You, as a holder of FLOKI, are in for some action with Binance’s support for the Simon’s Cat ($CAT) airdrop. This ain’t your usual crypto airdrop; Simon’s Cat, the blockchain-based meme coin, is throwing a chunk of its $CAT token supply your way. But you gotta have your FLOKI ducks in a row—specifically, a stash of 400,000 FLOKI tokens minimum.
What’s in the Kitty for You?
Simon’s Cat is allocating 20% of its total $CAT supply to reward you and your fellow FLOKI enthusiasts. Out of this, a substantial 3.5% is reserved for an on-chain airdrop, translating to a hefty 315 billion $CAT tokens up for grabs. If you’ve got FLOKI on the ETH chain, don’t sweat it—you’ll still snag $CAT tokens on the BNB chain, all proportionate to your FLOKI holdings.
This is more than just a one-time payout. The snapshot mechanism will take a freeze-frame of your FLOKI stash at two critical points: first at 12:00:00 UTC on August 22, 2024, and finally at 23:59:59 UTC on August 29, 2024. The bigger your FLOKI hoard at the final snapshot, the more $CAT tokens you get.
Special Perks for Floki Trading Bot Users
But wait, there’s more! If you’re using the Floki Trading Bot, an additional 1.5% of the total $CAT supply is headed your way. This allotment isn’t just dropped in one go; it’s spread out over 30 days, keeping you engaged in the game. The Simon’s Cat team is promising to roll out more details in a special post, so keep your eyes peeled.
Expanding Horizons: More CEXs to Join In
The Simon’s Cat team isn’t stopping at Binance. They’re in the final stages of negotiations with other big-name centralized exchanges (CEXs) to bring even more opportunities to the table. These details are under wraps for now, but rest assured, more info is coming soon.
Why This Matters
This airdrop isn’t just a random windfall; it’s a strategic move designed to reward your loyalty to FLOKI while also introducing you to the fresh $CAT ecosystem. With Binance, the heavyweight champ of crypto exchanges, facilitating the drop, the process will be smooth as silk.