Given the noteworthy events that have occurred since the beginning of the week, it is a fascinating time for the XRP community. On August 28, XRPL, Evernode, and others collectively released the whitepaper for Xahau, the smart contract sidechain for the XRPL ecosystem.
The impending snapshot for Ever’s airdrop, slated for Friday, September 1, at 6:00 p.m. AEST, is expected to heighten anticipation.
In keeping with this, Evernode, a Layer 2 network that seeks to integrate smart contracts into the XRP Ledger using Hooks, has released what it refers to as a “unexpected airdrop update.”
According to Evernode, the EVRS token airdrop was planned with the possibility that exchanges would not support it. It suggests that a few XRP-focused exchanges would be interested in taking part in the airdrop.
To confirm they will be supporting the airdrop, Evernode asks the community to keep an eye out for at least one or maybe two XRP-supported exchanges. It emphasises that participating in the airdrop might not entail being listed for trade.
At this moment, no exchange has said that it will list EVRS for trade when it launches. The Xahau Ledger DEX will be the sole platform where EVRS will trade when it first launches at this time.
The Xahau Ledger is the suggested Hooks sidechain and it stands in for the XRPL ecosystem’s smart contract sidechain.
More on EVRS airdrop
Evernode revealed the basic information about its airdrop, which will happen in two stages, in a previous update.
First, a snapshot of XRP holdings on the mainnet will be taken on September 1 at 6:00 p.m. AEST. Second, based on the owners’ XRP holdings on the mainnet, an airdrop will be given to eligible accounts on the Hooks sidechain.
According to Evernode, it intends to give 5,160,960 Evers to eligible XRP holders. Owners of XRP should retain their coins directly on-chain rather than through an exchange in order to be eligible for any airdrops. This is because in order to receive airdrops, users might need to clone their account on the Hooks sidechain.
Evernode indicated that the requirements remain the same and that client balances over 50,000 would not qualify for further EVRS in its most recent update.
