Iris Coleman
October 30, 2024 03:49
Binance announced the cancellation of the fourth airdrop snapshot scheduled for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.
In a recent development, Binance announced that the planned fourth snapshot to airdrop 1000 PEPPER tokens to Chiliz (CHZ) holders will no longer occur. This decision follows an update from the Chiliz project team as announced by Binance on October 30, 2024.
Impact on Chiliz holders
The cancellation of the airdrop snapshot has significant implications for CHZ holders who were expecting to receive 1000PEPPER tokens. Binance stated that it will update users with new announcements once distribution to Binance users is complete.
official announcement
Binance urged users to refer to the Chiliz project team’s announcement for more details on the cancellation. The decision to abandon snapshots marks a notable change in the planned 1000PEPPER token distribution strategy to strengthen community engagement and reward CHZ holders.
For more information, you can check out the official update from the Chiliz team here.
future updates
Binance is doing its best to keep users informed with follow-up announcements on the airdrop completion status. The exchange also noted potential inconsistencies between the English and translated versions of the announcement, recommending that users rely on the English version for the most accurate information.
Binance also reserves the right to modify or cancel this announcement at any time without prior notice to highlight the inherent volatility and risks associated with digital assets. Users are advised to consider their investment strategy carefully and consult a financial advisor if necessary.
To stay informed of the latest developments on this and other cryptocurrency-related news, Binance recommends users stay updated through its official channels.
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