Binance Completes Troy Lottery Draw and Will Open Trading For TROY

Fellow Binancians,

Binance has completed the Troy lottery draw, with the results summarized below:

• 15,605 total participants claimed a total of 88,632 tickets during the ticket claim period.
• 11,949 participants had at least one winning ticket (76.57% user win rate).
• 20,000 tickets won out of the 88,632 tickets claimed (22.57% ticket win rate).

Detailed Lottery Draw Results

Binance will also open trading for TROY/BNB, TROY/BTC and TROY/USDT trading pairs at 2019/12/05 2:00 AM (UTC).

TROY Listing Fee: 0 BNB.

Note:

• Please ensure that you have sufficient BNB in your account based on the number of your winning tickets. Users will have 24 hours until 2019/12/05 8:00 AM (UTC) to credit their exchange accounts with BNB, at which point the distribution of TROY will be complete. Please note that BNB in open orders, margin accounts or lending products will not be able to be deducted.
• The token purchase price was set at 1 TROY = 0.00032875 BNB/ 0.005 USD (using a BNB price of 15.2090 USD), as per the previous announcement here.
• The Troy (TROY) BEP2 asset page is available here: https://explorer.binance.org/asset/TROY-9B8.

Results for 30,000,000 TROY Airdrop!

A pool of 30,000,000 TROY tokens (approx 150,000 USD) will be split and airdropped to all launchpad participants that do not have a winning ticket. 

The amount airdropped to each participant that does not have a winning ticket will be calculated as = (Number of non-winning tickets held by each non-winning participant / Total number of non-winning tickets across all non-winning participants) x Total Airdrop Pool. Please note that if you do have a winning ticket, you will not be eligible for the airdrop.

Based on the Troy Launchpad lottery results, the total number of tickets claimed by the 3,656 non-winning participants was 5,464. As such, the number of TROY airdropped for each ticket claimed by a non-winning participant will be 5,490.48316 TROY. 

As promised, Binance will also airdrop a pool of 10,000,000 TROY tokens (approx 50,000 USD) to users with account verification from an eligible country or region who did not claim tickets, but held at least 50 BNB at 2019/12/03 00:00 AM (UTC). Users can confirm receipt of this airdrop via the “Distribution History” page in the User Center. 

Details:

• About Troy (TROY)
• Fees
• Rules

Further Information:

• Troy (TROY) Project Research Report
• Introducing the Troy (TROY) Token Sale on Binance Launchpad
• The Troy (TROY) Token Sale & Ticket Claim Will Begin Shortly

Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your investment losses.

Thanks for your support!

Binance Team

2019/12/04

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