💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

XRP Community: What XRP Holders Need to Know About Evers Airdrop

Published 2023-12-11, 09:44 a/m
XRP Community: What XRP Holders Need to Know About Evers Airdrop
XRP/USD
-

U.Today - , a layer-2 protocol on the XRP Ledger, has announced an important update for XRP holders participating in the Evers airdrop.

Evernode has announced that registrations for the Evers airdrop, which began shortly after a Nov. 27 timeline update, have concluded. Evernode earlier indicated that the airdrop registration would close on Dec. 11 at 6:00 p.m. AEDT.

XRP addresses that participated in registration totaled 38,478 out of 432 million qualifying XRP addresses and 2.039 billion XRP addresses on exchanges.

On Sept. 1, Evernode held an snapshot to determine qualifying XRP addresses, with two exchanges, Bitrue and Uphold, indicating support.

What's next?

According to Evernode, the registration process, where users import or clone their XRPL r-address onto Xahau and set a trustline for the Evers issuing address, was the first step to receiving their Evers airdrop.

As this has now concluded, the next step for Evernode would be to collate all the addresses, tally all the balances, calculate the Evers/Qualifying XRP Held and then program and test the Airdrop Hook.

Evernode will be using an Airdrop Hook to airdrop a total of 5,160,960 Evers to r-addresses on Xahau in proportion to the share of qualifying XRP held in each matching r-address on XRPL based on the Sept. 1 snapshot.

Evernode also adds that, hopefully, Xumm Wallet will release its Xahau update soon.

In a previous update, Evernode indicated a targeted launch date of Dec. 18 for the Evers airdrop, when it will deposit the 5,160,960 Evers into the Airdrop Hook. The address of the hook will be known and published at that time.

However, the process outlined above may not apply to customers of the two participating exchanges, Bitrue and Uphold. Evers will be calculated and sent to users on these exchanges via a separate process on the launch date. These exchanges will then distribute the Evers to their customers’ accounts.

Evernode stresses that XUMM remains the only wallet that will support all the functions necessary to claim the Evers airdrop.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.