Layer 1 Project XION Announces Token Airdrop Query Opening

Last night, the Layer 1 project XION announced on the X platform that it has opened token airdrop inquiries.

Layer 1 project XION announced the opening of token airdrop inquiries on the X platform last night. According to the announcement, users who actively participate in the XION testnet Dapp, receive special recognition for community activities, and are active in various ecosystem partner communities can check their XION token airdrop amounts.

To ensure the comprehensiveness and fairness of the XION airdrop distribution, the official stated that a series of snapshots have been taken throughout the year, with the main data collection points being March 6, 2024, and July 15, 2024.

As soon as this news broke, various "farming" communities rushed to check, and discussions became lively. Although some community users posted "0 farming 1400 U flaunting posts," more people complained about the unclear airdrop rules.

Next, Odaily Planet Daily will take you to understand the basic situation of the Layer 1 project XION, its token economic model, inquiry tutorial, appeal channels, and off-market prices.

Layer 1 project XION announces opening of token airdrop inquiries

Project Introduction

XION is a Layer 1 project developed by Burnt, designed for consumer adoption. The project aims to eliminate the barriers of cryptocurrency technology for consumers, providing a toolkit that includes seamless fiat on-ramps, direct credit card purchases, familiar Web2 logins, mobile-supported secure account abstraction, and zero gas fees.

According to ROOTDATA, XION has completed multiple rounds of financing, with a total amount reaching 36 million USD. The most recent financing was completed in April this year, announcing a 25 million USD funding round, with participation from Multicoin, Animoca Brands, and Arrington Capital.

Token Economics

According to official information, the total supply of XION tokens is 200 million, with airdrop tokens accounting for 5% of the total supply, which is 10 million XION. The specific distribution of the airdrop portion is as follows:

The official also stated that the currently launched XION airdrop inquiry is just a checker, not a claiming website. There are currently no tokens available or listed on exchanges.

XION Airdrop Inquiry Tutorial

Inquiry website: https://believe.xion.burnt.com/

STEP 1. Enter the inquiry website and click next.

STEP 2. Check using Meta account, EVM wallet account, and Discord account respectively.

At the same time, for those who believe the inquiry results are incorrect, the official has opened a form for appeals, with the link: https://docs.google.com/forms/d/e/1FAIpQLSe2msgS0n-IgWfIufkfePhb2dqc0FOYXIaoPZ9wi_dA8qh7Kg/viewform

Off-Market Trading

Bitget XION pre-market trading

Yesterday at 3 PM, Bitget launched XION in the pre-market trading, with the price once soaring to 6.5 USD. The current off-market price is 4.88 USD, with a 24-hour trading volume of 183,400 USD.