HomeAltcoinFlare CEO Updates XRP Holders on Huge Upcoming Spark Token Airdrop –...

Flare CEO Updates XRP Holders on Huge Upcoming Spark Token Airdrop – Right here’s What’s Taking place

The street to Flare’s much-anticipated airdrop to XRP holders is in its house stretch, based on the corporate’s chief government.

Hugo Philion, CEO and co-founder of Flare, says on Twitter the corporate is working to improve their Songbird community earlier than the airdrop of Spark (FLR) tokens.

“For all these asking the place their FLR is. We’re upgrading Songbird, earlier than the tip of March 2022, with the ultimate two protocols required earlier than Flare launch. This can then enable us to proceed to Flare launch. A full roadmap to Flare launch will likely be launched within the coming weeks.”

Flare Community, with its native FLR token, goals to primarily carry sensible contract capabilities to varied blockchain networks, beginning with XRP after which Litecoin (LTC).

When Flare launches, the corporate says that every eligible holder will instantly obtain 15% of their claimable Spark tokens, after which declare a median of three% monthly, carrying on for at least 25 months and a most of 34 months.

Philion says Flare is speaking with prime exchanges concerning the upcoming airdrop.

“As regards to change distribution of the FLR token, we now have reached out to the most important exchanges to get full definition on what they require to be able to distribute the token in order that Flare meets these necessities.”

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