Evernode, a layer 2 smart contract solution built on top of the XRP Ledger (XRPL), has recently announced an upcoming airdrop that aims to benefit XRP holders. This airdrop presents an exciting opportunity for investors to receive free Evers tokens. In this article, we will explore the details of the airdrop and what it means for XRP holders.
To be eligible for the airdrop, XRP holders must provide a snapshot of their possessions by the beginning of September. It is crucial to hold the tokens on-chain, ensuring they are stored directly on the XRP Ledger rather than through an exchange. By adhering to these requirements, investors can participate in this unique opportunity.
Evernode plans to airdrop a total of 5,160,960 Evers tokens to eligible XRP holders. The distribution will primarily focus on investors with balances of up to 50,000 XRP. However, for those who own larger amounts, it is necessary to hold the tokens in separate accounts to qualify for the airdrop. By implementing this strategy, Evernode aims to provide an equal opportunity for smaller and larger investors.
The Hooks sidechain is a critical component of Evernode’s airdrop process. To ensure a smooth launch and seamless integration, the XRP Ledger must be snapshot before the Hooks sidechain goes live. This step is vital in enabling the burn2mint functionality and ensuring that all processes function as intended.
Additional Details
Evernode has promised to share further information about the airdrop as soon as there are updates regarding the launch of the Hooks sidechain. It is important to note that the airdrop is a gift and not all XRP holders will receive portions of the new token. While Evernode will make their best efforts to distribute Evers tokens, there is no guarantee of a specific amount being received by each holder. It is within Evernode’s discretion to modify or cancel the airdrop for any reason.
The upcoming airdrop by Evernode presents an exciting opportunity for XRP holders to potentially receive free Evers tokens. By participating in the snapshot process and meeting the eligibility requirements, investors can benefit from this unique initiative. As Evernode prepares for the launch of the Hooks sidechain, more details will become available, providing clarity on the timeline and distribution process. While the airdrop is not guaranteed for all XRP holders, it is an opportunity worth considering to potentially reap the benefits of this exciting new token. Stay tuned for updates on the Evernode airdrop and take advantage of this opportunity while it lasts.