Binance to Airdrop USDC to FRONT and SLF Holders After Token Rebrand Completion
In response to community feedback, Binance has announced adjustments to the total supply of SLF tokens following a recent brand upgrade. As part of this initiative, USDC tokens will be distributed to eligible users holding FRONT and $SLF tokens, with the SLF team sponsoring the airdrop.
A snapshot of FRONT token holdings was taken at 00:00 UTC on August 28, which included users' holdings in Spot and Funding Wallets. The SLF snapshot occurred at 00:00 UTC on September 2, covering Spot, Funding, Margin, and Earn Wallets.
Users who held FRONT or SLF tokens in Binance Wallets at the time of the snapshots will receive USDC from a pool of 1 million tokens, with distribution proportional to their recorded holdings.
In August, Binance supported the rebranding of Frontier’s token to Self Chain's SLF token. As part of this process, Binance delisted all existing FRONT spot trading pairs, canceled spot trading orders, and launched trading for SLF pairs, swapping the tokens at a 1:1 ratio.
This rebranding followed a Frontier proposal, which received unanimous approval earlier this year. Frontier and Hot Cross have since merged to form Self Chain, a new Layer 1 blockchain offering a Modular Intent-Centric Access Layer and Keyless Wallet Infrastructure, aimed at simplifying cryptocurrency wallet management.
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