The first and basic information on Evernode’s airdrop to XRP holders has been released. Evernode is a Layer 2 network that seeks to introduce smart contracts through Hooks to the XRP Ledger.
Evernode revealed its preparations for its launch earlier this year. The restart of the Evernode beta on the Hooks V3 testnet was announced in April as a step towards this objective.
According to information given by Evernode, an audit of the Hooks V3 testnet may start as early as mid-August.
Evernode has released the preliminary information on its airdrop to XRP holders as it appears that its plans for launch are coming together.
A considerable amount of Evers, the protocol’s intended native currency, is set aside for an airdrop to XRP holders after the protocol’s debut, according to the Evernode whitepaper.
Evernode has announced that the XRPL snapshot will be place on Friday, September 1, at 6:00 p.m. AEST.
Evernode gave an explanation for choosing to take an earlier snapshot before launching, stating that because the Hooks sidechain launch would have a burn2mint, it will be necessary to take an earlier picture of the XRP Ledger.
Here’s how to claim
According to Evernode, it will airdrop 5,160,960 Evers to qualified XRP holders.
The airdrop will happen in two stages: first, on September 1 at 6:00 p.m. AEST, a snapshot of XRP holdings on the mainnet will be taken. Next, qualified accounts on the Hooks sidechain will receive an airdrop based on their owners’ XRP holdings on the mainnet.
Owners of XRP must keep their coins directly on-chain, not through an exchange, in order to be eligible for any airdrops. This is because they might need to clone their account on the Hooks sidechain in order to receive airdrops.
Since the airdrop is being offered as a gift to XRP holders, XRPL Layer 2 maintains the authority to choose how many Evers will be given to each recipient and how much will be given overall.
