How do I check my flare token claim?
Once the transaction has been signed and submitted, you're all set for the Spark distribution. You can see your Flare address and claimed Spark amount on the XRP Toolkit account overview. You can double-check your Flare address by entering your XRP account address in a transaction explorer like XRP Scan or Bithomp.
You'll be able to access your EXFI tokens by locating your Flare Spark private key and importing it into a wallet that supports EXFI.
Ripple XRP Fork: How to Claim SPARK Airdrop tokens - YouTube
How the XRP Flare Airdrop Works. There is a maximum supply of 100 billion Spark (FLR) tokens. Of these, 45 billion tokens will be given to XRP holders. The distribution will be a simple 1-to-1, with 1 FLR token being awarded to an investor for every 1 XRP they own.
At the launch of Flare, the XRP investors will get 15% of their claimable FLR tokens on their various exchange accounts. In addition, the eligible traders will have to claim an average of 3% of their remaining FLR tokens on a monthly basis. This is expected to take the next 25 or 34 months after the airdrop begins.
- Click “Claim SGB”.
- The SGB trust line will be set automatically on your wallet, for which 2 XRP reserve is required.
- Agree to the terms of the claim procedure.
- Click “Claim SGB”.
45 billion Spark tokens are airdropped to XRP holders. You can claim these tokens using your own wallet, or you can participate in the airdrop through Binance. This way, all the technical nitty-gritty will be handled for you, and you just have to hold your XRP on Binance at the time of the snapshot.
Essentially, anyone who holds XRP in self-custody services can participate in this airdrop and will be eligible to receive the Spark tokens. However, actually claiming Spark will require some work and will differ depending on the type of wallet or exchange that you are using.
They'll receive 15% of the total spark for which they are eligible at launch, and the rest should be distributed over a minimum of 25 months and a maximum of 34 months, after which any remaining undistributed spark will be burned or distributed based on a governance vote.
To claim these tokens, one must first add a critical message that presents a Flare address in their XRP account. It is essential to remember that the account of the user's security is not affected. This message's post is relevant and significant since it adds more information.
Is it too late to claim flare token?
At the inception of the Flare Network 100 billion Spark will be created, 45 billion Spark will be claimable by XRP holders. Your claimable Spark amount depends on your XRP balance on 12th December 2020, 00:00 UTC and you have until 11th June 2021, 23:59 UTC to make your claim.
For each 1 XRP held then 1.0073 FLR (rounded to 4 decimal places) can be claimed.
Upon exiting observation mode, the initial token distribution of 15% will take place. It is at this point that self-custody token recipients will be able to access and use their tokens and that exchanges can distribute the tokens to their users.
Spark is the native token of the Flare Network, designed to offer smart contract functionality to XRP, but on a separate blockchain.
We're thrilled to announce that we'll be supporting the Songbird (SGB) token airdrop for XRP holders! The airdrop's snapshot of XRP balances was taken on December 12, 2020 at ~00:00 (UTC).
Coinbase plans to support Flare Network's upcoming Spark airdrop. If you are an eligible customer holding an XRP balance on Coinbase or Coinbase Pro on the snapshot date and time of December 12, 2020, 00:00 AM UTC, you'll receive Spark tokens from Coinbase at a later date after the Flare network launch.
Flare Rollout Process
The FTSO has been live on Songbird since September 2021, and the State Connector since March 2022.
It has a circulating supply of 9.98 billion tokens.
Flare Open Beta - Add tokens to MetaMask & Collect Airdrop!
- Open your in-app browser.
- Go to Etherscan.
- Search for your custom token.
- Scroll down and retrieve the token's contract address.
- Go back to your wallet.
- Select “Add Token” MetaMask automatically updates the “token symbol” and “tokens of precision”
- Viola!
