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Huobi Japan Set To Distribute Flare Networks (FLR) Airdrop to XRP Holders: Details


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Huobi Japan, a top Asian crypto exchange, will airdrop Flare Networks token (FLR) and Songbird (SGB) to eligible XRP holders on its platform. The distribution date and time are yet to be determined.

In a Friday notification, Huobi Japan confirmed the execution of the long-awaited Flare Network tokens airdrop (FLR and SGB) to XRP holders on the crypto exchange. 

Part of the announcement read; 

"Huobi Japan has decided to distribute the FLR token ( FLR ), which was announced on October 12, 2021, to customers."

"Scheduled date and time of issuing are undecided. As soon as it is confirmed, we [Huobi Japan] will inform you on our website, app, etc."

As revealed in the update, the eligible XRP investors are those who held XRP at the time of the snapshot and whose account has not been frozen by the exchange. 

December 12, 2020, was the snapshot date and the number of tokens to be airdropped to each eligible user depends on how much XRP was held at the snapshot time by the user.

Therefore, the Flare Network token (FLR) and Songbird token (SGB) will be airdropped to eligible users at a ratio of 1:1. 


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