In the crypto space, it is not uncommon to find opportunities where certain token holders are rewarded. XRP and such an opportunity for SOLO owners is fast approaching.
An airdrop of XCORE tokens, the token option for the native token of the Coreum blockchain, is planned and that’s how you can claim it.
According to an announcement, XCORE The airdrop snapshot is scheduled for March 24, 2023. During this snapshot, the predictive criterion to determine eligibility for the airdrop will be the total amount of XRP and SOLO held in Upbit accounts.
The XCORE project team announced that the total supply of the airdrop will be 50,000,000 XCORE. Half of this total, 25,000,000 XCORE will be airdropped to XRP holders and the remaining 25,000,000 will be distributed among XCORE SOLO holders.
The final distribution rate will depend on the findings of the snapshot and will be announced later. The expected distribution schedule for the XCORE airdrop is set for May 15, 2023. It is important to note that this timeline may change due to changes in the XCORE team’s schedule. It is worth noting that XRP and SOLO deposits and withdrawals will be temporarily suspended from March 24, 2023, and will resume once airdrop support is complete and stability is restored.
Importantly, if you deposit XRP during this suspension period, it will be removed from the snapshot and ineligible for airdrop. Therefore, if you are aiming to be eligible for the airdrop, it is recommended to deposit XRP before the suspension period begins. xCORE was developed by the Sologenic Development Fund as part of the layer 1 decentralized blockchain Coreum.
Koinfinans.com As we have reported, this airdrop is designed to promote the new Coreum ecosystem and coincides with the launch of Coreum’s mainnet on March 24.