Users who hold $chz on Binance and Bitget exchanges are in luck. The leading sports track layer1 Chiliz has officially launched its own meme coin $pepper and will initiate an airdrop to them. Come and claim your benefits.

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How to claim the airdrop

Eligible users: Users who meet one of the following conditions can receive the airdrop

1. An account holding more than 100 CHZ on the Chiliz chain;

2. Accounts with more than 100 CHZ pledged; pledge link:

https://governance.chilizchain.com/staking

3. Users who hold CHZ in Binance and Bitget exchanges;

Airdrop Rules:

Each CHZ held can earn 150,000 PEPPER;

Airdrop time:

There are four airdrops in total, once a week, and the airdrop snapshot times are:

  • 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)

Note: Binance users can receive airdrops after the four airdrops are completed, subject to the announcement released by Binance Exchange.

How to participate in staking

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Staking Rules

1. Stake more than 100 CHZ on the Chiliz official governance website;

2. Each CHZ staked can earn 250,000 PEPPER, with no upper limit;

Staking Time

24-hour collection, lasting about 3 months

$pepper Token Economics

Token: $pepper

Note: On Binance, pepper shows 1000 pepper

Total supply: 8.88 quadrillion, the supply of which is determined by the supply of CHZ, dedicated to 1 $CHZ = 1 million $pepper

Token Allocation:

  • 30% for airdrops

  • 70% for staking

Token Utility: Meme Coin

Summarize

In order to retain old users and attract new users, the CHZ project launched the meme token Pepper to airdrop CHZ user holders for free and reduce the circulation of CHZ in the market through staking. The CHZ token has risen by nearly 40% in recent days. In addition, it is very likely that Pepper will be listed on Biance and Bitget. Old users holding CHZ are better to participate in staking, which can obtain three-party benefits, CHZ staking benefits, Pepper staking benefits and four waves of airdrops.

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