in

Flare (FLR) airdrops 15% of total supply to XRP holders before correcting by 76% Cointelegraph via biedex.markets

SEC vs XRP: I-Remit and TapJets To File Amicus Briefs for XRP


The Flare (FLR) token airdrop started on Mon., Jan. 9, nearly two years after a snapshot of (XRP) holders took place on Dec. 12, 2020. The FLR airdrop was distributed at a ratio of 1.0073 FLR per 1 XRP and the initial distribution saw 15% of the total supply released to the community.

A total of 28.5 billion FLR were distributed based on this methodology and according to Flare’s tokenomics, 58.3% of the total genesis FLR supply will be distributed over 36 months.

Flare initial token distribution allocation. Source: Flare
Flare network block explorers. Source: Flare
Cast your vote now!

Continue Reading on Coin Telegraph

Written by Sandy Sullivan