGE structure. Potential outcomes include increased on-chain activity for Binance Wallet users and elevated attention on governance tokens like XNY. Regulatory changes are not expected from this event, given the established use of governance models in crypto ecosystems.