The cryptocurrency landscape continues to evolve with exciting opportunities for token holders, and one of the latest developments involves the upcoming Wise Monkey (MONKY) airdrop. OKX has announced its support for the MONKY airdrop distribution to eligible ApeCoin (APE) and Floki (FLOKI) holders in select jurisdictions. This initiative offers a unique chance for users to receive free tokens based on their existing crypto balances—provided they meet specific eligibility criteria.
While participation is not guaranteed across all regions, OKX remains committed to facilitating fair and transparent airdrop distributions in compliance with local regulations.
👉 Discover how you can qualify for exclusive crypto rewards today.
MONKY Airdrop Snapshot Details
To ensure fair allocation, OKX will take snapshots of user balances at two distinct times, one for each qualifying asset:
- APE holders: Snapshot recorded at 00:00 UTC on November 29, 2024
- FLOKI holders: Snapshot recorded at 00:00 UTC on December 15, 2024
These timestamps are critical. Only users who maintain the minimum required balance in their OKX accounts at these exact moments will be considered eligible for the airdrop.
It's important to note that deposits must be fully confirmed and credited to your OKX trading, funding, or Grow (Earn products) account before the snapshot. Assets in transit, pending withdrawals, or incomplete deposits will not count toward eligibility.
Eligibility Requirements for MONKY Airdrop
To qualify for the MONKY airdrop, users must meet the following conditions:
- Hold at least 1 APE in an OKX trading, funding, or Earn account at the time of the APE snapshot.
- Hold at least 1 FLOKI in an OKX trading, funding, or Earn account at the time of the FLOKI snapshot.
- Each token’s eligibility is assessed independently—meaning holding APE does not automatically qualify you for the FLOKI-related distribution, and vice versa.
Additionally:
- Negative equity, including outstanding loans denominated in APE or FLOKI, will be excluded from the snapshot calculation.
- If you have active loans using APE or FLOKI as collateral, any airdropped MONKY tokens may be used to repay those obligations.
Important: Users with open loan positions in APE or FLOKI are strongly advised to settle their debts prior to the snapshot date. Failure to do so could result in automatic repayment using the received MONKY tokens.
MONKY Distribution Ratios
The amount of MONKY tokens distributed will vary depending on which asset you hold:
- APE Holders: Receive a fixed allocation of 804,828 MONKY tokens, distributed proportionally among all eligible APE holders.
- FLOKI Holders: Receive MONKY at a conversion rate of 0.35 MONKY per 1 FLOKI held at snapshot time.
This means your final reward depends directly on your balance at the precise moment of the snapshot. The higher your balance (above the 1-token threshold), the greater your share of the total airdrop pool.
For example:
- A user holding 1,000 FLOKI would receive 350 MONKY (1,000 × 0.35).
- Multiple APE holders collectively share the 804,828 MONKY pool based on their relative holdings.
When Will MONKY Be Distributed?
OKX will distribute MONKY tokens after receiving the full airdrop allocation from the project issuer. While no exact date has been set, OKX will publish a follow-up announcement once distribution begins.
Please understand that:
- OKX does not guarantee that the airdrop will occur.
- Distribution depends entirely on the issuing team delivering the tokens as planned.
- OKX disclaims liability should the airdrop be canceled or modified by the issuer.
Users are encouraged to monitor official OKX channels for updates regarding receipt and availability of MONKY tokens.
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Will MONKY Be Listed for Trading?
As of this announcement, OKX does not support spot trading for MONKY. However, if the platform decides to list MONKY in the future, it will issue a separate public notice outlining trading pairs, launch dates, and other relevant details.
This is common practice for newly launched tokens, especially those distributed via airdrop. Listing decisions depend on multiple factors including market demand, regulatory compliance, technical integration, and security reviews.
Frequently Asked Questions (FAQ)
Q: Can I deposit APE or FLOKI after the snapshot and still qualify?
A: No. Only balances present in your OKX account at the exact snapshot time (November 29 for APE, December 15 for FLOKI) will be counted. Late deposits will not be included.
Q: Do staked or earning accounts count toward eligibility?
A: Yes. Balances in OKX Grow (Earn products), funding, and trading accounts all qualify as long as they contain at least 1 APE or FLOKI at snapshot time.
Q: What happens if I withdraw my APE or FLOKI before the snapshot?
A: You will lose eligibility. Your balance must remain in your OKX account until after the snapshot is taken.
Q: Are there any fees to receive the MONKY airdrop?
A: No. The airdrop itself is free for eligible users. However, if you later choose to trade or withdraw MONKY, standard network or trading fees may apply.
Q: Can I participate if I live outside supported jurisdictions?
A: Unfortunately, no. The airdrop is only available to users in certain regions due to regulatory restrictions. Check OKX’s official announcements for updated jurisdictional support.
Q: Is there a maximum limit to how many MONKY tokens I can receive?
A: There is no stated cap per user. For FLOKI holders, rewards scale linearly with holdings (0.35 MONKY per FLOKI). For APE holders, total distribution is capped at 804,828 MONKY shared among all eligible participants.
Final Thoughts and Next Steps
The Wise Monkey (MONKY) airdrop represents a valuable opportunity for existing APE and FLOKI holders to expand their crypto portfolios at no additional cost. By meeting simple balance requirements and ensuring timely account activity, users can position themselves to benefit from this distribution.
However, proactive preparation is key:
- Verify your holdings well before the snapshot dates.
- Avoid transferring APE or FLOKI around snapshot time.
- Repay any outstanding loans to prevent unintended use of airdropped tokens.
Even though MONKY isn't yet tradable on OKX, early participation could offer future advantages once trading goes live—if supported.
👉 Secure your spot in the next big crypto event—start preparing now.
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