Q: Who is eligible for the SOLO Token Distribution?
O: Anyone who establishes a trust line for a SOLO gateway address and owns XRP and / or SOLO at the time the snapshot is taken is eligible for an airdrop.
Q: What is TrustLine?
A: TrustLine is a feature from XRP Ledger that allows you to issue currencies other than XRP and transact between accounts. It also allows accounts to have a “limit” on the currency they want to hold.
Q: When is the snapshot and the date and time of distribution?
O : On December 24, 2021 at 20:00 UTC (23:00 UTC), a snapshot of the XRP ledger will take place and we will scan accounts using TrustLines to the SOLO gateway. Those with TrustLine installed will be on the list to receive tokens on January 20, 2022 at 20:00 UTC.
‼ ️CAUTION: The picture may take some time.
Q: How many SOLO will be distributed?
O: A total of 200,000,000 SOLO will be handed out to the eligible community.
Q: What is the airdrop ratio for XRP and SOLO holdings?
O: 100,000,000 SOLO will be redirected to accounts (with TrustLines installed) that contain XRP, and another 100,000,000 SOLO will be redirected to accounts that contain SOLO.
Q: Will I get a SOLO giveaway if I have XRP and / or SOLO?
O: if you have both XRP and SOLO, you will receive an airdrop for both accounts (depending on the balance of each XRP or SOLO account, the amount of airdrop may be different). If you only have XRP at the time the snapshot is taken, you will only receive SOLO from the 100M pool dedicated to XRP. If you only have SOLO at the time of snapshot creation (XRP account reserve also counts as positive XRP balance), you will receive an airdrop from a pool dedicated to both.
Hence, if you have both, you will receive an airdrop from both pools, if you only have one currency, you will receive an airdrop from that particular pool.
Since it is not possible to conduct a TrustLine with a balance of 0 on the SOLO gateway, Joe will receive a portion of the 100M pool allocated to SOLO AND a portion of 100M allocated to the XRP pool (with 12 XRP as his contribution.).
Q: How does this airdrop affect the delivery of SOLO?
O: About 2 years ago, 400,000,000 SOLOs were created for use in the Sologenic Ecosystem. Of those 400,000,000, more than half have been locked down for use as a potential airdrop for community expansion. This means that the team does not mint new tokens (which is impossible due to the fact that Sologenic Gateway burnt its address and technically cannot mint new tokens) and does not actually increase its supply, causing inflation.
Q: How many SOLO will I get from this giveaway?
O: Depending on the number of accounts that have pledged the giveaway, 200M SOLO will be allocated according to the total pledged amount.
Q: How do I apply via SOLO Wallet (SOLO DEX mobile app and Wallet)?
O: The SOLO Wallet (SOLO DEX mobile app and Wallet) is a full featured XRPL wallet with embedded DEX provided by the core Sologenic team. You can use this app to securely store your SOLO, XRP or other issued currencies in an XRP Ledger.
1- Download the app for your device
App Store: https://apps.apple.com/ca/app/solo-wallet/id1497396455
Google Play Store: https://play.google.com/store/apps/details?id=com.sologenicwallet
2- Follow the instructions on the screen and accept the terms.
3- Create a new wallet (if you already have one, skip to step 11)
4- Choose a name for the new wallet and choose a strong password (this password is required to sign transactions)
5- Write down the 12 word recovery words in a safe place offline. (DO NOT SHARE this with anyone)
6- Confirm the recovery phrase by selecting them in the order in which they were displayed on the last screen.
7- After finishing your wallet setup
8- At this point, you must fund your wallet with at least 10 XRP in order to activate it.
9- You can copy your address or view the QR code to send XRP from another wallet. Please note that you do not have a destination tag with this wallet.
10. After sending XRP, your wallet should show a positive balance, which indicates that your account is now active. To activate the SOLO currency on the wallet, click “SOLO” (at this stage it says that it is not activated).
11- Click “Activate” and enter your account password. After a few seconds, you will see a pop-up message stating that your SOLO wallet has been activated.
Click Finish and go to the main wallet screen.
Now you can see that your SOLO wallet is activated, and the inscription “NOT ACTIVATED” has been removed.
You can now send, receive, buy and sell both SOLO and XRP using this wallet. To trade, simply click on the DEX tab and browse the markets available for XRPL DEX. You can add your own pairs and add them to favorites for future trading.
Your SOLO and XRP balance is now considered eligible for the SOLO airdrop. Please note that the snapshot will be taken on December 24th at 20:00 UTC and your balance as of that date and time will be taken into account in calculating the amount of the giveaway you receive.
After the snapshot, the airdrop amount (calculated based on the total number of applications) will be automatically distributed to this wallet, and no additional action is required on your part.
Q: How do I apply through Sologenic.org DEX?
A: Sologenic.org is a decentralized exchange built on top of XRP Ledger that allows users to connect their wallets (Sologenic DEX wallet / SOLO wallet, XUMM, Ledger Device, D’CENT) and trade DEX or conduct basic wallet transactions. such as adding TrustLine, changing account settings, etc.
1. First go to Sologenic.org and click on “Access DEX”.
2- Then click on “Connect Wallet” in the menu bar and select the desired wallet. If you chose SOLO Wallet or XUMM, you should have already created your account with them in order to receive a notification or scan a QR code. For hardware devices like Ledger Device and D’CENT, connect them to your computer and follow the instructions on the screen.
3- After connecting the signature wallet, go to the “WALLET” tab in the menu bar. You will notice that SOLO is already in the list of currencies, but its status says “Inactive”. Click the Activate button on the right side of the field.
4- You can confirm that you are adding SOLO currency to your wallet, click Next.
5- Confirm the transaction.
6- At this point, you must sign this transaction with the wallet you connected to earlier. Follow the instructions on the screen to sign the transaction.
7- As soon as the transaction is signed, sent and confirmed, you will notice that the status “SOLO” has changed to “Active”. You can now send and receive SOLO to your wallet.
You can now trade any currency on the DEX that exists on the XRPL.
Your SOLO and XRP balance is now considered eligible for the SOLO airdrop. Please note that the snapshot will be taken on December 24th at 20:00 UTC and your balance as of that date and time will be taken into account in calculating the amount of the giveaway you receive.
After the snapshot, the airdrop amount (calculated based on the total number of applications) will be automatically distributed to this wallet, and no additional action is required on your part.
Q: How to apply through XUMM wallet?
O: XUMM is a fully featured XRPL wallet developed by XRPL Labs. You can also connect the XUMM app to your Sologenic.org account and use DEX in your web browser.
To add TrustLine for SOLO using the XUMM App, simply download the App from XUMM.
1- Follow the instructions on the screen to create or import your wallet in the XUMM app. Once this is done, you need to fund your account with at least 10 XRP. After funding your account, click the “+” Add button in the middle right part of the screen.
2- Select “Sologenic” from the list of issuers.
3- Click “SOLO” in the left menu and click “Sign to add a token”.
4- Confirm the details of the transaction and “slide” the button to sign and send the transaction.
5- You can now confirm that SOLO has been added and you can receive and send SOLO to this account.
Your SOLO and XRP balance is now considered eligible for the SOLO airdrop. Please note that the snapshot will be taken on December 24th at 20:00 UTC and your balance as of that date and time will be taken into account in calculating the amount of the giveaway you receive.
After the snapshot, the airdrop amount (calculated based on the total number of applications) will be automatically distributed to this wallet, and no additional action is required on your part.
Q: How do I apply via XRPTOOLKIT?
O: The XRPTOOLKIT is a fully featured web based toolkit for many XRP Ledger transactions. You can connect and sign transactions through hardware devices such as the Ledger Nano (labeled Ledger Device), D’CENT, Cobo Vault, and XUMM.
!!!ATTENTION! the tool does not always support the browser Google Chrome.
1- Go to the website https://www.xrptoolkit.com, click “Get Started” and connect your wallet, for example Ledger Nano.
Once your wallet is connected, you will be redirected to the Accounts tab. Here you can see the assets that are currently held in your wallet. Click + Add Asset.
2- In the “Asset” list, click “SOLO (Sologenic)” and click “Add”.
3- Using your wallet, sign the transaction.
4- After you have signed the transaction, you can see SOLO as Trusted Assed listed with “Active” status.
Your SOLO and XRP balance is now considered eligible for the SOLO airdrop. Please note that the snapshot will be taken on December 24th at 20:00 UTC and your balance as of that date and time will be taken into account in calculating the amount of the giveaway you receive.
After the snapshot, the airdrop amount (calculated based on the total number of applications) will be automatically distributed to this wallet, and no additional action is required on your part.
Q: How do I apply via Ledger Nano or D’CENT?
O: Please see the instructions on how to apply using Sologenic.org DEX. You will need to connect your hardware wallet to sign transactions. After connecting your hardware wallet to Sologenic.org, follow the onscreen instructions to sign transactions and add SOLO currency to your account.
Alternatively, you can use the XRPTOOLKIT website to connect your hardware devices and sign transactions as well.
For Ledger Nano via XRPTOOLKIT, you need to enter the following information in the Custom Edit field:
You must enter the following information:
Sologenic Gateway (Issuer): rsoLo2S1kiGeCcn6hCUXVrCpGMWLrRrLZz
SOLO Currency Code: 534F4C4F00000000000000000000000000000000
Limit: 400,000,000
Q: How to add Trustline manually and claim through my personal wallet?
A: You can simply create a TrusLine for the Sologenic gateway with the following information:
Sologenic Gateway (Issuer): rsoLo2S1kiGeCcn6hCUXVrCpGMWLrRrLZz
SOLO Currency Code: 534F4C4F00000000000000000000000000000000
Limit: 400,000,000
Q: What if your XRP is listed on the exchange?
O: If you have XRP on a centralized exchange, you should check with your exchange if they support the SOLO airdrop. The core SOLO team also looks to exchanges to inform them of the upcoming airdrop, but whether they accept the airdrop or not is up to them and you (if too many users request an exchange, they may contribute due to high demand).
Plus, you can always keep your assets in your personal wallets like SOLO Wallet, XUMM or Ledger Device. This way, you can be sure to get the giveaway. List of supported exchanges:
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