Songbird is the Canary network for Flare, it will have two distinct phases. Prior to the launch of Flare, Songbird will be instrumental in the continued testing of the Flare Time Series Oracle, the StateConnector and F-Asset systems and the network architecture. Post Flare launch, Songbird is intended to be a long term network for testing governance led changes to Flare, such as the incorporation of new F-Assets, changes to the FTSO, F-Asset systems or any other network change.
Songbird will be airdropping free SGB to XRP holders based on the same snapshot as of Flare which was taken at the first validated XRP ledger index number with a timestamp greater than or equal to 00:00 GMT on 12th December 2020. Eligible users will get free SGB at a ratio of0.1511 SGB : 1 XRP.
Step-by-Step Guide:
Songbird will be airdropping free SGB to FLR airdrop participants.
The snapshot remains the same as of Flare which was taken at the first validated XRP ledger index number with a timestamp greater than or equal to 00:00 GMT on 12th December 2020.
If you’re eligible for the FLR airdrop through an exchange, then you’re also eligible for the SGB airdrop but you may need to contact the exchange to get a confirmation. Binance, Kraken, Huobi, Crypto.com, Wazirx, ProBit, etc have already announced support for the airdrop.
If you’re eligible for the FLR airdrop through a self custody wallet and have completed the claim process before June 12th, 2021, then you will also get free SGB.
Supported wallets are Ledger, Metamask, Exodus, Bifrost and D’cent.
Ledger users will be able to claim SGB through a Songbird app for Ledger which is pending approval from the Ledger Team.Ledger users will also have the option to import the seed phrase/private keys from the ETH address they’ve used as the message key into another Songbird supported wallets like Metamask, Bifrost or D’cent.
VisitXRPSCAN, input your non-custodial XRP address and then click on “Flare” in the “Assets” section to see your SGB balance.
The rewards will be distributed around the launch of Songbird at a ratio of0.1511 SGB : 1 XRP.
For more information regarding Songbird, see this page and for information regarding the Flare FLR airdrop , see this article.
SGB is the native token of the Songbird network and is used to pay transaction fees, vote on network governance decisions and interact with Songbird's applications.
Songbird (SGB) operates as the premier Canary Network for the Flare ecosystem. The project provides a testing ground for future flair Dapps and smart contracts. The goal of the project is to provide a live environment to ensure that only market-ready projects make it to the Flare network.
In the left sidebar menu, click Receive. In the drop-down list, select SGB and click Continue. Connect your Ledger device to Ledger Live and unlock it. Open the SGB app on your device and press both buttons simultaneously to continue.
How to claim my FLR tokens? Go to XRPScan, paste your XRP address, and navigate to the Flare tab to find your Flare address and claimable FLR balance. If some FLR tokens are available to claim, head over to Ledger Live or MetaMask to claim your tokens.
Simply installing the latest version of Bifrost Wallet and following the guide above is sufficient for the majority of users to find their Songbird (SGB) inside Bifrost Wallet, especially if your claim was made to the first generated Ethereum address from an ETH-compatible wallet like Ledger, MetaMask or MyEtherWallet ...
1 XRP equals 48.38 SGB. The current value of 1 XRP is -0.72% against the exchange rate to SGB in the last 24 hours. Create a free Kraken account to instantly convert XRP to SGB today.
Is Songbird a good investment? The short answer is, it depends on your own individual circ*mstances and risk tolerance. For those that see a long term prospect behind decentralization, Songbird may be a worthwhile purchase.
Technical analysis showed that Songbird is expected to range between $0.0033633 and $0.0124533, with the average price of $0.00909 in 2024. That being said, if you buy Songbird at the current price of $0.009429, the potential ROI for you in 2024 is -3%.
What is Songbird coin price prediction? Its Songbird coin price prediction estimates it to race from $0.039 in 2022 to $0.17 in 2026. SGB is predicted to climb past the psychological $1 barrier in 2031.
Introduction: My name is Melvina Ondricka, I am a helpful, fancy, friendly, innocent, outstanding, courageous, thoughtful person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
Loading...