Finally, Flare Network has decided the amount and rate of Spark tokens they will be airdropping. These tokens are available to those who held XRP tokens when the snapshot was taken on December 11th! A total of 45,827,728,412 tokens will be dropped to those who held XRP in participating wallets. The breakdown of XRP to Spark tokens is 1 XRP token gets1.0073 Spark tokens. With a total supply of 100 billion FLR tokens, this represents 45% of the total supply.
Most people who bought XRP before the date and held it after the initial drop most likely broke even or made money with the last XRP rally. If they sold their tokens like a lot of people did then the Spark tokens will be the pure profit. Now the price of the tokens has not been decided and who knows how much it will be worth by the time all of the different exchanges and wallets carry it but as only as it's worth anything well that's profit.
Overall the airdrop has turned out a lot better than the whispers I had heard were saying so I am happy with this result as any positive result is a great result!
If you enjoyed it and would like to further support me I have referral spots available on Coinbase Earn for Compound (COMP), Band Protocol (BAND), and Stellar Lumens (XLM)! I have attached my links below if this interests you! Thank you for reading and stay safe out there!
Compound https://coinbase.com/earn/comp/invite/86ztmj3w
BAND https://coinbase.com/earn/band/invite/qydxm7tj
XLM https://coinbase.com/earn/xlm/invite/c6t0xd7s
