Flare Network is created to solve several issues with the Proof of Stake (PoS) consensus algorithm. Now, the Flare Network is all set to conduct an airdrop on December 12, 2020, for XRP holders. Moreover, it is revealed that once the platform is launched, it will be using FXRP. The main purpose of using FXRP by the Flare Network is to enable the safe issuance and redemption of XRP. The total availability of the Spark tokens will be 45 billion, and it will be proportional to the XRP balance. Large Exchanges to Support Airdrop Conducted by Flare Network Some of the largest exchanges like Binance, Bitstamp, and Huobi will be supporting the airdrop conducted by Flare Network. The network has published a complete list of exchanges that will be supporting the airdrop so that one can easily take advantage of the airdrop. All the exchanges that will be supporting the airdrop need to hold XRP coins as well, otherwise, they will not be considered eligible. The ones that are not on the list, need to send their XRP to support the airdrop. The platform has also set the date and timing for this, i.e. December 12, 2020. Non-Custodial Ethereum Address is Also Required In order to support airdrop by Flare Network, there is a need for a non-custodial Ethereum address like MyEtherWallet and MetaMask. After creating the Ethereum wallet, the users are required to use the address inside https://ift.tt/2JCZNUm. Another major step will be to set a message key and then connect it to the XRP wallet. XRP toolkit is meant to convert the Flare address to the type of format that is required. By following this simple process, the users will be all set for the airdrop which will start after the snapshot, automatically.
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