Evernode, a layer 2 smart contract solution built on the XRP Ledger (XRPL), has announced the first details of its airdrop for XRP holders. To be eligible, investors must provide a snapshot of their on-chain XRP holdings by September 1. Evernode plans to airdrop 5,160,960 Evers to qualified XRP holders, with a focus on those with balances up to 50,000 XRP. Investors with larger holdings must store them in separate accounts to benefit from the airdrop.

The distribution will take place once the Hooks sidechain launches, as Evernode explained: "Because we'll launch on the Hooks sidechain and because that sidechain will include a burn2mint, we need to snapshot the XRP Ledger before the Hooks sidechain goes live." The team also emphasized that the airdrop is a gift, and not all XRP holders will receive Evers.