What is Spark Token Airdrop & How to Take Part?
Update as of January 2021
The snapshot took place on December 12th 2020
As said by the FLare Networks the Spark Token $FLR will only be issued in Q1-Q2 of 2021.
Reminder: Spark $FLR will be issued by the network when main net goes live. This is anticipated Q1-Q2 2021.
— Flare (@FlareNetworks) December 13, 2020
A video update on Spark Token Distribution
What is Spark token?
Spark token is a native token of the Flare network. The Flare Network is a distributed network running the Avalanche consensus protocol adapted to Federated Byzantine Agreement and leveraging the Ethereum Virtual Machine.
How can I receive a Spark token?
Anyone who holds XRP in self-custody services can participate in this airdrop. If you keep your XRP in Guarda, you will be participating in the distribution, but you will need to claim it to receive the reward.
When will Spark tokens be distributed?
The snapshot of the XRP network will be taken on December 12. The official distribution date will be announced later by Flare Networks.
Can I get and use these tokens now?
XRP and Flare are separate networks and the Flare network has not yet been launched, so you cannot manage these tokens right now. The exact date is unknown, but the testnet is already running!
How to claim Spark token?
To claim Spark token in Guarda, you need to send a transaction from your XRP wallet and link your ETH wallet. This is a very important part. The private key from your ETH wallet will be the private key of your Flare wallet with the same address, so keep it safe! Without this private key, you will not be able to access the Flare wallet.
Read More in Knowledge Base
How much will I receive?
The number of Spark tokens will be distributed at the rate of 1 token for 1 XRP in your wallet on the date of the snapshot, 12 December.
You need to have an XRP wallet in Guarda. Create it or import an existing one. There are no limits on XRP balance. You will receive as many Flare tokens as you have XRP at a 1:1 ratio.
Go to your Ripple Wallet
Open your XRP wallet and click “Airdrop”, then “Claim Spark”.
Choose your ETH Address
You will be redirected to this window where you need to choose your ETH wallet address. Spark token will be distributed at this address on Flare network, so be careful and store your recovery data in a safe place. If you have an ETH wallet in Guarda, just select it and click “Confirm”. If you don’t have an ETH wallet yet, select the new generated ETH wallet or import an existing one.
That’s it! All preparations are now complete and you need to wait for the December 12 snapshot and the official launch date. Subscribe to our newsletter so you don’t miss anything!
Please note, that this feature, for now, is only available on Web Guarda and Desktop App.