![]() ![]() Please enter a valid email address Tell us what. We will never share your email address with anyone else. Provide your email to receive news and insights on Songbird and Flare Network. Some also include native delegation to the Flare Time Series Oracle. FLR/USDT Spot Trading: 10:00 UTC on April 12įLR is the native token of Flare Network, an EVM-based layer 1 aiming to make blockchain more useful by giving developers decentralized access to high-integrity data from other chains and the internet. Your FLR tokens can be managed using these wallets.FLR Airdrop Distribution: Completed before 9:00 UTC on April 12.The timeline of services regarding FLR on Phemex is as follows: We will also be listing FLR/USDT for trading on the spot market on April 12, 2023. ![]() More information regarding the Flare Network airdrop can be found in this Phemex academy article and on the Flare Network website. The airdrop distribution to Phemex users will be completed prior to 9:00 UTC on April 12, 2023. The Flare token has the ticker FLR and is available for purchase and trade on multiple centralized and decentralized exchanges. The firm’s management further noted that supporting the airdrop does “not mean that Revolut will list Spark token as a tradable asset in future.” Their default position is that they “will not list any asset until it has passed Revolut’s Crypto asset selection process and other required regulatory/legal checks.” The company added that until that time, clients will not be able to view, buy, or sell Spark tokens in their Revolut app.Per our previous announcement in December 2020 regarding the Flare Network airdrop to XRP holders on Phemex, we will be issuing the airdrop of Flare tokens and listing FLR/USDT on our spot market on April 12, 2023.Īs mentioned in the above referenced announcement, the airdrop amount that each user qualifies for will be based on the user’s XRP balance taken at snapshot time of 3:00 UTC on December 11, 2020. These protocols allow developers to create an ecosystem of robust and decentralized interoperability applications. The Fintech firm also mentioned that there’s “always extreme uncertainty around events like this.” Flare is a layer 1 EVM blockchain that has 2 core protocols, the State Connector and Flare Time Series Oracle (FTSO). Number of Spark tokens for User X = (Number of XRP tokens held by user X at snapshot / Total XRP held by Revolut at Snapshot) * Total Spark tokens received by Revolut during the Airdrop Flare is a layer 1 EVM blockchain that has 2 core protocols, the State Connector and Flare Time Series Oracle (FTSO).FLR tokens are used to pay for network transaction fees. The number of Spark tokens for each user that “holds XRP at the snapshot time” will be calculated as: FLR is the native token of Flare, an EVM-compatible blockchain network. Revolut has also shared a quick recap on these airdrops: Revolut’s management noted that once these 6 things happen, they’ll be “better placed to give you more information regarding Songbird, and we’ll reach out with more details.” Until then, clients need not do anything, the company clarified. Regulatory and legal due diligence “regarding this token being completed”.Our blockchain infrastructure partners “adding support for the Songbird token based on responses they are awaiting from Flare Networks”.Our various trading partners “completing the technical work to list Songbird as a tradeable asset if they decide to do so”.Our various trading partners “confirming if Songbird tokens will be listed as a tradeable asset”.Having the technical questions about Songbird from our blockchain infrastructure providers “answered by Flare Networks”.As noted in a blog post by Revolut, the Fintech platform may proceed with the next steps or decisions on their side regarding Songbird, but they’re “dependent” on the following:
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