> For the complete documentation index, see [llms.txt](https://docs.extended.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.extended.exchange/extended-resources/xten/airdrop-distribution.md).

# Airdrop Distribution

Marketing communication. XTEN may lose all value, be illiquid or non-transferable. Restrictions apply. See XTEN White Paper, Terms, Risk Statement & Restricted Regions.

**300,000,000 XTEN, 30% of the genesis supply, is allocated to eligible participants in the Extended Points programme, fully unlocked at TGE.**

#### Eligibility <a href="#eligibility" id="eligibility"></a>

To receive XTEN you must:

* be 18 or older
* not be subject to sanctions
* not be located in a Restricted Region, as set out in the Terms of Use
* have an Extended account linked to a self-custodial wallet
* hold eligible Points under the Extended Points programme
* sign the Community Distribution Terms and Conditions within the applicable signing window

{% hint style="info" %}
**The Terms and Conditions are not live yet.** The Terms and the signing window will be announced separately on official Extended channels.
{% endhint %}

#### Wallet selection <a href="#wallet-selection" id="wallet-selection"></a>

By default, XTEN is sent to the wallet the Extended account was created with. You can choose to send your entire allocation to another self-custodial wallet, provided that wallet has an active Extended account. In that case, both wallets must accept the Terms and pass the eligibility and compliance checks.

The alternative-wallet selection is irrevocable once confirmed.

#### Identity checks <a href="#identity-checks" id="identity-checks"></a>

ID verification is not generally required to receive XTEN. You claim with a self-hosted wallet connected to your account. All claims go through eligibility, location, sanctions and wallet-screening checks, and in some cases, we may ask for additional information or verification to confirm eligibility or comply with applicable law.

Exchange deposit addresses and other custodial addresses cannot receive XTEN.

#### When XTEN arrives <a href="#when-xten-arrives" id="when-xten-arrives"></a>

| You sign the Terms                  | You receive XTEN                                                |
| ----------------------------------- | --------------------------------------------------------------- |
| Before TGE                          | Before XTEN is admitted to trading on Extended and other venues |
| After TGE, before the window closes | On a rolling basis once you sign                                |

Delivery may be delayed where further compliance review is required. Any allocation not accepted by the close of the window is transferred to the Ecosystem Fund.

Signing the Terms and staking are separate decisions. Signing does not stake your XTEN, and staking is not required to receive it. See [Staking](/extended-resources/xten/staking.md).

#### EEA users <a href="#eea-users" id="eea-users"></a>

XTEN spot trading will not be available on Extended for EU users at launch. European Points holders will still be able to claim, hold, stake and transfer XTEN. XTEN will also be available for trading on several external venues.

#### Security <a href="#security" id="security"></a>

* XTEN claiming happens only in the Extended app.
* There is no payment required.
* Extended will never ask for your seed phrase or private keys, by direct message or otherwise.

*Regulatory Information*

*The offeror of XTEN is Extended Ecosystem Limited, whose contact details are as follows: <legal@extended.exchange> | +1 284 394 4030.*

*The XTEN crypto-asset white paper and information about the offeror are available* [*here*](/extended-resources/xten/issuer-and-platform.md)*.*

*This crypto-asset marketing communication has not been reviewed or approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset marketing communication.*
