Everything you need to know about the Flare network and the Flare (FLR) token in Exodus.
In this article:
- What is the Flare Network?
- What is the difference between the Flare Network snapshot and launch?
- How is Exodus handling the Flare Network airdrop?
- How do I tell if my XRP address is registered?
- Can I register my XRP address?
- How do I view my Flare address?
- How do I view my Flare (FLR) private keys?
- Desktop
- Mobile
- What is the Songbird network?
- How do I claim my Songbird tokens?
- Desktop
- Mobile
- Tutorial video: MetaMask recovery guide
- What is the Experimental Finance (EXFI) platform?
- When is the ExFi Token airdrop?
- How is Exodus handling the ExFi token airdrop?
What is the Flare Network?
The Flare Network is a new layer-1 blockchain aiming to connect everything, including off-chain data and other layer-1 blockchains through their F-Asset, State Connector and Layer Cake protocols.
Flare officially launched in observation mode on July 13, 2022, which will last for a minimum of 8 weeks. During this time, the network will be tested and become fully decentralized as validation power passes from the Flare Foundation to the Flare Time-Series Oracle (FTSO) data providers.
Upon exiting observation mode, the initial Flare (FLR) token distribution of 15% will take place. It is at this time that you can claim your initial FLR airdrop using your Exodus FLR private keys.
The Flare Foundation has issued the first Flare Improvement Proposal (FIP.01). If the proposal passes, after the initial FLR airdrop of 15%, any FLR token holder will have to delegate their FLR to an FTSO data provider in order to continue receiving airdrops.
For more information on FIP.01, you can read Flare's explanation here: FIP.01 - Flare Distribution, Inflation & Incentive Pool Proposal.
To keep up-to-date with the Flare network, check out the official Flare network blog.
The Flare network token has been renamed from Spark to Flare (FLR). You can read the official announcement here.
What is the difference between the Flare Network snapshot and launch?
The Flare snapshot occurred at 0:00 UTC on December 12, 2020.
The Flare (FLR) token distribution will happen after the network exits observation mode. When this happens, the airdropped tokens will be delivered to your Flare address.
The Flare Network is organizing this so that you will receive your airdropped tokens in a 1:1.0073 ratio based on your XRP holdings in your XRP address at the time of the snapshot. To read the official announcement from Flare Networks, please click here.
If you held XRP inside your Exodus wallet during the snapshot and registered your XRP address before June 12, 2021, you’ll be eligible to receive the FLR airdrop.
How is Exodus handling the Flare Network airdrop?
Flare (FLR) tokens won't be airdropped until the Flare network has exited observation mode.
Because you are in complete control of your Exodus wallet, you always have access to 100% of your funds. So even if Exodus does not support the Flare token, you will still be able to access your FLR tokens by locating your Flare (FLR) private key and importing it into a wallet that supports the airdrop.
Please be very careful with your 12-word secret recovery phrase and private keys, because they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your 12-word phrase or private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?
How do I tell if my XRP address is registered?
First, search for your XRP address on XRPSCAN. Then, click on the Flare tab.
If your XRP address was eligible and is registered, this will show you your Flare address, snapshot balance, Flare (FLR) claim, and Songbird claim:
After the Flare network exits observation mode you will receive the initial 15% of your claim amount shown beside Flare FLR Claim.
If your XRP address was not eligible, it will look like this:
If your XRP address was eligible but is not registered, it will look like this:
Can I register my XRP address?
No. Registration for the Flare (FLR) airdrop closed at 0:00 UTC on June 12, 2021. This end date was set by the Flare network.
How do I view my Flare address?
To view your Flare address, all you need to do is:
- 1
- Grab your XRP receive address from your Exodus wallet where you registered your address.
- 2
- Once you have copied your XRP address, head over to this XRP block explorer and paste it in the search bar.
- 3
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a) Click on the Flare tab. b) You will see your Flare address next to where it says Flare address.
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How do I view my Flare FLR private keys?
Desktop
- 1
- In your Exodus wallet, a) navigate to your XRP wallet, b) click on the More menu in the top right corner, then c) click Claim Spark FLR.
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- 2
- Click on View Flare Spark Private Key.
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- 3
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Select Yes, I'm Sure.
- 4
- Unlock your wallet to view your private key.
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Mobile
- 1
- In your Exodus mobile wallet, navigate to your XRP wallet and click on the Settings icon in the upper right-hand corner.
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- 2
- Click on View Flare Spark Private Key.
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- 3
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Tap on View Private Key.
What is the Songbird network?
The Flare Network released Songbird, a "Canary" network for Flare.
The Songbird network has its own token, Songbird (SGB), which was airdropped to the future recipients of the Flare (FLR) distribution. For every 1 XRP that was held at the time of the snapshot, 0.1511 SGB was allocated.
Whether or not Exodus supports the Songbird token, if you registered your XRP address for the Flare airdrop, you will be able to access the SGB airdrop at your Flare address, via your Flare (FLR) private keys.
Please be very careful with your 12-word secret recovery phrase and private keys, because they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your 12-word phrase or private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?
To stay up-to-date with the latest news, please visit the Flare blog.
How do I claim my Songbird tokens?
Desktop
- 1
- Go to MetaMask's website and download the MetaMask wallet.
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Be sure to write down and keep your 12-word secret recovery phrase safe!
- 2
- View and copy your Flare private keys which you can find by following this guide: How do I view my Flare (FLR) private keys?
- 3
- In MetaMask, import your Flare private key by clicking on Import Account.
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Please be very careful with your 12-word secret recovery phrase and private keys, because they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your 12-word phrase or private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?
- 4
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After importing your private key, a) click on Ethereum Mainnet at the top of the MetaMask wallet screen and b) select Add Network.
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- 5
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Your browser will open a new tab in which you can copy and paste these details in the relevant sections:
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a) Network Name: Songbird Network b) RPC: https://songbird.towolabs.com/rpc c) Chain ID: 19 d) Symbol: SGB e) Block Explorer: https://songbird-explorer.flare.network/ -
- Then click Save.
- 6
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Now open MetaMask and go back to the main wallet balance page, and that's it! Your MetaMask wallet should now be connected to the Songbird network and display your new SGB tokens.
Mobile
- 1
- Go to MetaMask's website and install the mobile MetaMask wallet. Click on Create a new wallet.
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Be sure to write down and keep your 12-word secret recovery phrase safe!
- 2
- View and copy your Flare private keys which you can find by following this guide: How do I view my Flare (FLR) private keys?
-
Please be very careful with your 12-word secret recovery phrase and private keys, because they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your 12-word phrase or private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?
- 3
- Now you will import your Flare private key into MetaMask. First, tap on the Account icon.
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- 4
- Next, tap on Import an Account.
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- 5
- Then paste your Flare private keys, and tap Import.
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- 6
- Next, tap the three bars at the top left of your screen.
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- 7
- Tap Settings.
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- 8
- Tap Networks.
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- 9
- Tap the Add Network button.
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- 9
- Then, copy and paste these details in the relevant sections:
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1. Network Name: Songbird 2. RPC: https://songbird.towolabs.com/rpc 3. ChainID: 19 4. Symbol: SGB 5. Block Explorer: https://songbird-explorer.flare.network/ -
- Then tap Add.
And that is it! Your Metamask wallet should now be connected to the Songbird network and display your new SGB tokens.
Tutorial video: MetaMask recovery guide
What is the Experimental Finance (EXFI) platform?
Experimental Finance (EXFI) is a platform launched by Flare Finance on the Songbird Network.
The ExFi platform was launched with 3 products, namely: FlareX, FlareLoans, and FlareFarm.
It enables developers to create products, and have them reviewed prior to consideration for addition to the Flare Finance platform.
In addition, the platform was developed in part to help eliminate bugs, hacks, and other errors in products from reaching the main network.
The ExFi token (EXFI) is the native token of the ExFi platform. It will be used for different applications across the ExFi platform, such as a fee replacement token and yield farming.
When is the ExFi token airdrop?
The EXFI airdrop snapshot is now complete and occurred on December 12, 2021.
All Songbird (SGB) and Wrapped-Songbird (WSGB) holders were eligible to receive the airdropped EXFI tokens in proportion to their holdings at the time the snapshot was taken.
The ExFi tokens were airdropped at an adjusted ratio of 1 EXFI for every 392 SGB as explained in Flare Finance's Gamma Phase article.
How is Exodus handling the ExFi token airdrop?
While Exodus doesn't have plans to support the ExFi token, you will always have 100% access to and control over your funds.
You'll be able to access your EXFI tokens by locating your Flare (FLR) private key and importing it into a wallet that supports EXFI.
