XDN entering DeFi with 2XDN token + Airdrop for $XDN holder
DigitalNote (digitalnote.org) is a 51% attack resistant hybrid blockchain and is mobile-ready with lightweight wallet functionality. The decentralized network is run by Masternodes enabling instant transactions and peer-to-peer messaging.
Approximately probably on November 23rd, 2020 2XDN tokens are going to be distributed free via airdrop to those who will be holding DigitalNote XDN coins at the block number 300,000 of DigitalNote XDN blockchain.
Anyone holding more than 100 XDN will get 2XDN at a 1:100 ratio (Full Masternode owners are being rewarded more).
But what was the intention to create this token?
We are often asked if DigitalNote is DeFi and the answer is yes.
2XDN is a new ERC-20 token (70 million tokens at the beginning) that will be launching on Ethereum blockchain, which is one of the most famous (especially for DeFi) to enhance the overall offering of the DigitalNote suite of products. There will be no correlation between the prices of the two assets (not 1:1 pegged) but it will allow the XDN ecosystem to interact with mobile apps and integrate into Decentralized Exchanges (DEX), payment platforms, etc.
The Litepaper also can be found here:
https://digitalnote.org/wp-content/uploads/2020/10/2XDN-Litepaper.pdf
How to join the airdrop?
We are currently testing a new release of our DigitalNote QT and web wallets which will have an option to register for the airdrop. It will ask for the Ethereum address where you would want your 2XDN token to be airdropped. Note: Please ensure that the address is Ethereum address and is from a wallet that supports ERC20 tokens
On October 20, we will publish the full list of exchanges that will support the airdrop.
Full FAQ version can be found here:
https://wiki.digitalnote.org/getting-started/ethereum-xdn
What can you expect in the near future?
Anyway Feel free to comment your opinion or of course ask questions.
This is not financial advice. Please do your own research.
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