Gate will Support SOLO Airdrop Distributions to XRP Holders

Gate will support and distribute the SOLO token to XRP holders on our platform.

According to SOLO token airdrop announcement, a total of 100,000,000 SOLO tokens will be allocated to all eligible XRP holders based on a snapshot taken on Dec 24th, 2021 8:00 PM UTC.



Gate may close the XRP deposits and withdrawal services before the snapshot time, and take a snapshot of users’ XRP balance on Dec 24th, 2021 8:00 PM UTC.



The snapshot will include XRP balances in spot wallets, lending accounts, and margin accounts, but excludes your outstanding XRP loan amount.



If you have any outstanding XRP loan over the snapshot time, you will have to repay the lender the SOLO as well. If you don’t want to deal with the extra SOLO token repayment, please repay your loan beforehand.



For Gate users, you do not have to do anything in particular , we will credit the SOLO airdrop to your Gate account directly as soon as we have received them.If you wish to get your SOLO token credited to your Gate account directly, please deposit XRP to Gate before the snapshot date.



Deposit XRP to Gate : https://www.gate.com/myaccount/deposit/XRP



Learn more: https://sologenic.medium.com/solo-token-dex-nft-marketplace-and-airdrop-e29ca52446bf





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Gate Team

December 23