Hi! If you have many XRP, you can receive SPARK token in 1:1 proportion.

According to the information published on the Flare Network portal, this utility hard fork will generate the native Flare token, which will be assigned through an airdrop.Through this procedure, some 100 billion sparks will be created, of which 45 billion will be allocated during the profit fork.

As part of the process, currently 45,000 million XRP are distributed with which the equivalent number of sparks can be claimed. The remaining FLR balance will be allocated during its launch, which will take place between March and May 2021. The plan is to assign the new token on December 12 at 00:00 UTC, when the balance capture (snapshot) of all the addresses of the XRP Ledger blockchain that will participate in the airdrop will be taken.

During this entire process, the XRP deposit on exchanges will be interrupted two hours before and released at the end of the event. This is expected to facilitate XRP stock registration for all those who wish to participate in the subsequent launch of FLR in 2021.

As for cryptocurrency wallets, the list is constantly updated as well. Exodus, Ledger and MetaMask will participate, among others. As additional steps, if the registration is done with this method, it will be necessary to prove that you own an Ethereum wallet and proceed to use an "XRP toolkit". The last way to participate, self-custody, is similar to making a token claim through one of the wallets that supports the event. In this case, the user will have to match their XRP ledger address with a Flare address. The deadline to do so is June 11, 2021.

The plans of the XRP Labs and Flare Network networks to operate together and launch the Spark token have been announced for a few months, although they have been collaborating for about a year to allow the execution of Ethereum functionalities in XRPL. The project is carried out through Xpring, Ripple's investment wing and technology incubator. Ripple made a strategic investment in Flare Networks in 2019, which published its white paper last August. It explains in detail how XRPL will be added to the Flare ecosystem, including running the utility fork.

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