Important Information related to the XRP/Flare Airdrop

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3 years ago

As many of you might know, a few weeks ago happened the XRP-FLARE Airdrop.

This means that every XRP holder will receive a Flare ($FLR) token equivalent to a 1:1 basis, credited directly to their wallet on supported exchanges.

Make sure you comply with the terms of the exchange before the airdrop (Ex: Coinbase requires a minimum of 10 $XRP on your account to be eligible, Binance doesn't require any minimum but has to be on the spot or coin-futures wallet, etc...)

The snapshot of all XRP holders will be done at 00:00:00 of 12/12/2020!

Regardless of this airdrop, Flare Finance published a message on Twitter announcing the airdrop followed by very important news:

Some of us have been preparing for this airdrop for quite some time and we knew about the 1:1 distribution and time frame when will occur, but we didn't know about this:

This means that we will get a SECOND AIRDROP 1 month after the distribution of $FLR tokens!

30 days after the distribution of $FLR is completed, Flare Networks will make another snapshot but this time of all $FLR holders at the time of the snap.

After 7 to 10 days of this second snapshot, you'll receive DAOFlare ($DFLR) for being HODLERS of $FLR!!!

After you receive your share of $DFLR, you'll need to swap these tokens for YieldFlare ($YFLR), the official token of the Flare Finance Ecosystem.

 

Now you know: Don't sell your $FLR after receiving your airdrop! Wait at least 40 days for the next $DFLR airdrop and receive even more crypto!

 

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3 years ago

Comments

is this stll open? is nexo supported?

$ 0.00
3 years ago

No, the snapshot for the airdrop was a month ago and you needed to have deposited your XRP by that date. Also, I think Nexo didn't support this airdrop.

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3 years ago