FLR (flare) tokens airdropped materials originated on January 9, and it has been a few years since the snapshot update of XRP (XRP) holders on December 12, 2020. The proportion of FLR airdropped materials is 1.0073 FLR/1 XRP, of which 15 per cent of the replenishment is distributed to the community.

A total of 28.5 billion FLR were distributed, and according to FLARE's tokenology, 58.3% of the total Gensis FLR supply will be distributed in 36 months.

What is a flare?

FLARE is a layer 1 block chain technology with Oracle system, which aims to enhance the interoperability between fragmented application software (Dapp) and block chain technology. Although OTP was recently launched, the agreement launched its main network on July 11. So far, the FLARE main network has solved more than 70 million transactions and more than 500000 distinctive wallets.

FLR follows most of the airdrop routes.

According to CoinGecko, FLR tokens were gradually bought and sold at a price of $0. 05 on Jan. 9, under the premise of relatively low liquidity on the MeXC exchange. After its launch, with exchanges such as Binance, okx and Kraken gradually buying and selling tokens for airdropped goods, the price of tokens soared to 15 cents.

Shortly after the increased liquidity of the central exchange arrived, the price of FLR tokens gradually plummeted. As of this writing, the price of FLR has fallen 76% to $0.02, and its 24-hour turnover is slightly less than $50 million.

Although airdropped goods provide XRP holders with a long-awaited FLR dynamic password, for most airdropped goods, it makes sense to sell them immediately. There is no doubt that the relevant evidence of real success is whether the first layer of the Internet and the interoperable Oracle test case usage continues to grow.