Flare has taken to its verified Twitter handle to give notice of an updated flare token drop (FlareDrop.03) readily available to be claimed by all XRP investors that are holding Wrapped FLR (WFLR).
According to the report, users can claim their tokens by connecting their wallets to the Flare Portal or setting up auto-claiming.
Flare tweeted, “FlareDrop.03 is now available to claim for all Wrapped FLR (WFLR) holders. To claim your tokens, connect your wallet to the Flare Portal or set up autoclaiming.”
🪂FlareDrop.03 is now available to claim for all Wrapped FLR (WFLR) holders.
To claim your tokens, connect your wallet to the #Flare Portal or set up autoclaiming.
For more, check instructions in the #FlareDrop guide. https://t.co/RkNHMtaLST#ConnectEverything pic.twitter.com/wbOCMXsSqv
— Flare ☀️ (@FlareNetworks) May 16, 2023
History And Statistical Distribution of Flare (FLR) Airdrop
FLR token airdrop kicked off on January 9. The airdrop was for XRP holders who participated in the snapshot in December 2020. Statistical data records that the initial stage of FLR tokens distribution witnessed over 4.279 billion Flare (FLR) tokens dispersed among Countless addressees. Beneficiaries of the FLR first phase airdrop include users on UpBit, Kucoin, BitBank, Bithumb, Binance, OKX, Kraken, etc.
During the initial phase of the FLR airdrop, the XRP community benefited from 15% of the total FLR tokens supply at a ratio of 1.0073 FLR per XRP. Subsequently, Flare launched 36 different monthly FlareDrops that amounted to 24.2 billion claimable FLR coins for users who already have their FLR tokens wrapped up.
Read Also: Coinbase Sued for Refusing to Airdrop Songbird (SGB) and Flare (FLR) to XRP Holders
There will be 35 different distributions of 676,040,637 FLR coins and one final distribution of 584,760,871 FLR tokens in the 36th month. This distribution pattern started on 17th March 2023. The tokens are claimable after every 30 days.
In another development, a new auto-claiming feature, which allows users to claim FLR tokens without user input, was launched on Flare.
XRP Ledger Reaches Milestone In Number of Minted NFTs
In just six months after the XLS-20 proposal went live on the mainnet, a move that brought Non-Fungible-Token (NFT) functionality to XRP Ledger (XRPL), RippleX has recorded over 1.3 million minted NFTs. Over 740,000 offers to buy NFTs have been accepted on the XRPL, making XRPL rank among the top blockchains for NFTs transactions and sales volume.
Also, there are presently more than 5,000 total issuers and hundreds of varying NFTs collections cutting across different use cases ranging from shows and ticketing to music and IP access rights.
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