Binance announced an airdrop for Chiliz (CHZ) holders.
The world’s largest cryptocurrency exchange Binance has announced that it will support the planned Pepper (1000PEPPER) airdrop for Chiliz holders. With this airdrop, Chiliz holders will be able to get 1000PEPPER tokens for free by meeting certain conditions.
Important dates for Airdrop
The time frame for the airdrop will be determined by four different snapshots. Binance will perform these snapshots on the following dates:
First snapshot: October 10, 2024, 00:00 (UTC)
Second snapshot: October 17, 2024, 00:00 (UTC)
Third snapshot: October 24, 2024, 00:00 (UTC)
Fourth snapshot: October 31, 2024, 00:00 (UTC)
Each snapshot will be made according to the amount of CHZ that users have, and 1000PEPPER tokens will be distributed based on this amount.
During the airdrop, the symbol (ticker) of 1000PEPPER tokens on Binance will be "1000PEPPER". 150 (1000PEPPER) tokens will be distributed to users for every 1 CHZ. In other words, every 1 CHZ holder will be able to receive 150 1000PEPPER tokens.
Eligibility Criteria
Users with CHZ balances below 100 CHZ (including active trade orders) will not be able to participate in the airdrop.
CHZs that are pending in the investment account or in the withdrawal process at the time of the snapshot will not be taken into account.
CHZ balances held in Spot, Margin, Funding Wallets and other accounts will be taken into account.
CHZ purchased with margin or crypto loans will not be included in the airdrop.
Additionally, users with net CHZ debt in their Margin, Credit or VIP Credit accounts will be forced to return the 1000PEPPER tokens they received via airdrop.
Binance will distribute all 1000PEPPER tokens in one go, following four separate distributions made by the project to Binance. Once the distribution is complete, Binance will make an official announcement to its users.