What is a flare network?

How to buy Flare Token

How do I claim the Spark token? If you self custody, the method of claiming the Spark token is simply to set the Message Key field on your XRP Ledger address to your Flare address . (This process is detailed below). To claim Spark you must do this by 6 months of the snapshot date.

Will Coinbase support Flare Network’s Spark airdrop? Yes, Coinbase will facilitate the future airdrop of Spark tokens to eligible Coinbase.com, Coinbase Pro and Coinbase Prime customers . No action will be required from you to receive Spark tokens if you are participating in the airdrop.

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.

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.

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.