Floki announced the completion of the Simon's Cat ($CAT) token airdrop, a cryptocurrency inspired by a popular cartoon series. The event aimed at rewarding Floki Inu ($FLOKI) holders with free $CAT tokens.
$CAT: Token Allocation
According to the official statement from Floki, 3.5% of the total $CAT token supply, equivalent to 315 billion tokens, was allocated for this airdrop. The distribution was based on two snapshots taken on August 22, 2024, at 12:00:00 UTC and on August 29, 2024, at 23:59:59 UTC. Additionally, 1.5% of the total token supply was allocated to users of the Floki Trading Bot, with further details promised in a forthcoming post.
Snapshot Error Causes Disruption
Some users were unable to enjoy their free tokens due to an error in the initial snapshot date set by Binance for August 24 instead of the correct date of August 29. As a result, some users received excess $CAT tokens, while others didn’t receive any. Binance temporarily suspended $CAT withdrawals and began reprocessing the airdrop, aiming to complete the process by the end of September 11.
Floki reassured its community that users will see the adjustments reflected in their Binance records once the reprocessing is complete.
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