![keybase stellar keybase stellar](https://keybase.io/images/blog/stellar/max-receives.png)
At the current price, the airdrop would be worth some USD 120 million. A participant can’t get more than USD 500 in XLM in total though. Starting with a gift of 100 million XLM (USD 6 million), to 300,000 Keybase users, the Stellar Development Foundation (SDF) will continue this airdrop with giving away 100 million XLM per month, divided equally among participants, for 20 months, making it a total of XLM 2 billion. As the announcement explains, XLM is made for cross-border payments, where a user can send one currency, and the recipient can receive the funds in the currency of their choice.
![keybase stellar keybase stellar](https://i.ytimg.com/vi/UM5gqAmhCSE/maxresdefault.jpg)
Keybase partnered with Stellar for what is likely the largest giveaway of Stellar’s native token, Lumens (XLM) so far. Max Krohn, CEO and co-founder of the encrypted chat app Keybase, told Fortune that this giveaway is different from those that came before it because everything is happening on a chat app, not on a cryptocurrency exchange “where people might be encouraged to cash out immediately.” Krohn said that he hopes “people will transact with the cryptocurrency in-app, sending it to contacts and paying for various services offered by chat bots.” Nonetheless, the price of XLM dropped 76% since the first event of this kind was announced. Keybase and Stellar partnered for another massive airdrop of Stellar’s native token, Lumens (XLM), which Keybase’s CEO claims to be different from the previous giveaways, though many in the community are not convinced in its benefits.