SMQKE Frames Ripple’s XRP (XRP) Escrow as Price Protection

Crypto researcher SMQKE described Ripple’s XRP (XRP) escrow as a way to protect the token’s price in a Sunday, Nov. 8 post. The escrow schedule makes up to one billion XRP available in each monthly cycle.

Ripple placed 55 billion XRP into 55 contracts, each holding one billion XRP. The contracts expire in sequence on the first day of each month. Unused amounts can be placed in new escrow contracts for another 55 months.

In the November cycle, Ripple released one billion XRP and returned 700 million, leaving 300 million outside escrow. The ledger movements show how much was released and returned, but do not establish whether Ripple sold the remaining tokens. The November escrow cycle illustrates the difference between the gross release and the amount left outside escrow.