Binance addressed a data delay issue with Pudgy Penguins ($PENGU) token information provided by CoinMarketCap. The inaccurate data affected market capitalization and FDV displayed during the token’s listing on Binance Spot. As a goodwill gesture, Binance will distribute 135,000,000 PENGU tokens to eligible users who traded PENGU between 2024-12-17 14:00 UTC and 2024-12-17 14:37 UTC.
Key Points for Traders:
1. Airdrop Eligibility:
• Applies to users who purchased PENGU on Binance Spot during the snapshot period.
• Excludes market makers and VIP 4–9 users.
2. Snapshot Period:
• From 2024-12-17 14:00 UTC to 2024-12-17 14:37 UTC.
3. Airdrop Rules:
• Airdrop amount is proportional to the user’s PENGU purchase volume during the period.
• Formula:
(User’s PENGU purchase volume during the snapshot / Total PENGU purchased by eligible users) × 135,000,000 PENGU.
4. Distribution Timeline:
• Airdrop tokens will be credited within 72 hours to eligible users’ Binance accounts.
5. Future Measures:
• Binance is reviewing its data sources and exploring alternatives to improve reliability.
Trading Tips:
• If you traded PENGU during the snapshot period, monitor your account for the airdrop.
• For future listings, be cautious of data discrepancies and cross-check blockchain information directly for accuracy.
DYOR.
Source : Binance
