![spark airdrop xrp spark airdrop xrp](https://www.crypto-news-flash.com/wp-content/uploads/2021/01/flare-networks-airdrop.jpg)
The flare network will provide a bridge for the people of XRP users to put their XRP on collateral and get an FXRP flare network-based token to use the functionality and overall features of the Flare network with the involvement of XRP and spark token. Flare NetworkĪs we know that the flare network is funded by XRP labs that’s why we can say that the core beneficiary will be the XRP cryptocurrency by increasing the market utility to ultimately surge the demand of overwhelming supply of XRP and eventually price appreciation which significantly benefited to the XRP large holders. XRP is the blockchain-based cryptocurrency created with the idea of instant payments with low fees and global payment solutions of traditional banking channels by using XRP technology and implementing cross-border payments. XRPlabs Xpring Early days initiative was taken to incubate the fresh tech startups and entrepreneurs, the Flare Network is invested by XRPlabs and strategic partnership with Ripple company. The final airdrop ratio is unknown for both tokens at this point in time as there are some variables that need to play out on the Flare and Songbird Networks respectively.The news comes into discovery in the month of August 2020 that the Flare Network is here with the idea of creating a smart contract mechanism for XRP users by interoperability and collateralization of FXRP and spark involvement.
![spark airdrop xrp spark airdrop xrp](https://primexbt.com/for-traders/media/2020/12/image2-1024x576.jpg)
The only use case for DFLR is that it can be swapped during a roughly 10 day period on FlareX for the secondary governance token for the Flare Finance protocol called YieldFlare (YFLR). SFLR will be the secondary governance token for the Experimental Finance (ExFi) protocol launching on the Songbird Network. Flare Finance will be airdropping DaoFlare (DFLR) to eligible FLR holders and SongbirdFlare (SFLR) to eligible SGB holders. The snapshot date for these two airdrops will be 30 days after the launch of the Flare Network, which has no official launch date as of yet. However, by nature of owning either FLR or SGB, users will be eligible for two airdrops from the Flare Finance project. Self-custody claimants can check the validity of their claim through XRPSCAN. XRP holders passing the above requirements will receive 1.0073 FLR and 0.1511 SGB for every eligible XRP owned. Self-custody claimants will have the SGB token delivered to the Ether address used in the message key field of their XRP account. Therefore, exchange claimants will need to reach out to their respective exchanges to have the SGB token airdrop delivered to them.
![spark airdrop xrp spark airdrop xrp](https://primexbt.com/for-traders/media/2020/12/image4.png)
It is important to note that exchanges have no contractual obligation to deliver the SGB token airdrop. Additionally, if XRP was held on a self-custody wallet, then the user would have had to gone through the claim process before 6/12/21 00:00:00 UTC. To be eligible for these airdrops, the user would have had to held XRP on a participating exchange or wallet at 12/12/20 00:00:00 UTC.
![spark airdrop xrp spark airdrop xrp](https://i.ytimg.com/vi/OeV7UbDn2ls/maxresdefault.jpg)
Additionally, with the announcement of the Songbird Network, these same eligible XRP holders will be airdropped the Songbird token (SGB). Eligible XRP holders will receive the Spark (FLR) airdrop from the Flare Network.