Songbird is the Canary network for Flare, it will have two distinct phases. The absence of a link between network safety and the native token, the Spark, allows for greater flexibility as to how the native token can be used. It can thus be leveraged as a scaling method for smart contract networks without relying on economic safety mechanisms. This means for every 1 $ XRP that was held at the time of snapshot 0.1511 $ SGB will be allocated.įlare Network is a distributed network running the Avalanche consensus protocol adapted to Federated Byzantine Agreement and leveraging the Ethereum Virtual Machine. $ XRP holders who participated in the Flare Network (FLR) Airdrop snapshot in December will receive a Second Airdrop: The total starting supply will be 15 Billion with initial inflation of 10% per annum through the FTSO and validator rewards systems. Flare Networks has announced a new Airdrop Fork as it plans to launch a Canary Network called " Songbird". Songbird will have its own token, Songbird ($ SGB), which will be distributed once only and in the same ratio to all the same recipients of the FLR distribution.
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