[Binance Alpha Clarifies MarsCoin Reward Arrangement: Automatic Distribution for Binance Wallet Holders, SPCXB Rewards for CEX Users Based on Holdings] BlockBeats News, August 4th, according to official information, Binance Alpha issued a statement clarifying the reward distribution arrangement for MarsCoin holders. For Binance Wallet holders: rewards will be automatically distributed to users' on-chain Binance Wallet addresses by Flap according to its allocation rules. For Alpha 2.0 holders (CEX): since Flap's rewards will be sent to the Binance Alpha treasury contract address, Binance Alpha will calculate rewards based on users' average monthly holdings, with a random daily snapshot. Users must maintain an average monthly holding of at least 10,000 MarsCoin to qualify. Rewards for the previous month will be distributed in SPCXB form to eligible users' spot accounts at the beginning of the following month. Eligibility to claim rewards is subject to applicable product and jurisdictional restrictions, including whether users are eligible to access bStocks on Binance. Reward distribution is determined by the token deployer in the token contract, utilizing the infrastructure of the standard token issuance platform Flap. Binance acts solely as the distribution coordinator for eligible holders on its platform. [Original Link]