Introduction
The Sologenic ecosystem is distributing 200 million SOLO tokens to the XRP and SOLO communities via an airdrop. This guide covers eligibility, claiming methods, and key FAQs to ensure seamless participation.
Key Details
- Snapshot Date: December 24, 2021 (8:00 PM UTC)
- Distribution Date: January 20, 2022 (8:00 PM UTC)
- Total Airdrop Pool: 200,000,000 SOLO (split equally between XRP and SOLO holders)
Eligibility Criteria
โ Requirement: Establish a TrustLine to the SOLO Gateway address and hold XRP/SOLO during the snapshot.
๐ Learn how to set up a TrustLine
FAQs
1. What is a TrustLine?
A TrustLine enables holding non-XRP currencies (like SOLO) on the XRP Ledger by specifying a limit for the asset.
2. How is the airdrop calculated?
- XRP Holders: 100M SOLO distributed proportionally based on XRP balances.
- SOLO Holders: 100M SOLO distributed proportionally based on SOLO balances.
Example: If the total qualified XRP is 500M, each XRP holder receives 0.2 SOLO per XRP.
3. How to Claim via SOLO Wallet?
- Download the SOLO Wallet app.
- Activate SOLO by adding a TrustLine (requires 10 XRP reserve).
- Hold XRP/SOLO until the snapshot.
4. What if my XRP/SOLO is on an exchange?
Contact your exchange to confirm participation. For guaranteed eligibility, transfer assets to a self-custody wallet (e.g., SOLO Wallet, XUMM, Ledger).
5. How does this airdrop affect SOLOโs supply?
No new tokens are minted. The 200M SOLO comes from pre-existing, locked reserves.
Advanced Claiming Methods
Via Sologenic.org DEX
- Connect a supported wallet (e.g., XUMM, Ledger).
- Navigate to "Wallet" > Activate SOLO.
Via XUMM
- Open XUMM > Add "Sologenic" issuer.
- Sign the SOLO TrustLine transaction.
Support the Ecosystem
- Report bugs or suggest improvements.
- Contribute code on GitHub.
- Join regional community initiatives.
๐ Explore more about Sologenic
Join the Core Team
Developers passionate about XRPL can email [email protected].
Note: All claims require an active TrustLine by the snapshot date.