Verified
The Flare Network is a distributed network whereby nodes run the Avalanche consensus protocol with a key adaptation to a FBA consensus topology. The Flare Network leverages the EVM, enabling the network to run Turing complete smart contracts. The combined usage of the FBA consensus topology with a Turing complete smart contract layer makes Flare a scalable public smart contract network that does not require a native token for safety.
Flare Network has started another holder airdrop where every XRP holder gets SGB tokens.
Please note:
You need to be an XRP holder who participated in the Flare Networks x Ripple Airdrop snapshot in December 2020.
for XRPHolder
1:0.1511Ratio
12/20Snapshot
Ethereum Blockchain
Step by step guide
1
Participation in the December 2020 snapshot is required.
2
Songbird (SGB), which will be distributed once only and in the same ratio to all the same recipients of the FLR distribution. The total starting supply will be 15 Billion with initial inflation of 10% per annum through the FTSO and validator rewards systems. This means for every 1 XRP that was held at the time of snapshot 0.1511 SGB will be allocated.
3
The official announcement can be found here.
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