What is the total amount of Flare that can be earned by holding XRP?
Sharu RajiNov 27, 2021 · 3 years ago3 answers
Can you explain how much Flare can be earned by holding XRP?
3 answers
- Nov 27, 2021 · 3 years agoSure! By holding XRP, you can earn Flare tokens through the Flare Network's Spark airdrop. The total amount of Flare you can earn depends on the amount of XRP you hold in your wallet. The formula for calculating the amount of Flare you receive is based on a snapshot of XRP holdings taken on December 12, 2020. The ratio is approximately 1 XRP to 0.1511 Flare. So, for every 1 XRP you hold, you will receive around 0.1511 Flare. However, it's important to note that the exact amount of Flare you receive may vary depending on the final distribution calculations by the Flare Network.
- Nov 27, 2021 · 3 years agoHolding XRP can earn you Flare tokens through the Spark airdrop by the Flare Network. The amount of Flare you receive is determined by the amount of XRP you hold in your wallet. The distribution ratio is approximately 1 XRP to 0.1511 Flare. This means that for every 1 XRP you hold, you will receive around 0.1511 Flare. Keep in mind that the snapshot of XRP holdings was taken on December 12, 2020, and the final distribution calculations may slightly vary.
- Nov 27, 2021 · 3 years agoCertainly! By holding XRP, you have the opportunity to earn Flare tokens through the Flare Network's Spark airdrop. The amount of Flare you can earn is calculated based on the snapshot of XRP holdings taken on December 12, 2020. The distribution ratio is approximately 1 XRP to 0.1511 Flare. This means that for every 1 XRP you hold, you will receive around 0.1511 Flare. However, please note that the exact amount of Flare you receive may vary due to the final distribution calculations by the Flare Network. If you have any further questions, feel free to ask!
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