What is the project about? Drawing inspiration from the original XRP, but built as an ERC20 token on the Ethereum blockchain, XRP20 is a more user focused and accessible token, featuring Stake To Earn utility and a burn mechanism making it deflationary. XRP20 aims to democratize access to a token that has traditionally served institutional players. Anybody holding XRP20 can stake their tokens to earn passive income. XRP20 is set up as a deflationary token with a buy and burn mechanism that sends 0.1% of every buy and sell to a burn address. 10% of the total supply is allocated to be burned. XRP20 team firmly believes in the power of decentralization and that creating a new token for the XRP Army will strengthen the ecosystem and embolden the community’s resolve in the wake of its current challenges What makes your project unique? Built on the foundations of XRP and following the movement of offering second chances for those who missed those out years ago, XRP20 aims to offer accessibility, inclusivity, utility, and simplicity and bridge the knowledge gap for new crypto participants as the original XRP token benefited institutional investors. Moreover, with the staking feature, buyers are now able to earn passive income. History of your project. XRP20 presale started on the 31st of July and concluded on the 15th of August, selling out the hard cap of $3,680,000.00 in about 2 weeks. Staking was launched on the 14th of August and over 50% of the tokens available in presale have been staked since then. Claiming of XRP20 went live on the 22nd of August and a trading pool has been created on Uniswap at the same time. What’s next for your project? After a successful launch on DEX, the next phase in the roadmap is the implementation of a token burning mechanism. This feature will automatically reduce the token supply with each transaction, increasing scarcity. Awarding staking rewards is a continuous process which will take place over the course of 4 years. 3,750 tokens are being emitted per ETH block. What can your token be used for? The project is a great opportunity for people who missed out on the early gains of XRP but this time, they can receive staking rewards and earn some passive income as well.

A Xrp20 wallet is a digital or physical tool that stores your public and private keys. These keys are needed to access and control your crypto assets. The wallet doesn't store the actual coins but lets you interact with the blockchain. It’s the gateway to sending, receiving, and safeguarding your Xrp20.

Open your Xrp20 wallet and select “Send.” Paste or scan the recipient’s wallet address, enter the amount of XRP20, and confirm the transaction. Once confirmed, the recipient sees the funds in their wallet.

Go to the “Receive” section in your Xrp20 wallet. Copy your wallet address or use the QR code. Share it with the sender. After the transaction is broadcast and confirmed on the blockchain, your wallet shows the updated balance of XRP20.

It’s a unique string of letters and numbers linked to your wallet’s public key. Others use this address to send you XRP20. Think of it like your crypto account number; it tells the network where to send the funds, but it doesn’t give access to your private key.

To securely store your Xrp20, consider using a hardware wallet like Cypherock X1. It splits your private key into five cryptographic parts across secure components, ensuring your funds stay safe even if you lose one, two, or even three parts.

Yes, modern hardware wallets like Cypherock X1 support thousands of coins and tokens, including Xrp20. You can manage your entire crypto portfolio across multiple wallets and blockchains seamlessly.

With Cypherock X1, your private key is split into five secure parts. As long as you have two parts of the hardware components (an X1 Card or the X1 Vault), you can recover your Xrp20 even if the other three parts are lost.

Look for tamper-proof smartcards, EAL6+ certification, offline verification, and decentralized key storage. Cypherock X1 offers all of these, ensuring bank-grade security for your Xrp20.