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KEY & KEYFI Airdrop for KEY Hodlers on Binance Completed
The airdrop distribution of the KEY & KEYFI tokens to eligible KEY token hodlers on Binance is now complete.
In February, we announced eligible KEY token hodlers on Binance would receive not one but two airdrops – KEYFI & KEY tokens.
Both the airdrops, planned with five snapshots, with the KEYFI token one happening on the 28th of each month starting from 28th February 2021, and the KEY token one, happening on the 8th of each month starting from 8th March 2021.
The airdrop design was in such a way that the average holding of the user over the five snapshots was to be used for the airdrop distribution. Such a design primarily ensured that users could maximize their holdings over these five months. Moreover, it also helped users who missed a snapshot to participate in the airdrop by holding enough tokens that would make up for the missed snapshot.
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After the completion of the fifth snapshots for KEYFI and KEY on 28th June 2021 and 8th July 2021, respectively, the distribution of the airdrop to eligible hodlers was completed on 13th July 2021.
The distribution of the tokens brings a culmination to the five-month-long process to distribute KEY & KEYFI tokens in a fair way to the eligible KEY token hodlers.
We like to thank the SelfKey & KeyFi community for their active participation in both the airdrops and making these airdrops programs an immense success for SelfKey and KeyFi.