The Airdrop Expected for Two Years Has Happened in This Altcoin! How It Reflected In The Price!

Altcoin Flare token AirdropAfter a two-year wait, it finally happened and billions of tokens were distributed to buyers.

Altcoin Flare Token Airdrop Finally Happened After Two Years of Wait

The Airdrop, originally scheduled to be deployed in 2020, has come true. In the token distribution, 4.28 billion FLR tokens, Flare’s native coin, were withdrawn in December 2020 and at least 1 at that time. XRP Shared among qualified buyers selected according to a snapshot that captures wallets holding

The 4.28 billion FLR distributed to users constitutes the project’s first Airdrop, accounting for 15% of the project’s total supply. Flare announced on Monday that the remaining 85% will be distributed over the next three years.

FLR token holders from today’s Airdrop will be able to vote on the management proposal for secondary distribution. To do this, they will need to store their FLR tokens.

While today’s Airdrop marks the official FLR token distribution, users can use an IOU token. Bitrue and Poloniex You can trade coins on exchanges such as

What is Flare?

Flare, Ripple for one DeFi It started as a project aimed at building eocsystem so Airdrop XRP was associated with.

The project has changed over the past two years and now aims to provide smart contract solutions for blockchains that lack the ability to work with smart contracts.

You can learn more detailed information from the following content:

On the other hand, it fell hard after the Flare Airdrop. At the time of this writing, Flare (FLR) price is trading at $0.0396, down 50 percent.

*Not investment advice.