According to Flare CEO Hugo Philion, the path to the much-anticipated XRP holders’ airdrop is becoming increasingly clear.
Flare CEO Hugo Philion
Philion said on Twitter that the company is working on upgrading the Songbird network ahead of the Spark (FLR) airdrop.
“Here is the answer to everyone who asks where their FLR is. We are upgrading Songbird, before the end of March 2022, with the final two protocols required before launching Flare. This will then allow us to continue launching Flare. A full roadmap for the Flare launch will be announced in the coming weeks.”
Flare Network, with its native FLR token, aims to bring smart contract capabilities to various blockchain networks, starting with XRP and then Litecoin (LTC).
When Flare launches, the company says that each eligible hodler will immediately receive 15% of their claimable Spark tokens and then an average of 3% per month, continuing for a minimum of 25 months and a maximum of 34 months.
Philion said Flare is in contact with leading exchanges regarding the upcoming airdrop.
“Regarding the distribution of FLR, we have been in contact with the largest exchanges to determine and meet the token distribution conditions.”
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