Coreum token airdrop

$COREUM airdrop is distributed to users who held COREUM tokens at the time of the snapshot (24th March 2023, 04:00 am UTC). Token distribution started on April 1st, 2023 (25% of total airdrop allocation). The remaining 75% of the airdrop will be distributed on June 1st, August 1st, and November 1st, 2023 (25% on each date).

To qualify for the $COREUM airdrop, you need to hold a minimum of 4 COREUM at the time of the snapshot.

After the snapshot, the Coreum Foundation reported the ratio to be 1.102202 COREUM.

Example:

• $COREUM held at the time of the snapshot: 10 COREUM
• TOTAL $COREUM to be credited = 10 * 1.102202 = 11.02202 COREUM

Everything you need to know about snapshot and distribution timelines can be found in the table below, which has been taken from Coreum’s official Medium post.

You can visit their page for more details.

 

$xCORE is an option token for the $COREUM token.

This means $xCORE tokens can be exchanged for CORE tokens on a 1:1 ratio when one of the following conditions is met:

• $COREUM token price reaches and stays above $10.00 for 240 consecutive hours.
• When the option expires, March 24, 2025, at 04:00 AM UTC.

To simplify the $xCORE airdrop distribution process, Uphold will simply credit the eligible users' account with their share of COREUM tokens when either of the two conditions outlined above are met.

To qualify for the $xCORE airdrop, you need to hold XRP, and/or SOLO at the time of the snapshot (24th March 2023, 04:00 am UTC).

$xCORE will not be listed at Uphold since it is an option token for the $COREUM token (1:1 ratio).

To simplify the $xCORE airdrop distribution process, Uphold will directly credit the eligible users' accounts with their share of $COREUM tokens when either of the two conditions is met.

• $COREUM token price reaches and stays above $10.00 for 240 consecutive hours.
• When the option expires, March 24, 2025, at 04:00 AM UTC.

As per the Coreum Foundation’s official post, the ratio of the $xCore airdrop is:

• SOLO holders: = 0.124734 xCORE
• XRP holders = 0.002493 xCORE

Example:

• SOLO held at the time of the snapshot: 10 SOLO
• TOTAL $COREUM to be credited (once one of the two conditions is met):
  • 10 SOLO * 0.124734 = 1.24734 COREUM
    
    
• XRP held at the time of the snapshot: 10 XRP
• TOTAL $COREUM to be credited (once one of the two conditions is met):
  • 10 XRP * 0.002493 = 0.02493 COREUM
    

Everything you need to know about snapshot and distribution timelines can be found in the table below, which has been taken from Coreum’s official Medium post.

You can visit their page for more details.