Binance has announced the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, effectively halting the distribution of 1000PEPPER tokens. This decision, communicated on October 30, 2024, stems from updates by the Chiliz project team.
Key Developments
- Snapshot Cancellation: The fourth snapshot for the 1000PEPPER airdrop will not proceed, altering the expected token distribution timeline.
- Project Team Coordination: Binance cites directives from the Chiliz team as the reason for this change.
Implications for CHZ Holders
Chiliz (CHZ) holders anticipating the 1000PEPPER airdrop will no longer receive tokens via this snapshot. Binance has assured users of future updates once the distribution process is finalized.
Official Guidance
Binance recommends referring to the Chiliz team’s official announcement for clarity. The cancellation reflects a strategic pivot in the 1000PEPPER distribution plan, initially designed to incentivize community participation.
Next Steps
- Timely Updates: Binance pledges to notify users upon completion of the airdrop process.
- Language Discrepancies: The English version of the announcement takes precedence over translations.
Note: Binance retains the right to modify or retract this announcement without prior notice, emphasizing the volatile nature of digital assets. Investors are advised to exercise caution and seek professional financial counsel.
For ongoing crypto news, follow Binance’s official channels.
FAQ
Q: Why was the 1000PEPPER airdrop snapshot canceled?
A: The decision followed updated instructions from the Chiliz project team, as disclosed by Binance.
Q: Will CHZ holders receive compensation for the canceled airdrop?
A: Binance has not announced alternative distributions; users should await further updates.
Q: Where can I find official details about the cancellation?
A: Refer to the Chiliz team’s official statement.