![]() ![]() Then after the initial 15% distribution, the majority of entities receive the remainder of their allocation smoothly over 36 months. Notably, the FLR airdrop will be distributed to crypto users who had XRP balances on exchanges and external wallets at the time of the snapshot on December 12, 2020, at 00:00 UTC.Īs shared by “58.3% of the genesis Flare supply is allocated to the community. Coinbase also confirmed to support FLR Tokens to XRP HoldersĪside from Binance and Coinbase, other exchanges that have declared support for the FLR airdrop include Uphold, OKX, KuCoin, Huobi, Gate.io,, Okcoin, MEXC Global, etc. Fellow Binancians, Binance has completed the Flare (FLR) airdrop distribution to XRP (XRP) holders. As reported by TheCryptoBasic, the world’s largest cryptocurrency exchange Binance reiterated its commitment to support the upcoming FLR airdrop. Several crypto exchanges have declared support for the upcoming FLR distribution to eligible XRP holders. The native token of decentralized finance (DeFi) protocol Compound (COMP) has surged by more than 50 in four days following a spike in volume and outflows on Binance. The Flare team remains confident that the exercise will occur as scheduled. Interestingly, the team scheduled the FLR TDE to be held on January 9, 2023, at 23:59 UTC. The token is part of a new smart contract ecosystem that’s designed to bring Ethereum-type functionality to the XRP Ledger. The Flare team also postponed the exercise from occurring between October 24, 2022, and November 6, 2022, due to its inability to “attract a good number of validators.” In total, Flare is set to distribute 45,827,728,412 Spark tokens to XRP holders in the first half of this year. ![]() This will then allow us to proceed with the Flare launch….” Philon said. Distribution Date (For custodial users)The upcoming snapshot of Binance. In support of Binance.US XRP holders, Binance.US will provide XRP balance snapshots for Binance. We are upgrading Songbird before the end of March 2022, with the final two protocols required before the Flare launch. XRP, the cryptocurrency associated with Ripple, is up 20 percent on the news. “For all those asking where their FLR is. This week’s Australian probe, which sought out Binance employees outside the office, is only one of a growing list of legal entanglements facing the world’s biggest crypto exchange. Last year, Flare CEO Hugo Philon noted that FLR’s distribution to XRP holders was stalled due to an upgrade of Songbird, the canary network for the Flare blockchain. However, the team has stalled the FLR airdrop due to some factors linked to the Flare project. Members of the XRP community have been looking forward to the FLR TDE since the snapshot was taken on December 12, 2020, at 00:00 UTC. It is worth mentioning that the FLR Token Distribution Event (TDE) is one of the most anticipated events in the XRP community. ![]()
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