#Keybase xlm airdrop series#

This may partially be responsible for the drop in the price of Stellar Lumens XLM according to some analysts.* I have a public key ASCiaxALAGL12Q8pkzzgcAFeHzqKCqMpTshbDmZL_CxJWAo With the supply above the demand, the price will drop. By hosting so many Stellar airdrops, the Stellar Development Foundation is pumping too many tokens into circulation without the equivalent demand. However, there are many members of the cryptocurrency community who believe that Stellar airdrops will affect the price of the token long-term. Hosting Stellar airdrops is one of the key identifiers of the Stellar Development Foundation. This isn’t the first Stellar airdrop the Stellar Development Foundation is hosting. Stellar Airdrop May Affect The Already Falling Price Of XLM This is no doubt going to increase adoption for Stellar Lumens XLM. Using their Keybase app, users can send Stellar Lumens XLM tokens from one account to another. It demonstrates that we think this is a valuable opportunity for users of Keybase to get to know us.

“The number seems much more rational when looked at over 20 months.

#Keybase xlm airdrop series#

The partnership between Stellar and Keybase started in March 2018 when they made a major investment in Keybase that was large enough to make the company’s Series B funding round irrelevant. “The foundation’s mandate is to deliver lumens into the world. The CEO of the Stellar Development Foundation Denelle Dixon, while speaking to the cryptocurrency news agency, CoinDesk, said that this Stellar airdrop with Keybase is going to go a long way in promoting adoption for the Stellar Lumens XLM token. “All you have to do is have an authenticated Keybase account, and your XLM will appear in your wallet – automatically, every month, for as long as the airdrop continues.”

The announcement from Keybase was as follows

Stellar Lumens XLM To Give Out Millions In XLM Tokens To Keybase Users Yesterday, users got about 2 billion XLM tokens which amount to millions in USD. The airdrop will last for more than 20 months. All these users will be able to get XLM tokens as long as their Keybase accounts are authenticated. Keybase, which currently has about 300,000 active users, is one of Stellar’s partners. The airdrop will be in collaboration with Keybase. Recently, the Stellar Development Foundation announced that it is making plans to host another airdrop to give out 100 billion XLM tokens to Keybase users.

Stellar Lumens XLM News – The Stellar team doesn’t hold back when it comes to hosting airdrops. Stellar Lumens XLM airdrops may be contributing to a decline in the price of the XLM token.2 million tokens were given out to Keybase users on Monday.Stellar team to give out 100 billion XLM tokens in major airdrops.