Binance, the world's leading cryptocurrency exchange, has just announced that it will Airdrop USDC to FRONT and SLF holders after its rebranding process is complete.
The announcement of USDC Airdrop for FRONT and SLF holders was posted by Binance on the official website at 20:30 on September 6. The entire amount of USDC Airdrop will be sponsored by the SLF team.
Details about Snapshot time to receive Airdrop:
- FRONT Snapshot takes place at 07:00 (Vietnam time) on 28-08-2024. Token held by users in Spot Wallet and Funding Wallet will be counted.
- SLF Snapshot takes place at 07:00 (Vietnam time) on 02-09-2024. Token held by users in Spot Wallet, Funding Wallet, Margin Wallet and Earn Wallet will be counted.
Distribution rules:
- Eligible users holding FRONT and/or SLF during the above Snapshot times in their Binance Wallet will receive USDC from a pool of 1,000,000 USDC, distributed proportionally based on their holdings at the time of the Snapshot.
- Binance will complete the distribution of USDC to eligible users before 00:00 (UTC) on 2024-09-13. No further announcement will be made.
- Users need to complete account verification (KYC) and be from an eligible jurisdiction to receive the Airdrop.
As Allinstation reported, Frontier recently rebranded to Self Chain to address challenges with traditional EOA wallets, including complex key management and the risk of losing recovery phrases.
Accordingly, the project name, Frontier, and the FRONT token have been changed to reflect the company's new branding, Self Chain. Self Chain's new token will be SLF, and Token will be converted at a 1:1 ratio .
According to the project, this process is crucial to onboard all early adopters and participants into the Self Chain ecosystem with the native SLF Token .
