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You can check the details of their token sale here https://appics.com/downloads/Appics_XAP_distribution.pdf
They will distribute 5% of the tokens to holders of Steempower thats around 12mio tokens (240mio * 0.05%). If you take the circulating supply of Steem 250mio than you will get 0.048 XRP tokens per 1 Steem or 4.8 XRP tokens per 100 Steem.
This is not really much if you consider the ICO price of around 0.15$.

Ok. Since I have 300 so, so I expect some tokens at what rate or level ?

You will get 14.4 XRP Tokens per Airdrop for free so what do you mean with rate?

Ok. The 14.4 XRP is value for 300steem?
Do I apply for airdrop or it just comes to all holders of SP ? If not need link for airdrop

Yes you will get 14.4XRP for 300 Steempower. We have to wait for further details in regards to the airdrop. Probably this will take time till the final launch of the platform in Q3 2018.

Ok. Still enough time and I guess by Q3 SMT should be ready and active by then. Let's keep in touch 😎

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