Binance will support the upcoming airdrop of snglsDAO Governance Token (SGT) for SingularDTV (SNGLS) holders. The airdrop snapshot is expected to take place at an Ethereum block height of 10,272,100, or approximately 2020/06/15 6:00 PM (UTC)
We will take a snapshot of all SNGLS tokens held by Binance users at the above Ethereum block height, and will distribute SGT tokens at a ratio of 1 SNGLS = 1 SGT. SNGLS deposits and withdrawals will be suspended starting from 2020/06/15 1:00 PM (UTC) and will reopen after the snapshot is complete. Please note that trading of SNGLS will not be affected during this period.
- SNGLS tokens that are pending deposit or withdrawal at the time of the above snapshot will not count towards your SNGLS balance. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
- SNGLS balances under 1 SNGLS (including those in trade orders) will not be eligible to receive the SGT token.
- SNGLS tokens held in sub-accounts will be combined into the corresponding master account. Sub-accounts will not separately receive any SGT tokens.
- For trading and listing of SGT on Binance, SGT will go through the same strict listing review process as Binance does for any other coin/token. The default position we have is no listing.
For further information, please refer to the original announcement: SGT AIRDROP.
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