- On December 24th at 21:00 hours (CET) a snapshot will be made of all accounts that hold Ripple (XRP)
- Only accounts with more than 25 XRP are eligible for the airdrop.
How much SOLO will I get?
Accounts receive SOLO tokens in proportion to the XRP balance in their wallet. The amount you receive is determined by the XRP you hold at the time of the snapshot. The total XRP held by Coinmerce at the time of the snapshot will be distributed pro-rata. The amount of XRP owned at the snapshot time divided by the total XRP held by Coinmerce at the snapshot time times the total SOLO received by Coinmerce in the airdrop. For example, if you own 10% of Coinmerce's XRP supply this means you'll get 10% of the platform's received airdrop total.
The actual time of distribution is currently planned for late January 2022 but is ultimately determined by Sologonic. Coinmerce supporting the SOLO airdrop does not mean listing of the token is guaranteed.
Learn everything about XRP in our knowledge base article: "What is XRP?
". For more information about the SOLO airdrop see the official Sologenic blog