![]() ![]() The network is also planning to integrate Cardano. The Flare network is designed to provide blockchains such as Ripple and Litecoin. “With regards to exchange distribution of FLR tokens, we have reached out to the largest exchanges to get full definition on what they require to distribute the token so that Flare meets those requirements,” Philion said. The exchange has already announced plans to support the distribution process of the network. In that time, they refused to answer whether they would delegate those coins to their customers. Philion also added that Flare contacted some of the top cryptocurrency platforms to support the FLR token airdrop. Coinbase has been aware for months that they would be receiving free SGB (Songbird) on behalf of every Coinbase user who took part in the DecemXRP snapshot. However, the Flare team notes that the process ensures the value of FLR is not affected following the airdrop. Some XRP holders have expressed their displeasure with this token distribution process. The traders will later claim around 3% of their remaining FLR tokens monthly, with the entire process expected to last for 25 to 34 months. Once Flare is launched, the eligible traders will receive 15% of their claimable FLR tokens on their exchange accounts. The eligible traders will partake in a 100,000,000,000 FLR token airdrop. The distribution of these tokens has been postponed severally.Ī snapshot of the XRP holders that qualify for the airdrop was taken on December 12, 2020. The XRP community has been eagerly waiting for the FLR token airdrop since December 2020, when the airdrop exercise was announced. ![]()
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