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Evernode Reveals Airdrop Plans for XRP Holders Following Legal Victory

Introduction: In a dramatic turn of events, Ripple (XRP) has emerged victorious in its battle against the U.S. Securities and Exchange Commission (SEC), clearing the path for new developments on the XRP front. Riding on this wave of triumph, Evernode, a layer 2 network, has unveiled an exciting initiative that could reshape the XRP ecosystem. Evernode aims to integrate smart contracts into the XRP Ledger through Hooks, and it’s now set to introduce an airdrop that could further bolster the utility and appeal of the cryptocurrency.

Evernode’s official twitter handle tweeted the following details of airdrop to XRP holders:

 

Section 1: Evernode’s Airdrop Plans In a recent announcement, Evernode detailed its plans for an upcoming airdrop that promises to benefit eligible XRP holders. The highlight of this initiative is the distribution of a staggering 5,160,960 tokens known as “Evers” to those who meet the criteria. The process will unfold in two distinct steps, involving a snapshot of XRP holdings on the mainnet followed by the distribution of the airdrop to qualified accounts residing on the Hooks sidechain.

Section 2: Airdrop Date and Requirements Mark your calendars for a significant date in the XRP community: Friday, September 1, at 6:00 PM AEST. This is when Evernode will capture a snapshot of XRP assets, a crucial step in determining eligibility for the airdrop. To be part of this exciting opportunity, XRP holders must ensure that their holdings are stored directly on the Hooks chain rather than on a cryptocurrency exchange. This requirement underscores the need for direct engagement with the Evernode ecosystem.

Section 3: Evernode’s Airdrop Disclaimer Evernode’s team is approaching the airdrop with a sense of generosity, emphasizing that it is indeed a gift to the XRP community. While the team is committed to making every effort possible to facilitate a smooth airdrop process, they also make it clear that they cannot guarantee every XRP holder will receive an Ever airdrop or a specific quantity thereof. This candid disclaimer highlights the unpredictable nature of such endeavors.

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The announcement of Evernode’s airdrop program comes at a crucial juncture for Ripple and its loyal community. The legal victory over the SEC has opened doors to innovation, and Evernode’s ambitious mission to introduce smart contracts through Hooks aligns perfectly with this momentum. As the September 1 snapshot date approaches, XRP holders stand at the brink of an opportunity that could potentially add value to their portfolios and contribute to the ongoing evolution of the XRP ecosystem. The world watches with bated breath as the next chapter in the Ripple saga unfolds.