Great news! We’re excited to announce our support for the upcoming $SOLO airdrop following the snapshot scheduled for 12/24/21 at 8:00 PM UTC.
Customers who hold $XRP on Uphold on that specific point in time will be credited their SOLO tokens shortly following the airdrop.
- Each eligible user will be credited SOLO tokens based on the formula below:
- Amount received by eligible customer = (Amount of XRP held by an eligible customer in their Uphold account / Amount of XRP held by all eligible customers in their Uphold accounts) * Amount of SOLO received by Uphold
- Initial support will not include trading or withdrawals
- Users in blocked jurisdictions or whose accounts are subject to restrictions at the time of distribution will not receive the SOLO airdrop. For more information, please refer to Uphold’s FAQ page
- The SOLO airdrop is currently expected in January, and we expect to credit Uphold accounts with SOLO shortly thereafter.
What is Sologenic?
Sologenic is a protocol based on the Ripple network, providing on-demand tokenization of securities, stocks, ETFs, commodities, and other non-blockchain assets.