Dear Readers,

In a major development and the major crypto airdrop, the Flare FLR tokens were airdropped to XRP Holders. 

This airdrop was much awaited for more than 2 years.  This is considered as the cryptos major free air drop. 

For those who had XRP in on Dec 20, 2020 would get the FLR tokens by 9 January 2023.  Even if they sold the XRP on the next day by Dec 21, 2020 would get this airdrop. 

For every XRP, equivalent FLR token would be eligible to get the same exchange where they had the XRP. 

But only 15% of the FLR tokens would be given to them on Jan 9, 2023. The remaining 85% of the coins are scheduled to be distributed over the next three years.

For the understanding, Flare token (FLR) is the network's native token used as a gas for paying transaction fees on the Flare Network. Additional tokens that represent other assets (called F-Assets) also exist, such as a representation of XRP called FXRP.

XRP is the cryptocurrency used by the Ripple payment network. Built for enterprise use, XRP aims to be a fast, cost-efficient cryptocurrency for cross-border payments.

We have already written a article on XRP in the title, " Ripple Network Undervalued?" in December 2022. 

Those who missed out, can read this with the above link.