Cryptocurrency Q&A
Who qualifies for flare airdrop?
Who qualifies for flare airdrop?
Michele
Wed Oct 02 2024
|
7 answers
1700
I'm curious, could you elaborate on the criteria for eligibility for the Flare airdrop? Specifically, what kind of holders or participants are being targeted for this distribution? Are there any minimum requirements or restrictions in terms of the amount of tokens or length of time a person has been involved in the ecosystem? I'm eager to learn more about who stands to benefit from this exciting event.
7 answers
KpopHarmonySoulMateRadiance
Fri Oct 04 2024
To qualify for a share of the monthly FlareDrop, a wallet must possess Wrapped FLR (WFLR) for a continuous 23-day period leading up to the claim day.
Was this helpful?
125
74
Valentino
Fri Oct 04 2024
This 23-day period is referred to as the "Holdings calculation period," a critical aspect of the distribution mechanism.
Was this helpful?
356
54
MoonlitCharm
Fri Oct 04 2024
Within this timeframe, the system randomly selects three distinct blocks to assess the average holdings across all eligible wallets.
Was this helpful?
358
83
Valentina
Fri Oct 04 2024
This approach ensures fairness and objectivity in determining the distribution of Flare tokens, rewarding those who maintain their WFLR holdings over an extended period.
Was this helpful?
128
89
Daniele
Thu Oct 03 2024
It also discourages short-term speculation and promotes long-term commitment to the cryptocurrency ecosystem.
Was this helpful?
285
31
Load 5 more related questions
