Jump to content

Return after 2 years, not knowing clearly what to do to claim FLR


BabyMoon

Recommended Posts

To start off, I'm overwhelmed by all of the guides and instructions out there.

I've got some XRP at the Dec 2020 snapshot.

In April 2021 I setup my Gatehub wallet to receive FLR.

After 2 years away from crypto, I come back, checking Gatehub I saw on Jan 9 2023 I received the 15% distribution.

I searched the internet and here's what I've found and done:

- Gatehub won't support additional distribution, they said users should send FLR to a supported wallet to claim the rest.

- portal.flare.network seems to be where I should be. I read the instruction, created a metamask wallet, enabled the FLR mainnet there, then connected the wallet to flare portal

- Then I sent my FLR from Gatehub to metamask, then on flare portal I wrapped my FLR and delegated them to 2 FTSOs

A few questions?

- Am I good now? Did I miss something?

- According to the Flaredrop distribution dates, is it correct that I've missed the March 17 2023 distribution for good?

- It seems now I will receive addtional FLR based on how much WFLR I have. Like, the system won't care how much XRP I have at the snapshot, now I can even buy more FLR and wrap them. I will receive 2.36%/15% monthly of whatever amount of WFLR I have connected to flareportal. Are these all correct?

Thanks in advance.

Edited by BabyMoon
Link to comment
Share on other sites

11 hours ago, BabyMoon said:

- According to the Flaredrop distribution dates, is it correct that I've missed the March 17 2023 distribution for good?


I could be wrong but I thought you had two or three months to claim that distribution….   perhaps try it?

 

11 hours ago, BabyMoon said:

It seems now I will receive addtional FLR based on how much WFLR I have.

Yes exactly so.

 

11 hours ago, BabyMoon said:

I will receive 2.36%/15% monthly of whatever amount of WFLR I have connected to flareportal.

No that’s not correct.  Firstly the amount is distributed according to some algorithm I can’t recall exactly but it won’t be those exact percentages.  It partially depends on how many people are claiming for example.

Also it is not granted because you are ‘connected’ to Flareportal.

It’s based purely on the amount of WFlare in an address.  I don’t have experience using MetaMask and the portal because I use Bifrost Wallet.  But irrespective of how it’s accessed, the distribution is based on WFlare in an address over three snapshots semi-randomly done through the month.

I am not an expert but hope that helps a bit.

 

Link to comment
Share on other sites

×
×
  • Create New...