What is the flame XRP airdrop?

The Flare XRP airdrop is a way to distribute tokens and encourage network usage without conducting an initial coin offering. With a maximum supply of 100 billion FLR tokens, it is possible to purchase Spark (FLR). As a result of the tokens to be distributed, 45 billion XRP holders will receive them.

When does flare network airdrop?

-Flare Networks will be airdropping 45 billion tokens to XRP holders on December 12th, 2020. -To be eligible for the airdrop, you must hold your XRP in a wallet that supports the Flare Networks airdrop, such as Ledger, Trezor, Metamask, or Exodus. -The airdrop will occur on a 1:1 basis, so if you hold 1 XRP, you will receive 1 Flare token.

What is FLR airdrop?

The eligible traders will partake in a 100,000,000,000 FLR token airdrop. Once Flare is launched, the eligible traders will receive 15% of their claimable FLR tokens on their exchange accounts. 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.

Is the FLR Token airdrop postponed?

The XRP community has been eagerly waiting for the FLR token airdrop since December 2020, when the airdrop exercise was announced. The distribution of these tokens has been postponed severally. A snapshot of the XRP holders that qualify for the airdrop was taken on December 12, 2020.