Gate.io Supports COREUM Airdrop to Holders of Coreum (COREUM), Sologic (SOLO) , and XRP (XRP)

Announcements Gate.io Supports COREUM Airdrop to Holders of Coreum (COREUM), Sologic (SOLO) , and XRP (XRP)

2023-03-21 08:02:39 UTC 32632 Read

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In order to incentivize more crypto communities to participate in the Coreum ecosystem, the Core team has decided to unlock and airdrop 100,000,000 COREUM tokens to COREUM holders and 50M xCOREUM tokens to SOLO and XRP holders. Gate.io will support this airdrop plan.

Gate.io will suspend the deposit and withdrawal of COREUM on March 23, 2023, 02:00 a.m. UTC. The trading of COREUM as well as the deposit, withdrawal, and trading of SOLO and XRP will not be affected. We will take a snapshot of users’ COREUM, SOLO, and XRP holdings on March 24, 2023, 4:00 a.m. UTC, and will distribute the COREUM tokens to eligible COREUM, SOLO, and XRP holders on the platform once we receive them.

The snapshot will include the token balances in the wallets, lending accounts, and margin accounts, but excludes your outstanding loan amount. If you have any outstanding loan over the snapshot time, you will have to repay the lender the airdrop tokens as well. If you don’t want to deal with the extra airdrop token repayment, please repay your loan beforehand.

For Gate.io users, you do not have to do anything in particular , we will credit the COREUM airdrop to your Gate.io account directly as soon as we have received them. If you wish to get your COREUM token credited to your Gate.io account directly, please deposit COREUM, SOLO, and XRP to Gate.io before the snapshot date. To ensure that the tokens are successfully airdropped to your account, the project team suggests that users do not move COREUM, SOLO, and XRP tokens during the snapshot period.

For more details about the airdrop, please refer to COREUM's official announcement:
https://sologenic.medium.com/coreums-mainnet-launch-date-new-airdrop-and-upcoming-plans-for-q1-2023-f4294e26fb0e
Deposit SOLO:
https://www.gate.io/myaccount/deposit/SOLO
Deposit XRP:
https://www.gate.io/myaccount/deposit/XRP
Deposit COREUM:
https://www.gate.io/myaccount/deposit/COREUM

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Gate.io Team
March 21, 2023

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