PENGU tokens will be available for redemption at 21:00 on December 18th

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On December 17, Luca Netz, the CEO of the NFT project Pudgy Penguins, announced that the PENGU token will be available for claiming on December 18 at 8 AM EST (9 PM Beijing time). All Pudgy Penguins, Lil Pudgys, Rogs, and SBTs holders can participate, and the claiming period will last for 88 days. Any unclaimed tokens will be permanently locked and burned.

To ensure a smooth claiming process, users should note the following:

They must connect both Ethereum and Solana wallets, and the two wallets must be on the same device;

The Solana wallet balance must maintain at least $10 worth of SOL to pay the Gas fee;

The project team recommends using a desktop device rather than a mobile device for the signing confirmation on both wallets.

Additionally, Pudgy Toys and Pudgy World will be built on the Abstract Chain. After the Abstract mainnet launch, a PENGU cross-chain bridge will be deployed via the LayerZero protocol, allowing Pudgy Toys purchasers to also claim the PENGU tokens. The specific details will be announced in January 2024 along with the Abstract mainnet launch.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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