Abra set aside 150 million CPRX (5% of the total CPRX supply) and awarded CPRX to existing users based on their usage of Abra.
Abra users received an airdrop (lump sum) of CPRX during the week of November 15, 2021.
All CPRX reward payouts will appear as “Pending” until CPRX is listed on exchanges by the Crypto Banking Alliance. For non-USA users, we expect CPRX to be listed on November 22, 2021. USA users should expect CPRX to be listed in December 2021.
The lump-sum was based on actions done in-app prior to November 15,2021. It was not based on specific amounts held or the amount a transaction was done for.
The value of CPRX at the time of the airdrop was $1 per 1 million CPRX or $.000001 per CPRX.
If you received any CPRX as part of our airdrop on November 15, 2021, you will receive a letter (or IRS form 1099, as applicable) from us.
Abra does not provide tax or legal advice and Abra will report certain transactions to the Internal Revenue Service to the extent and manner in which it is required to do so by law.