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How will FLR be distributed among cryptocurrency holders?

avatarmxmorningstarNov 26, 2021 · 3 years ago3 answers

Can you explain the distribution process of FLR among cryptocurrency holders in detail? How will the distribution be carried out and what factors will determine the allocation?

How will FLR be distributed among cryptocurrency holders?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    FLR will be distributed among cryptocurrency holders through a process called airdrop. This means that FLR tokens will be given out for free to eligible holders of certain cryptocurrencies. The distribution will be based on the snapshot of the blockchain at a specific time, and the amount of FLR received will depend on the amount of the eligible cryptocurrency held by the holder. The distribution ratio may vary depending on the specific rules set by the project team.
  • avatarNov 26, 2021 · 3 years ago
    The distribution of FLR among cryptocurrency holders will be determined by the project team behind FLR. They will decide which cryptocurrencies are eligible for the airdrop and the distribution ratio for each eligible cryptocurrency. The team may take into consideration factors such as the market value, liquidity, and community support of the eligible cryptocurrencies. It's important for cryptocurrency holders to stay updated with the announcements and guidelines provided by the FLR project team to ensure they are eligible for the distribution.
  • avatarNov 26, 2021 · 3 years ago
    At BYDFi, we believe in fair and transparent distribution of FLR among cryptocurrency holders. The distribution process will be carried out based on the snapshot of the blockchain at a specific time. Eligible holders of certain cryptocurrencies will receive FLR tokens in proportion to the amount of the eligible cryptocurrency they hold. We are committed to ensuring a smooth and secure distribution process for our users and will provide detailed instructions and support throughout the process.