According to BlockBeats, on September 6, Binance announced that it has updated the announcement based on community feedback to supplement the increase in the total supply of SLF tokens after the brand upgrade. USDC will be airdropped to qualified users holding FRONT and SLF, and the airdrop is sponsored by the SLF team.
Details of snapshot time:
FRONT snapshot time: 08:00 (GMT+8) on August 28, 2024, user’s positions in spot and fund wallets.
SLF snapshot time: 08:00 (GMT+8) on September 2, 2024, users’ positions in spot, funds, leverage and financial wallets.
Distribution rules: Qualified Binance users who hold FRONT and/or SLF at the above snapshot time will receive USDC from the 1,000,000 USDC pool, and the proportion will be distributed based on the holdings in their Binance wallets at the snapshot time; USDC distribution will be completed for eligible users before 08:00 (ET) on September 13, 2024.
