Evernode – a layer 2 smart contract solution built on top of the XRP Ledger (XRPL) – announced the first details of its airdrop intended to reach XRP holders.
Such investors should provide a snapshot of their possessions by the beginning of September and must hold their tokens on-chain.
- The team behind the decentralized platform revealed that it will airdrop 5,160,960 Evers to eligible XRP holders. Investors will be required to send a snapshot of their stash (stored directly on-chain and not through an exchange) until September 1.
“Because we’ll launch on the Hooks sidechain and because that sidechain will include a burn2mint, we need to snapshot the XRP Ledger before the Hooks sidechain goes live,” Evernode explained.
- The token distribution will mainly focus on investors with balances of up to 50,000 XRP. Those owning more will need to hold it in separate accounts to benefit from the contribution.
- Evernode promised to give further details once there is more information about the launch of the Hooks sidechain.
- Subsequently, the team reminded that the airdrop is a gift, meaning not all XRP holders will be granted portions of the new token:
“While we’ll use our best endeavors, we don’t in any way promise/warrant that you’ll receive any particular number of Evers. For any reason – or for no reason – we may decide not to proceed with the airdrop in this manner, or at all.”