Is XRP Tundra Legit or Scam?

The XRP Tundra is creating ripples in the crypto world with its technological claims. The project’s native tokens are currently on presale. Many in the crypto community are skeptical about the project’s legitimacy. The article covers the details of the XRP Tundra project, presale, and examines the legitimacy of the project. 

What is XRP Tundra? How Does it Work?

According to the white paper published by the company, the XRP Tundra is a protocol that enables staking within the XRP ledger, which was not previously possible. 

XRP holders can deposit their tokens for varying periods, for 7, 30, 60, or 90 days. When the period ends, the original token will be released, and the holder will also get TUNDRA rewards. The DeFi project works based on a dual token model. The two tokens include TUNDRA-X on the XRP ledger and TUNDRA-S tokens on Solana. 

The XRP Tundra Presale Details 

The XRP Tundra project has two native tokens on presale: TUNDRA-S and TUNDRA-X. The TUNDRA-S presale price is $0.132. The participants will get a TUNDRA-X valued $0.066 for free while buying a TUNDRA-S. 

As for the TUNDRA-S, the project claims a speed higher than 65,000 TPS, sub-second finality, and a minimal transaction fee. The TUNDRA-X, on the other hand, is a governance token that would empower the participants to influence the upgrades within the ecosystem. Presale: The following table shows the key difference between the two tokens. 

Tokenomics of TUNDRA-S and TUNDRA-X

TUNDRA-S: Token Allocation of 100M Total Supply

Presale – 40%

Staking Rewards – 25%

Liquidity Provision – 15%

Development Fund – 10%

Team & Advisors – 7%

Marketing & Partnerships – 3%

TUNDRA-X: Token Allocation of 200M Total Supply

Presale Allocation – 40%

GlacierChain Development – 25%

Governance Incentives -15%

Community Treasury – 10%

Team & Advisors – 7%

Strategic Reserves – 3%

Is XRP Tundra Legit?

There are conflicting opinions regarding the legitimacy of the XRP Tundra; hence, it can be considered a high-risk investment. The project presents attractive claims, such as a dual-token model and bringing staking to the XRP ledger for the first time.

The project proponents claim that the project has undergone rigorous independent audits and KYC verification. Nevertheless, the team behind the project remains hidden. The lack of transparency is a major cause of concern. Besides, there are even reports suggesting that the project does not even exist. 

Nonetheless, it’s worth noting that even Bitcoin has an anonymous founder/founders. The other notable example is the Shiba Inu, founded by a group or person under the pseudonym “Ryoshi” back in 2020. The ambitious projects with anonymous founders are not uncommon in the crypto world; hence, the investors are advised to do thorough research before arriving at an investment decision. 

Should You Invest in XRP Tundra? 

So, the million-dollar question is: should you invest in XRP tundra? Here is a list of pros and cons that will help you to decide whether to invest in XRP Tundra or not.

Overall, the project is extremely risky with attractive claims. To avoid any losses, the investors are advised to closely review the documents related to the project and go through community reviews. Ultimately, whether to invest or not depends on your personal financial goals and risk tolerance. In risky projects, it’s always advised to invest what you can afford to lose. 

How to Buy XRP Tundra: Presale Buying Guide

The buyers are required to create an account in XRP Tundra to participate in the presale. Here is the detailed guide.

• Go to the official website and tap “Buy TUNDRA-S Now.”
• Create an account by providing your name and email by clicking on “Sign up here.”
• In the next step, you need to integrate your Solana and XRP wallets by clicking on “Connect Wallet.”
• Enter the amount you wish to buy and click on “Buy”.
• Confirm the transaction on the Solana wallet extension, and TUNDRA-S will be credited to your wallet. 

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