The onXRP ecosystem owes its existence to the incredible XPUNKs and their vibrant community. To show our appreciation and reward XPUNK and OXP holders, we have committed 10% of the total OXP supply to a series of airdrops: 5% for XPUNK holders who possess 0.1 XPUNK or more, and another 5% for OXP holders with any amount of OXP tokens. Please note that these airdrops are exclusively available to self-custodial wallets like XUMM, as this is where the majority of XPUNK/OXP holdings are currently located.
The airdrops will be distributed linearly over the course of 12 months, with a monthly airdrop scheduled to bolster the circulating supply in an organic manner. The amount each holder receives per month will directly correlate to the size of their XPUNK/OXP holdings: the more XPUNKs and/or OXP a holder possesses, the more OXP they will receive in each airdrop. This initiative is our way of giving back to the community that has been instrumental in making the onXRP ecosystem a reality.