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Flare announces long-awaited Spark (FLR) token airdrop XRP The owner has a new announcement coming soon to validators.
The company new schedule Validators can now be onboarded to the Flare network.
Flair also said it is currently working onboarding cryptocurrency exchanges to ensure airdrops are as seamless as possible.
Flare plans to distribute FLR tokens between October 24th and November 6th, if enough validators take on the role. The company said the exact date will depend on feedback from exchanges.
Using native FLR tokens, the Flare Network is essentially intended to bring smart contract functionality to various blockchain networks.LTC).
The company previously Said Each eligible holder will receive 15% of their claimable Spark tokens immediately, then claim an average of 3% monthly thereafter for a minimum of 25 months and a maximum of 34 months.
FLR will be distributed to XRP holders based on a snapshot of the network taken in late 2020.
Flare plans to launch in beta for the first six to nine months, but the company said it will not affect token airdrops.
Airdrops have endured significant delays: Flare initially distribute 45,827,728,412 for the native token Spark in the first half of 2021.
XRP is trading at $0.478 at the time of writing. The sixth-largest crypto asset by market capitalization is down more than 1% in the last 24 hours.
