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Binance Will Support the Pepper (1000PEPPER) Airdrop for Chiliz (CHZ) Holders

Binance Will Support the Pepper (1000PEPPER) Airdrop for Chiliz (CHZ) Holders

2024-10-09 06:30

Fellow Binancians,

Binance will support the Pepper (1000PEPPER) airdrop for Chiliz (CHZ) holders.

Airdrop Details

  • Snapshot Time

    • First snapshot time: 2024-10-10 00:00 (UTC)

    • Second snapshot time: 2024-10-17 00:00 (UTC)

    • Third snapshot time: 2024-10-24 00:00 (UTC)

    • Fourth snapshot time: 2024-10-31 00:00 (UTC)

  • Airdrop Ratio

    • Pepper token will assume the ticker of 1000PEPPER on Binance. This is different from the on-chain display.

    • The airdropped 1000PEPPER amount for each user holding CHZ will be calculated based on the ratio of 1 CHZ = 150 (1000PEPPER), where 150 (1000PEPPER) will be airdropped for every 1 CHZ.

  • Snapshot Wallets

    • CHZ balances under 100 CHZ (including those in trade orders) will not be eligible for the airdrop.

    • CHZ tokens that are pending deposit or withdrawal at the time of the snapshot will not count towards a user’s balance.

    • Snapshots will include CHZ holdings and liabilities in Spot Wallets, Funding Wallets, Margin Wallets, Simple Earn Flexible Accounts, Flexible Loan and VIP Loan Accounts, margin balance from COIN-Margined Futures Accounts (excludes USDⓈ-Margined Futures Accounts). Undistributed CHZ interest payments will not be included.

    • CHZ borrowed from Margin or Crypto Loans, or CHZ transferred to Spot Wallets from these accounts, will not be eligible for the airdrop.

    • Users with net CHZ liabilities on Margin, Loans, or VIP Loans will need to return the equivalent amount of 1000PEPPER airdropped.

  • Distribution Time

    • Binance will distribute the 1000PEPPER tokens in one go after the project has completed the four distributions of 1000PEPPER tokens to Binance. We will post a further announcement once the distribution to Binance users is completed.

Please Note:

  • Deposits and withdrawals of CHZ tokens will not be impacted.

  • Spot, Margin, and Futures trading and Binance Earn services will not be impacted during the airdrop.

  • Binance will handle all technical requirements for users involved in this event.

  • For trading and listing of 1000PEPPER on Binance, 1000PEPPER will go through the same strict listing review process as Binance does for any other coin/token. Supporting this airdrop does not guarantee the listing of 1000PEPPER. Binance does not guarantee any listings as per our internal policy.

  • Users must complete account verification (KYC) and also be from an eligible jurisdiction to be eligible for the airdrop.

  • Users may refer to the announcement from the project team for more information.

Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-10-09

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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