Flare is the world’s first Turing complete Federated Byzantine Agreement (FBA) network . It integrates the Ethereum Virtual Machine (EVM) and does not derive safety from a token. On top of this is built a protocol to safely enable the trustless issuance, usage and redemption, of XRP on Flare.
Read moreIs flare built on XRP?
Flare is its own Layer 1 it’s NOT built on any other network . It adds utility (defi, nft’s, dapps) to non-turing complete coins starting with Doge, XLM, XRP, LTC. These large market cap/large community tokens will be usable for much more than today.
Read moreWhat coins will be on flare network?
Flare Finance is bringing DeFi to XRP, LTC, DOGE, and Spark tokens which will unlock value of these cryptocurrencies. From being held in the wallet, users will now be able to securely stake or provide liquidity to make a passive earning.
Read moreHow many spark tokens will XRP holders get?
The first drop will represent 15% of the 45 billion Spark tokens being gifted to XRP holders. There will be a total supply of 100 billion Spark, and the rest of the airdrop distribution will be drip-fed over the course of two to three years.
Read moreWhere are my spark tokens?
The Spark tokens will be delivered to the Flare address specified during the claim process . At launch there will be several Flare compatible wallets to choose from. If you hold your XRP at a supporting exchange they will deliver the Spark tokens to your account at the exchange.
Read moreCan I still claim spark tokens?
Your claimable Spark amount depends on your XRP balance on 12th December 2020, 00:00 UTC and you have until 11th June 2021, 23:59 UTC to make your claim . At the end of the claim period, all unclaimed Spark tokens will be burned. For additional details about the Spark token distribution see this blog post.
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