Announcements Gate.io Has Completed Distribution of Flare Network (FLR) to XRP Holders

Gate.io Has Completed Distribution of Flare Network (FLR) to XRP Holders

2023-01-10 00:40:27 UTC 22820 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
Gate.io has distributed the Flare Network (FLR) token airdrop received on the TDE to eligible XRP holders based on a snapshot taken on December 12, 2020, 00:00 UTC. You can now go to your Account Statement to view FLR tokens you have received.

Airdrop ratio:
0.151095 FLR : 1XRP
for every qualifying 1 XRP held at snapshot time, 0.151095 FLR will be received
Snapshot:  00:00  UTC on 12th December 2020

Note: according to the Flare Network airdrop plan,  for every qualifying 1.0000 XRP in the snapshot, 1.0073 FLR will be distributed. 9 January 2023 distribution event  airdropped the first 15%, the remaining 85% of the tokens will be distributed over 36 months based  on the outcome of the community vote on Flare Improvement Proposal 01 (FIP.01):
If the community accepts the proposal, the remaining 36 monthly distributions will be carried out on-chain in a decentralized manner. Tokens will be shared among wallets that have wrapped FLR tokens (WFLR).
If the community rejects the proposal, the same self-custody wallets and the same centralized exchanges that received the first airdrop will receive one airdrop per month for 36 months.

Update:
Flare Improvement Proposal 01 (FIP.01) has passed.

Learn more: 
https://flare.network/tde-faqs/
https://flare.network/fip-01-faqs/
https://flare.network/fip01/

<sp>
Gateway to Crypto
Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io

[Sign up](https://www.gate.io/signup "Sign up") to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.io/referral "referrals")

[Download iOS/Android App](https://www.gate.io/mobileapp?ch=ann27560 "Download iOS/Android App") right now.

Reach out to us!
Twitter: https://twitter.com/gate_io
GateVIP Twitter: https://twitter.com/GateioVIP
Telegram: https://t.me/gate_zh
API Telegram: https://t.me/gateioapi
Instagram: https://www.instagram.com/gateioglobal
Medium: https://gateio.medium.com/
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
January 10, 2023

Change & Chart Start-End Time

Rise/Fall Color

Pay With

Gate.io Has Completed Distribution of Flare Network (FLR) to XRP Holders

Gate.io Has Completed Distribution of Flare Network (FLR) to XRP Holders

Select language and region

Select your region

Fiat Currencies