HomeCrypto NewsMarketKey Dates Revealed for Much-Anticipated Airdrop to XRP Holders

Key Dates Revealed for Much-Anticipated Airdrop to XRP Holders

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Evernode has announced new key dates for its upcoming airdrop to XRP holders.

Evernode, a new smart contract-enabled layer-2 network built atop the XRP Ledger, has shared a significant update about a promised airdrop to XRP holders.

The project took a snapshot for the airdrop on September 1, revealing that qualified XRP holders on the XRPL Ledger will receive 5.16 million Evers (EVRS) tokens, its native asset, when the project launches. 

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However, the airdrop has since been held up by the delayed release of Xahau, a sidechain on which the team would create the Evers token. Xahau finally launched in early November, bringing the airdrop closer to reality.

Evernode, in its most recent update, shared that it will begin the “formal process” of preparing for the airdrop on November 27. On the same date, the team promised to share information about a tool where users can register and safely calculate the amount of Evers token they will receive for each XRP held on the snapshot date.

Meanwhile, the project has tentatively scheduled its official token launch date for 18th December. The tentative plan is because the XRP-based wallet Xumm has delayed enabling support for account cloning using the Xahau network.

Yet, Evernode remains optimistic that the issue will be resolved before its launch date, allowing the token distribution and airdrop to proceed as planned.

Meanwhile, the project has already created a Xahau account for the airdrop. It encouraged users to take note of the address and avoid interacting with malicious actors who may want to use the upcoming airdrop as bait to steal user assets.

Evernode has also completed a successful audit of the core components of its protocol. These preparatory measures are all geared toward facilitating a seamless token release.

Evernode Improves Growing XRPL Ecosystem

Evernode’s impending launch and token release event coincide with a period of growth for the XRPL ecosystem. Recent reports reveal that there are now over 1500 projects in the XRPL ecosystem.

A new layer-2 network and sidechain evidently expands the horizons and gives developers more options. It also paves the way for more efficient dApps that could attract more users to XRPL.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Unifred
Unifred
Unifred is an avid crypto reporter with more than a half-a-decade of experience covering the industry. He considers it a privilege to spread mainstream awareness about this exciting technology that will underpin the future of finance.

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