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Flare to Airdrop Canary Network Token to XRP Holders

20 July 2021
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XRP holders who participated in the Spark airdrop snapshot in December will receive a second airdrop, Flare Networks announced today.

Flare Plans New Airdrop For XRP Holders

Flare Networks has announced a new airdrop as it plans to launch a Canary Network called Songbird.

In an announcement, the team said it would airdrop Songbird’s native token SGB in the next six weeks.

Flare aims to bring Ethereum-based smart contracts to various non-EVM compatible networks like the XRP Ledger.

While the project is scheduled to go live in September 2021, the team is now planning to launch Songbird for security testing and experimentation, CEO and founder Hugo Phillon confirmed in a blog post.

Phillon described Songbird as an adversarial environment for live testing and bug discovery over the long term.

According to the team, Songbird will be critical in testing the network’s architecture along with core systems that include Time Series Oracle, the StateConnector, and F-Asset system.

Hugo further added that applications planned on Flare will be tested first on Songbird in an attempt to find and exploit bugs.

Blockone Settlement

In December 2020, Flare Network announced its network token Spark would be airdropped to all XRP holders. The same XRP holders who participated in the snapshot will now receive SGB.

For every 1 XRP at the time of the snapshot, 0.1511 SGB tokens will be allocated.

Flare was incubated by Ripple’s startup accelerator program Xpring in November 2019. Besides XRP, it will support three other crypto assets: XLM, LTC, and DOGE.

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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

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Flare Airdrop Snapshot Ushers in Ripple’s DeFi Era

By connecting with Ripple, Flare will introduce XRP to the DeFi ecosystem built on Ethereum. XRP token holders will be airdropped native Flare tokens, called Spark, to initiate activity. Ripple’s…

Flare Brings Ethereum Compatibility to Stellar 

Flare Networks has announced that it will integrate Stellar Lumens (XLM) with its smart contract platform, thereby offering compatibility with the Ethereum blockchain. Flare will be integrating $XLM as an…

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In stock or cryptocurrency trading, you may have heard of the term “inverse head and shoulders.” Also known as the “head and shoulders bottom” formation, the inverse head and shoulders chart pattern can…

Flare Networks to Airdrop 46 Billion Tokens to XRP Holders

Flare Networks has announced the number of Spark (FLR) tokens that it will be issuing to eligible XRP holders. Users that held XRP on exchanges such as Coinbase, Kraken, Binance,…

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