Flare Network’s much-anticipated airdrop to XRP holders appears to be set in stone, with a final plan for distribution confirmed.
Flare, which has planned for months to airdrop Spark (FLR) tokens to holders of XRP, is for the first time outlining how the distribution will happen.
Once the network goes live, Flare says that each eligible holder will immediately receive 15% of their claimable Spark tokens, and then claim an average of 3% per month, carrying on for a minimum of 25 months and a maximum of 34 months.
Flare says the slow rollout is designed to try and prevent excessive sell pressure or other negative effects on the Spark token.