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Tomorrow is the day. The biggest distribution event in history of Cryptocurrency is happening.
>>53181276is it too late to receive airdrop, what must one do?
>>53181276I remember buying xrp just to hold it before the snapshot 2 years ago.
>>53181276This is like Ethereum, but bigger. First day there's going to be a massive sell, don't be scared, it's normal because it's free money and people want to cash out. During 2023 we're going to see FLR flying over $1, I tell you.
>>53181298Lol same and they say XRP was not a "security"
Bitrue Flare (Pre-distributed IOUs) is currently sitting at 50c each and only trading on 2 exchanges. With 15% AD distributed (4.278b Flr) the total MCAP of total available supply is only 2.24b on day 0.According to https://flare.network/fip01/For PoS, the industry average is 48.08% staked. Considering FLRs delegation mechanism and high APY, I expect this to be much higher. If this number is correct, the circulating supply would be 2.222b FLR or an unlocked MCAP of 1.111b at current prices which only makes it a top 35 coin and would reach $69 for average market supply to reach mETH.At 66% staked, the circulating supply is 1.45b with a current MCAP of 727m. ($105 each or x210 at mETH MCAP).At 75% staked, the circulating supply is 1.07b coins with a current MCAP of 534m. ($142 each or x285 at mETH MCAP).With the number of exchange listings off the bat with distribution to be staggered throughout a few weeks as each exchange has slightly different release dates, price action will likely be sharp climbing to price discovery with occasional doomps with each exchange release that bounce back up quickly, caused from the initial dump from AD redeemers offset from people buying from the market and wrapping their FLR for about ~10% APY in 3.5 day reward epochs for the first ~6 months.Keep in mind that with more people doomping their FLR from the airdrop, the more likely it is for FIP.01 to be approved as their share would be bought at market and the % of holders that wern't included in the XRP claim increase and will also want gibs on top of delegation rewards. Because of this, If FIP.01 vote is a yes, the value per coin will likely skyrocket.Since it's Post-Quantum Signature Federated Byzantine Agreement with Turing-Complete Smart Contracts and Price Oracles (QRL, Ethereum, Avalanche and Stink rolled into one), it might actually have a chance to be the Eth killer.
>>53181298I held on Binance and months later they shut my account down because I’m from the us… I held 30k xrp at the time. Some bulllllllshit.
>>53181401>I held on Binance and months later they shut my account down because I’m from the us… I held 30k xrp at the time. Some bulllllllshit.This is how fortunes are lost.
>>53181401Where is this shit being deposited anyway? I remember something about an ETH address but I forgot about this shit since the drop date got pushed back so far.
Forget the shitcoins, this is the real Ethereum killer.
>>53181396good infocan someone confirm that IF i sell my 15% airdrop, i won't be eligible to receive the rest of 85% IF the proposal passes? this is very confusing, how the fuck do i even know if the proposal passes or what if i move my flr somewhere to be wrapped and staked and how the system will know that i did that and doesn't think that i sold and then i don't get the rest like whaattaafuuuck
>>53182478Even if you don't sell you will not be eligible if it passes. You need to wrap it to get the rest of it.
>>53182478It doesn't matter if you sell.If FIP.01 doesn't pass, nothing changes.If FIP.01 passes, the 2.37% airdrop supply per month is shared with delegated Wrapped Flare on top of delegation rewards.
>>53181336Kek fren, I think an army of us are salivating to buy those flare being sold off. I don't think we'll see a big dip
>>53182741So no matter what airdrop bros get the full amount?
>>53182759No, if fip passes you HAVE to delegate to get more than the 15% initial drop.
>>53181288this, what's this all about? I've heard something about Flare but have no clue
>>53182781But how much do you even have to delegate?
>>53182888The entire amount anon. With fip, under a certain % total delegation (I think 60) you will get more flare from the monthly drops than the regular airdrop mechanism. Over that % you will get less. I won't vote for fip because of this. I would rather have to wait for it to moon than see it moon, sell some and lose future drop allocation.
>>53182888Depends on your share of the delegation pool. More FLR wrapped and delegated, more of the airdrops.>>53182871>>53181288It's 2 years too late for the 15% drop of the total airdrop supply but if FIP.01 vote passes you can get the other airdrops by hodling and staking/delegating. You can buy IOUs on Bitrue early or wait until Binance or preferred exchange opens trading.
>>53182955good info, have a rare frog meme pic for the information provided.can you explain that if i for example, receive the 15% which is 1000 FLARE, i immediately sell them, but if the FIP.01 passes, and i want to receive the rest(85%) of my flares, do i need to buy that SAME EXACT amount of 1000 flares back and wrap them so i have the same exact amount what i received OR does the staked amount only matter even it's less what i was dropped?
>>53183048There was just an ama on Twitter spaces with Hugo about all this a few minutes ago. The continuing drop is dependent on wflr. When you delegate, just like on sgb you will get wflr. Whoever is holding wflr during each of the 3 monthly snapshots earns a % of the monthly drop proportionate to their wflr holdings.
>>53181288Hold before 2019
>>53183101No. The fuck you say? The snapshot was in December 2020.
>>53181276>181276▶>>53181288 >>53181298 >>53181336>Tomorrow is the day. The biggest distribution event in history oYou guys are retarded schizos. What FLR? Talking about this stupid FLR token for 2 years now. Go fuck yourself, Ranjeesh.
>>53183125Fuck off newfag. Men are speaking here.
>>53183091oh okay, now i understand.so IF the proposal passes, the 85% rest of the airdrop shit will be forfeited and after that you'll get airdrops only for holding wflr during each of the 3 monthly snapshots?do you know any info for these questions:when the proposal starts/ends? is there some kind of countdown website etc. for checking when the snapshots are or are they random?
Eligible for 5,000+ of these. Seeing how many people don't know about the snapshot makes me realise I did a good thing.
>>53183175>the 85% rest of the airdrop shit will be forfeited and after that you'll get airdrops only for holding wflr during each of the 3 monthly snapshots?exactly. The only thing that I am still confused about is this: your delegation of flr will get you the airdrop as long as you hold the wflr. However, the WFLR also gives you delegating rewards. I am not certain if the 85% airdrop is dependent on these additional rewards, or if you can sell the extras (just the pure delegating rewards) and still get the full 85%. I will probably ask this question during the next ama.
>>53183228nice anon. Small stack, but it could be significant. If we end up having a run like ICP did, which we very may due to the massive number of people going to be holding on to their drops tightly and buying every flare in sight...even small stacks like that will be lifechanging...the question then becomes, do you take the passive income (selling maybe 10-20% of each monthly drop, keeping the original 15% delegated and continuing to delegate the tokens you dont sell....or do you sell everything in hopes that others will do the same and cause a massive dip, basically swinging your stack....I think if my 15% goes to 2mil+ I will have no choice but to sell and hope we dip...
honestly, make sure you anons dont make any rash decisions during the first few weeks while things settle and we figure things out. I will be posting here constantly with my analysis on the situation. One thing that was mentioned in the AMA was that you will be able to utilize your wFLR while still maintaining the delegating rewards the only thing that needs to be done is the smart contract that you interact with has to be programmed to pass the wflr delegator rewards to you. Hugo mentioned this was something the flare team is pushing for all smart contract writers to push into their code so we dont have to trust the contract provider to do it manually.
>>53181276two more weeks
>>53183279yeah im now wondering should i just hold like an #HODLer redditor and lose the gains or just swing like a motherfucking gambler i just dont know what to do. maybe the price isn't tempting enough to make me sell but i'm just feeling this ends just like SGB that the price will dump for months in a row..
>>53183579This anon here >>53165069has a decent write up of the drop (havent checked his math though) So if hes right, were starting with a 2.2b Mcap (at IOU prices, $.50). Apparently bridges connecting chains are going to be dead simple to make. We can expect to see XRP and SGB on chain almost immediately. Which I think is going to help the price action massively seeing as how these are both mature markets with high Mcaps on their own.
>>53183655also dont forget that SGB is the first step to flare governance. SGB WILL pump sometime before the first governance vote (not the FIP one though)
>>53182948Where will you be able to vote for this and how? And where do you delegate? I will get mine from Binance what the fuck is all this shit? I was promised full 1:1 if I held and did not sell all. This is what is wrong with fucking crypto people just change the rules after making a promise in the first place no wonder no one wants to put real money into this area.
>>53183681You just have to make 3 kyc accounts to delegate goy no big problem :)
>>53183681ya the proposed change is truly BS. Not only have we had to wait literal years to get the drop, but we also had to actually buy XRP and hold it during a snapshot to get this drop. The fact that anyone can come in now and get a portion of the allotment is a bit ridiculous, why all of the fuckery with the snapshot? DESU if they would be giving us more of the initial drop guaranteed, I would be more apt to vote for it. Something like 50% guaranteed, 50% requiring delegation.
>>53183681also, no idea where the vote will take place. I have to imagine its going to take a couple weeks at least for the vote to happen / finish because some of the exchanges are going to take a bit to get the funds to their owners. Really anons, stop using CEXs
>>53183757>>53183772I was going to use some of my drop to pay bills and now these onions filled faggots want me to lock them all up to get them all.
This information may interest you. FLR is crashing an astonishing 20% hours before the airdrop. From 51c to 41c in just 4 hours.
>just lock your airdrop up for 36 months lol
>>53183800Yeah no shit, they're anticipating drop dump and selling their pretrading for it.
>>53183279>having a run like ICPShut the fuck up with this retarded shut.Icp scam pumped to $750 DOLLARS...usa federal notes.What happened there...people should be in prison for.If flr even goes to a dollar it will be a fucking miracle.
>>53183800ah the mini crash seems to align with the AMA this morning. There were questions about the IOUS (which is what you are seeing there) and the only response that hugo could give was that in his dealing with the issuer, they have been above board, but he knew nothing about the mechanics of the IOUs and has nothing to do with that system. Its probably people fudding themselves out of their bags. >>53183789I was really hoping to have some excess cash from this too, but I guess thats going out the window...however, the fact that you can farm with the wflr while maintaining your delegator rewards and thus your airdrop allocation (although keep IL in mind). That could be an option for getting cash out of the system with less risk to your airdrop.
>>53183854do you even understand the mechanics of what is about to happen? We have to lock 100% of the initial 15% drop(this all that will be in circulation) AND continue to lock 100% of the rewards in order to maintain our airdrop. We can also purchase other peoples airdrops simply by buying either FLR or wFLR. I wouldnt be surprised if this goes somewhere near $100 and kicks off the start of the bullrun. Unless everyone spazzes out and dumps everything immediately, which by the level of engagement by the community, will not happen.
>>53181396>price action will likely be sharp climbing to price discovery with occasional doomps with each exchange release that bounce back up quicklyheaven for swinging>>53183802>Yeah you've waited for 3 years, but what about the new people? Think about them!!!!!!!!!
>>53183877>heaven for swingingif you are in it for the airdrop, there are 3 random snapshots taken per month that will prove your ownership. It could be super risky to swing.
>>53183876>I wouldnt be surprised if this goes somewhere near $100 and kicks off the start of the bullrun.There's no need to jump the shark.
>>53183579>that the price will dump for months in a rowWhat do you think the odds are that this is the real eth killer?Be honest?Thats your answer.The only shitcoin that has not gone -99% is binance, and that is only because cz props it up.Who is the benefactor with mega deep pockets that will prop this up?
>>53183876>>53183877They're allowing people to just buy in right away to vote aren't they? Such a retarded scam.
>>53183681>promised full 1:1Its easy, they are liars. People moved real money around, took tax consequences to do it based on a 1.1 xrp hold, then they rugged it...just kidding retards!
>>53181298i put a leveraged short on XRP minutes after the Flare snapshot, easiest money ever.
>>53183737>>53183899>They're allowing people to just buy in right away to vote aren't they? Such a retarded scamNow you understand. Fip1 will pass in a landslide because of this.
>>53183933Honestly I probably have to just wait until all the faggots make it skyrocket so they can vote and then sell it. I've been out of money for a while now and this was the last thing I had to pay shit off.
>>53183899yup, this is one of the reasons I am so bullish on the price...but a bit upset about my stack. Lots of game theory here.
15% of something is better than 100% of nothing
>>53183876Bro, this is next level hype, are they paying you to do this????I want you to be right, if it goes to $100 i will be 750k on the first 15%.There is no universe where i dont dump and never look back.
>>53181401if you had the XRP at the time of snapshot you should get your FLR on binance
>>53183964weve seen crazier things and random shitcoins have been pumping lately. Flare has had over 2 years of hype building for this day. There are so many eyes on it.
also remember that we wont be having the usual exchange fuckery going on since exchanges were specifically not included in the original snapshot. Also, if an exchange decided to not support the drop for their customers, nothing will be given to those guys. If an exchange wants to list flare, they WILL HAVE to buy from us.
>>53183964The only thing you can do. If it goes even 10x then selling the 15% would be better than selling the 100% at this current price.
>>53181276I had some xrp at the snapshot, am I actually going to get something?
>>53184192You get 15% no matter what. They're allowing big money to come in and buy a ton to vote to make it so you have to delegate for 36 extra months to get the full 100%.
>>53184192you gotta check if the exchange you used will get the airdrop
>>53184200I held on my ledger. How do I redeem sirs?
What time does this shit drop, 24:00 UTC tonight? I've put so much time into learning all their failed user interfaces. I just don't fucking care anymore. Too bad, because I used to.
>>53184257Assuming you put an eth address note on your xrp wallet at the time you were supposed to then you just wait until the mainnet launches and then you'll add it to metamask and unlock hardware walklet etc.
>>53184266No lol it's like 23:00 UTC on the 9th
>>53183964> if it goes to $100It's going to less than 5 cents.hth.
>>53184257If you didnt sign after the airdrop you gave them up.
>>53184315classic meme
>>53184313Probably, but it should pump a bit before the voting since big money jews are allowed to take things away from people.
>>53184266>>53184309flarepedia.com/tde
>>53184200It was bitstamp
>>53184333Your stupid post makes me not feel bad about stealing your Checkems
>>53184402100 Checkems scheduled for deposit
>>53184313This is 99% likely.Even if it goes to double digit dollars, say 10 or even 20, is it even worth selling? Or do u just let it ride and hope for the best?
>"Guys you get this".>"Only you actually dont here have some songbird instead".>"Not satisfied? Ok well dont worry youll still get your flare at 1:1">"Well actually maybe not but haha no hard feelings goy?">>53184348Fucking classic jewry bait n'switch this is
>>53184428Just have to hope that the big money jews are willing to pay like 50 billion to take the normal airdrop away from people. Most likely they will.
>>53184333https://docs.xrptoolkit.com/claim-flare-tokensIf you didn't do the needful, you forfeited the airdrop.Thankfully i did this on exodus wallet and they did this shit automatically or i would have lost mine too
>>53184445Hahaahahah
>>53183948Im rooting for us anon, i just think there is some insane talk here.Icp was 100% a rigged exit liquidity scam.Imagine flr going to 500 dollars lol.
>>53183802I love him, so fucking based
>>53184492I still have my songbird just sitting in my wallet. Never delegated or anything, do you think that'll pump too?
>>53183279>>53183579Remember the uniswap airdrop? Anons sold off for PS5s and regretted it hard. The staggered release mitigates dumping
>>53181926No thanks, I am gonna buy the shitcoins on flare mainnet and only keep enough flare for gas
>>53184546Look at the chart, they are still regretting it if they didnt sell the scam pump. +$1 a day for 30 days.Thats totally normal right anon????Also, the uni scam pump happened months after the airdrop for literally no reason, no news, no change, no new version, just a scam.
>>53184533I have no idea why sgb has any value at all anon...i delegated mine and in 2 years i got 500 more...so what tho.
>>53183125Seriously WTF is this shit
>>531843130 chance for it to go so low. The mere fact that you have to delegate it in order to get the rest of your allocation plus the fact that you can buy other peoples allocation will shoot this through the roof in no time.>>53184533It will 100% pump. The way governance works on flare is that before we can vote for something on flare, it has to pass an intimal governance on SGB first. This means SGB holders gatekeep flare governance...>>53184630It has value because its a canary network for flare. Things will be tested on SGB first. SGB gatekeeps flare.
>>53184726>intimalderp>initial*
Is the drop segmented, if so, what are the details? I held 10k xerps at the snapshot
>>53184726>It has value because its a canary network for flare. Things will be tested on SGB first. SGB gatekeeps flareWhat is the value of the Bitcoin core testnet?How about the ethereum testnet?
>>53184757did you miss the part where I said any governance vote for flare HAS to be approved on the SGB network first?>The way governance works on flare is that before we can vote for something on flare, it has to pass an intimal governance on SGB first.If you want any control of what you can vote on on flare, you have to have SGB.
Very nice of Flare Network to wait until the 2-year bull market is over to finally do the airdrop smack in the middle of a bear market!
>>53181276about a year too late, but meh, free money is better than no free money
>>53181276So after waiting for 2 years, they are only giving us 15%? What a fucking scam, I'm happy I dumped SGB at the top and can't wait to dump this crap again as soon as possible tmr.
>>53186272You were always only getting 15% then staggering the rest over 30 months which is still the case.However, the very first proposal to be voted on, briefly, is if you do not wrap and delegate your airdrop, you forfeit the rest. This is proportional based what you do, including if you buy more you get more.So, in no other way to frame this, they are rugpulling the airdrop strictly for the benefit of the people that did not hold xrp during the snapshot.This is peek crypto scamming.
>>53181276>>53181288>>53181298>>53181336>>53181348>>53181396>>53181401>>53181459>>53181529>>53181926>>53182478>>53182515>>53182752>>53182759>>53182781>>53182871>>53182888>>53182948>>53182955>>53183048>>53183091>>53183101>>53183116>>53183125>>53183175>>53183255>>53183279>>53183303UNTIL BIZ MODS START BANNING REATRD AND UTTER SHIT LIKE THIS BULLSHIT THREAD AND THE POSTERS IN IT WHO ARE BOT SPAMMING/ADVERTISING THEIR RETARED BOORING CRAP SCAM /BIZ/ WILL BE A DEAD AND WORTHLESS BOARD. JUST FUCKING DELETE THIS BOARD. LOOK AT THIS FUCKING THREAD. IS /BIZ/ THE ONLY BOARD THAT HAS JANNIES AND MODS THAT ACTUALLY ALLOW FREE ADVERTISING AS LONG AS ITS SOME PILE OF SHIT SCAM?
>>53186565fuck off caps lock retard. This has been an ongoing discussion for 3 years.
>>53181276The day all crypto gets btfo’d. XRP and Flare unironically makes everything irrelevant
>>53181336>This is like Ethereum, but bigger>4 million usd raise
>>53181276So do we sell or delegate?
>>53184753If you didn’t set up on metamask or you kept on goybase you’re not getting shit nor did you ever get SGB
>>53186565My replies are 100% not spam tardo>>53186758Question of the ages...
>>53186866Fucking kek jannies finally squashing seething bitfucks
Advice to all of you receiving tomorrow, you should probably go on mickybfresh’s (yes, the name is gay nigger shit) YouTube and watch some videos about distribution, delegation and the upcoming vote. The guy is completely obsessed with it and has been up to date every single day for 2 years
>>53186565Daily reminder that newfags are always the most vocal.>>53186758see >>53186479>So, in no other way to frame this, they are rugpulling the airdrop strictly for the benefit of the people that did not hold xrp during the snapshot.Is that really a project you want to invest in? Same team that will ban you on telegram for pointing out how smug their replies are. They're cunts.
Is it worth throwing 500 into this shit token?
>>53181276I was too stupid and new too capitalize on this when the airdrop was announced. I'm genuinely asking; why should I care, even though I own XRP?
>>53187408>Same team that will ban you on telegram for pointing out how smug their replies areso theyre giving you an answer and then you are being a smart ass about the answer? ok anon. As much as I dislike fip1, there is 0 doubt that in certain circumstances you could end up with more flare than you would have gotten originally. It also allows even those who are deciding to keep their entire allocation the opportunity to increase their airdrop allotment size. There are pros and cons to this new proposal. Coming in here with reddit spacing, calling people engaging in this conversation 'newfags', exposing yourself as a vapid complaining bitch will not convince anons to listen to your suggestions. Maybe try using your brain and think things through before you have an emotional response, it would get you much further. We all know that you are going to sell your sub 1k stack of flare and then will come here shortly after, posting wojacks, lamenting the fact that you sold, then trying to convince yourself that you will somehow still get the other 85% and have enough money to cover rent for the month...Plz go back we dont want you here.>>53187492Why would you throw any money into a token that you think is shit? Have you guys not learned your lesson about buying into garbage yet? If you want to find out if something is good for you, at least start with reading the whitepaper. This is not a quick buy and sell token, were playing with a 3 year timeframe for how this airdrop is going to start paying out.
>>53187970read the many posts that have been on biz this past week anon. You will get a good idea what flare is about. This thread alone has some great info about it all. Lots of info was spoonfed here, my info was coming directly from twitter posts the flare team made, and through the amas I have sat through for this.
>>53181529kek, most of the airdrop is gonna end up in lost wallets, isn't it?2 years in poor peoples mind is like eternity in a shitcoin casino's restroom
>>53187970well first, you should dump all those useless xrpies and buy into flr
>>53184757kekity kek
>only had 500 xrp in exodus at the time of the snapshotIt hurts, bros.
>>53183955
>>53188135anon flare and XRP go hand in hand. Flare is the smart contract layer for XRP. With the new changes and the fact that people are going to want to bring their tokens onto the XRPL the price of XRP should slowly, naturally drift upward due to required reserves being needed for everything on the XRPL
>>53187979>so theyre giving you an answer and then you are being a smart ass about the answer?Not what I said at all. They banned me for pointing out that there's no need to be condescending to people concerned about the proposal. That's s o y behavior.
I'm a demoralized xrp holder who qualifies for the airdrop. My SGB is worthless now. Are you cunts being serious, is it actually tomorrow? Any sources?
>>53188451>is it actually tomorrow? Any sources?google flare, you retard
>>53188436>They banned me for pointing out that there's no need to be condescending to people concerned about the proposal.exactly, being a smart ass. Unless that directly involved you, why get involved with randos in discord? Unless you have the same issue, or are attempting to help the community(as in explain shit to newcomers) then you generally should keep your mouth shut in discord chats. Otherwise its seen as rabblerousing and trying to stir up shit. You have twitter for that.
>>53188464No
Kek what’s up with all the retards who held through the snapshot and have no idea what’s going onFlare tech is incomparable to anything.
>>53188472Keep riding Hugo's dick, you might get their attention one day.
>>53188559I lost so much money this last year I stopped caringqrd?
https://www.youtube.com/watch?v=slNIg9rSqhMSo we're fucked if we sell the 15% and the vote passes. Fuck this kikery
>>53181288Have held XRP in your wallet December 12 of 2020.If you didn't too bad, so sad.>>53181336I'm going to snap up as much FLR as I can, because if the proposal passes I'll compound my earnings.>>53181401Welp, guess you shouldn't have trusted an exchange then.>>53182478You won't know until the proposal passes. This is to give you time to get out and make a fuck up everyone else profits from.>>53182759If the proposal passes, if you sell your 15%, you will have no FLR to delegate, and lose your 85%.I am voting for the proposal to screw over the dumpers.
50k of these bad boys coming to me, lfg
>>53182871Your fault for not doing any research.>>53182888As much as you can, preferably all of it. If you delegate half of your airdrop, you will only get half of the remaining 85%.>>53183048If you get 1000 FLR and immediately sell them, then the proposal passes. You will lose the remaining 85%... like you should.If you buy 1000 FLR back, you will earn staking rewards equal to the airdrop amount.If you buy 2000 FLR back you will earn twice that amount... from the 1000 FLR sold by someone else they didn't delegate. (You get their airdrop reward.)
>>53183091Of course, as you get each airdrop, you redelegate for compounding interest on top of compounding interest.>>53183125Too bad it releases tomorrow regardless of your personal opinion.>>53183228I here right along with you, I had over 4k USD in XRP at the time of the snapshot.>>53183255If the delegation passes, you must delegate. Holding just the FLR is not enough, you have to preform the extra step. Essentially the 85% airdrop ARE the delegation rewards. It turns the 85% airdrop surplus into rewards for you. You also get the amount other people didn't except proportional to how much they didn't put in. If only 10% of the total FLR airdropped is delegated, you get 9x the delegation rewards. As far as I understand it.
>>53187979>Have you guys not learned your lesson about buying into garbage yet? If you want to find out if something is good for you, at least start with reading the whitepaper. This is not a quick buy and sell token, were playing with a 3 year timeframe for how this airdrop is going to start paying out.See tezos for how this delusion really plays out.
>>53188904>If you get 1000 FLR and immediately sell them, then the proposal passes. You will lose the remaining 85%... like you should.>If you buy 1000 FLR back, you will earn staking rewards equal to the airdrop amount.>If you buy 2000 FLR back you will earn twice that amount... from the 1000 FLR sold by someone else they didn't delegate. (You get their airdrop reward.)If you dont why this is 100% scamonomics there is no hope for you. People like me literally took a tax consequence to maximize this airdrop and they are 100% rugging it.Fuck you and fuck them, you are all lying immoral fucking cunts.
>>53183757No, the proposal does not change the rate at which you get the airdrop. The rate is 15% and about 3% per month regardless if the proposal passes.>>53183789You get what you deserve dumper.>>53183800They are likely dumping to price intentionally to collect a large amount of the IOU.>>53183876I have a feeling that this will kick off the bullrun as well.>>53183899Correct, fuck the dumpers.>>53183948You are the 100th person I've heard this from. Shows you the real state of the economy when people are counting an a crypto airdrop to stay solvent.
If you dig really hard and read the contract a couple times, it is like finding a dude at a street corner that you never saw before in a city you dont know well where you have no known people and this dude say to you "gimme money, I will go over a there couple streets down and I will bring you double the money. Look my car and nice clothing. I am a dude of many money"And people agreed. no guarantees, no liability, no names, no faces, no addressesAnd there they wait for the guy to return
>>53189061I don't necessarily agree with the change, and I'm not trying to be a dick, but what were you planning on doing with the FLR? The idea has always been to get it, then delegate it, and throw it in the agent liquidity pool. FLR is only going to be pennies, there's no money to be made selling it immediately. I can't believe there are people who bought XRP solely so they could get FLR to dump. Makes no sense.
>>53184445This is why I am so bullish on FLR. Imagine 50 billion getting pumped into it, just to prevent dumpers from getting rich.>>53184533It already is, but SGB has all of the stake power of a testnet. I think it will dump not long after the FLR launch.>>53184585I plan to mint mine on launch>>53185233Except the bear market ended today lol.>>53186479This is a good post.>>53186758If you aren't smart enough to figure out either on your own, you shouldn't participate.
>>53189166>This is why I am so bullish on FLR. Imagine 50 billion getting pumped into it, just to prevent dumpers from getting rich.That's why you wait until this happens for the voting and then sell. Then you can just buy back after the dump.
>>53189130Not a single one of these questions matters to them changing the terms.You have to know this.
>>53189189My questions have nothing to do with the terms changing, I'm just curious if you actually thought you were going to make any money dumping FLR, and if you bought XRP for this purpose?
>>5318917550 billion in what?Dollars?
>>53189228In time, possibly. Pennies could mean alot.I have had xrp since presale, i bought it mailing a paper check to them as an early investor, an i bought more.So yeah.
>>53189061It has seemed scummy as hell with the changes and the constant delays. I'm going to be dropped some but I have no positive expectations.
>>53187970>You can convert your XRP into FXRP, and then use that money as a collateral to earn money from other people's trades.>>53188451https://mobile.twitter.com/FlareNetworks/status/1612237590857486336
>>53189262That's what everyone measures their market cap in.
>>53189437So you are saying by mcap this will be number 4 on cmc, right?Within days?
>>53184726>shoot this through the roofWhat the hell is wrong with you people. That doesn't create demand. It's just more ponzinomics. People actually ha e to want to build and use the network in order to drive demand, like any other platform.Flare doesn't have anything going for it. And this airdrop and lockup nonsense is scammy af.
>>53189457Quote where I gave any kind of timeframe.At best you could suggest I gave one of less than 3 years. If you stretch the meaning of>just to prevent dumpers from getting richDumpers can dump at any time.>Regardless, it is possible it could. Unlikely but possible.
>>53183655bridges are the most difficult thing to make in crypto by far. check the stats, bridges get exploited more than any other component in crypto. expect massive dumps based on sgb, because the ftso's will 100% dump every month because its free $$$. their bridge system hasn't even begun development.
>>53189715But FLR is built to make bridging extremely simple.
>>53189514thisstay awayyou don't want wealth
>>53189732And the toothfairy exists too
>>53189715f-assets haven't been developed yet?
>>53184608Oh so it's just like every other crypto
>>53181276I held xrp during the snapshot but don’t have any now will I still get the airdrop?
>>53189749I guess technically you can't make f assets until the chain exists, but I digress...>>53189745Has no fucking idea how flare actually functions. Not only will it bridge its own ecosystem, it can bridge most EVM ecosystems. Even Cardano.
>>53189749nope, not even developed on their sgb testnet, when asked about it in their discord their lead dev said no ETA on it. their bridge was supposed to counter act the massive token inflation, without it flr is just a shitcoin that's supply increases by over 100% yearly
>>53189732what you mean is onboarding new assets onto the bridge will be easy. problem is the bridge hasn't even been built yet.
>>53189769>CardanoLMAOThe absolute state
>>53181459>mfw had 50K xerpies on Celsius
>>53189852That's real pain right there anon. More reason why self custody of assets should be prioritised, I store major of my assets and NFts on Sylo smart wallet where I get full control
>>53181276im so stoked for tomorrow, fellow flamersnot only am i praying you make it, but also that israel ceases to exist and anime becomes real
bump
>>53191387cope
>>53188388>Price of XRP should go upHAHAHAHAHAHA HAHAHAHAHAHAHAHAHAH AHAHAH HA HAHAHAHAHAHAHAHAHAHAHAH HA AHHAHAHAHAHAHAHA
>>53189767If you signed up after, yes. Check xrpscan with your address, there’s a flare tab and you can see if you qualify.
>>53189765I know right?
>>53189774>100% yearlyKek
>>53189130>The idea has always been to get it, then delegate it, and throw it in the agent liquidity pool.I despise you faggots with a passion. Don't tell me what my plan is, faggot.
>>53191439>xrpscan with your addressimplying I didn't make an xrp wallet for the snapshot and completely forgot about it since I though it would seamlessly go to the 0x address.
>>53194022Thanks for playing
>>53182948>>53182955If I get FLR on coinbase, how will I delegate it?
>>53194202you won't anytime soon, coinbase has only said they would support in 1st half of 2023.
>>53194202>FLR in goybasenewfag, I…
can i buy 1 xrp to get a ton of this flare shit airdropped or are they making it proportional to your xrp holdings
>>53181276Got no flr, only SGB on binance some time ago. What can I do with it? Its kinda worthless
>>531943521:1 FLR/XRP only for 2020 godkings
>>53194335I've been in crypto 6 years lol>>53194211So does that mean that I'll never get the rest because I can't delegate?
>>53194371wrap & delegate them on bifrost or donate to charity
>>53181926Anything called Eth killer dies easily. Just stack more ETH. I'm getting some passive income from ORE/ETH pair.
Anybody have a choice FTSO? Looking to wrap and delegate as soon as I get my tokens.
>>53189980Self custody is so much important. We saw what happened in 2022. Attention should be given to privacy-focused projects.
>>53184757>comparing SGB to testnets that have fucking faucetsYou're a special kind of ignorant. Captcha related
>>53189784I'm starting to look at projects that makes onboarding easy for Non-tech savvy individual into the blockchain. Mention some.
>>53181396The price of Flare IOUs took a huge dump today and none of the tokens have even been distributed.Someone trying to manipulate the price before the airdrop?
Guys can someone give me a simple walkthrough on how to delegate this if the proposal passes. My airdrop is on binance; so can I wrap my tokens on there? If not which DEX can I do it on? Do I withdraw straight to my metamask from Binance to do it? How long do I have to wrap and delegate before the snapshot etc?This is so fucking confusing I just thought I could hold on binance for a few years to get the 100% of my 1:1 xrp-flr stack as I was promised before jews got involved.
wen happening ser?
>>53194405I think you mean 0.15:1
>>53181276>this pnd is different trust me
>>53195698If your tokens are in the exchange's wallet, they'd have to provide the UI for you to delegate, which they likely won't. So you'd transfer to your own wallet first.If it's anything like SGB delegation, then first you wrap your tokens, then you choose up to two providers to delegate your wrapped tokens to, which is a separate contract transaction. Then, every week, you can submit a transaction to claim your earnings. You can wrap/delegate at any time. The rewards are weekly.
>>53184757Kek retard. Kusama mooned hard for an uneeded token that will be going to 0 shortly after regulations
>>53195572wtf do you think? someone dumped 10 million IOU's on bitrue, so a whale fucking around with 5M usd(to start with anyways)...what do you think, you are reason and logic anon.who has that many of these?could it be the devs?
>>53195900Why would the devs wait until the last minute to dump everything all at once when they could have been dumping slowly over a period of months at inflating prices?
>>53195827Where should I have my own wallet and where to delegate it?
>>53196022Metamask works. I've been using https://app.ftso.au/wrap for SGB, and it looks like they'll be set up for FLR now too.
>>53195572There is no reason for FLR to be more than 4 cents right now. This is just smart people dumping on retards while they still can.
>>53196072thanks anon;; is this dapp legit https://app.flareoracle.io/ ?
>>53196135No idea, haven't seen that one before. Double-check your transactions and the contract address when you sign, and maybe test with a small amount first.
damn after I fucked off all the retards came out to play.
you niggas ready to get rich?
>>53196424>you niggas ready to get rich?YES IM FUCKING READY AWWWWRITEEEEEEEEEE
>>53196393>4c>richso how many are you getting and how much are you buying?
>>53196662I am getting quite a few actually. I kept the bulk of my xrp on my ledger at the time of the snapshot and had a little bit on nexo to farm the high XRP APR. Removed it a long ass time ago though as I didnt want any contagion to hit nexo and effect my bags, nexo got me a good bit more too so that a really good play. Wont say the exact amount but im talking xx,xxx. As for buying. I wont be buying into any sort of pump. Thats an easy way to get burned, especially when I have so many already. If we have a crab or a dump, I will start buying basically until the ecosystem stabilizes and starts its upward movement. I have learned my lesson on bulk buys for starts like this, DCA all the way.
>>53189852post wallet I will send you nothing, you brainlet
>>53181276so wtf do i do when i get my FLR in my XUMM wallet? i dont want to miss any of the remaining drops
>>53197521if you lay down on your back and hold still I will drop something on you
>>53197521You have to delegate your entire stack (turning it into wFLR) Once its wFLR, you are all set to receive the future drops, you just need the wFLR in your wallet. Basically, the subsequent airdrops are for wFLR holders. You are also about to utilize your wFLR in smart contracts (say to provide liquidity)and still receive both the future drops and the regular delegator rewards. This is dependent though on the contract writer putting the code in to pass those rewards on to you, as technically the holder at that point is the smart contract (the flare team is advising all contract writers to put that bit of code in) Otherwise the contract admin will have to manually pass it on to people. Make sure to remember that IL is a thing though when in LP and you could end up getting less(or more) of your drop due to a swing in price during the random snapshots each month (there are 3) that prove ownership of your flare.
>>53197741I should clarify that this is specifically if fip1 passes. Anons, vote no on fip1. If fip1 doesnt pass, then you will automatically receive the airdrop each month for 3 years, so make sure to keep that wallet safe.
>>53197741But what wallet? Where do you do this?
>>53197759anon you obviously dont understand crypto basics. You need to take a step back and learn about shit. Your question makes little sense.
>>53197759did you play around with your songbird? You really should have since its basically a carbon copy of flare.
There are 2 scenarios. Fip1 passes, or it doesnt pass. If it doesnt pass, the original airdrop plan starts. You will get 15% of your drop followed by 3 years of monthly airdrops into the wallet that you registered on the XRPL. If fip1 passes then the new airdrop plan is to drop you the 15% of your airdrop (this part doesnt change). At this point if you want the other 85% of your drop you have to delegate your flare to an FTSO provider. When you do this you receive wFLR. With fip1, it is the wFLR that shows the flare team where to drop your monthly allocation of the airdrop.
>>53197754What would be the incentive of voting 1? I mean right now SGB basically functions like that, you wrap your SGB then delegateAlso I’m at work right now and I have to drive a few hours to get access to the device I have my FLR set up, when exactly is the airdrop?
>>53197783Yeah I put songbird on my metamask. If I go to some weird site called Flare oracle something or other I can wrap it. I guess Ill do the same with Flare. Fuck off with your "you dont understand crypto basics" - this is fundamentally different to any other network becuase usually you wrap a token to swap not to delegate, but here apparently wrapping means delgating somehow.
>>53197833Ohhh okay never mind >>53197833I get it now, but it seems like that would incentivize holders to participate no? I for one am constantly checking up on my SGB delegations/staking weekly. You get a 3 day grace period to delegate anyway but I’d understand someone who isn’t up to date with it would want 2
>>53197521hahaha oh no>JUST
>>53197771But this is what pisses me off about this proposal; its like "fuck the normie hodlers we'll just carve out more of the token for us insiders" its pure fucking greed and its despicable jewry.
>>53197849fip1 only benefits original airdrop recipients if the % of tokens delegated remains below a certain % I think it was somewhere around 60, but im not 100% sure. If it goes over that % (which lets be honest, it will) then original airdrop recipients get less than their allotment. fip1 really only helps the people who decided to NOT hold XRP on the snapshot.
>>53197833>>53197894Do you know if option 1 would guarantee a higher delegating reward coupled with compounded rewards from the additional WFLR? If 2 passes I would asume the weekends reward is based on just the previous week meaning you’d have to manually wrap the airdropped tokens, while if 1 passes it would be the previous week + the airdrop right?
>>53197949Ohhhhh fuck2 it is. Fuck newfags we suffered too much, imagine all the faggots who just recently bought after le heckin bitboy and shit. I’m voting 2.
>>53197869Its exactly the same mechanics as any other crypto. If you were holding your XRP in self custody, there was 0 reason to "move it to metamask" I am also using metamask to delegate my SGB (my drops are going to a ledger). However, I simply use metamask to access my ledger. There are some basic mechanics with wallets that you need to learn. >but here apparently wrapping means delgating somehow.you are completely not understanding. You delegate, and in return, you receive wFLR. Look at FTM. You are able to delegate your FTM to a validator and in return, you get sFTM. which you can then use freely while maintaining your FTM position and earn rewards on. This is NOT a new concept in the slightest.
>>53197937Kind of, technically the proposal can benefit OG snapshot holders if we keep the % delegated down. Its a double edged sword but I will absolutely not support it.
>>53197741thx anon>>53197554>>53197895here is your (((you))) now shut the fuck up while grown men are trying to make money
>>53197958This is a big question I have. Do you need to also delegate your delegation rewards to maintain the original airdrop? Thats something I havent seen answered yet, but I assume that the answer is yes, mainly because the airdrop goes to wFLR holders, and if people who simply bought some FLR delegate (say they purchased the first round of delegation rewards) then they should be eating a part of our airdrop.
>>53183966I can't even use that site in my country now
>>53198001>my drops are going to a ledgerLet me clarify, my drops are going to a wallet that is secured by my ledger. The only device that has touched this seed key is my ledger though.
>>53198047VPN my fren. I suggest using one of DVPNs offerings like exidio. Hopefully your account is still there if you had XRP on it.
WHERE DAFUQ IS MY FLARE!!!????
>>53197937>But this is what pisses me off about this proposal; its like "fuck the normie hodlers we'll just carve out more of the token for us insiders" its pure fucking greed and its despicable jewry.absolutely
>>53198021>I will absolutely not support it.absolutely not, they are just as unethical as any other fucking scammer.
>>53198033>Do you need to also delegate your delegation rewards to maintain the original airdrop?basically you get rewards for yield farming. If fip1 passes then first 15% is an airdrop, thats it, the whole rest is fucking yield farming food token bullshit, the more you stake(delegate) the more you yield.thats it, the end.despicable.
so what happened to your 4 million raise project?did they start up their tendermint already?lmao
>>53198092https://www.flarepedia.com/tde
>>53198226Ah okay.
Explain for a brainlet here.My drop is going to the ETH address I set up originally right?And then do the wFLR I have to do that through the XRPL?I run a real business and don't have time to study internet tokens constantly.Please enlighten me so I can stay in business and still profit from internet tokens.
>>53181276Two years waiting for the biggest dogshit airdrop in history, they can't even give you money right ffs
>>53198438It's going to the ETH-compatible address you set up, on the Flare network.Wrapping tokens has nothing to do with XRPL. You wrap them using a smart contract on the Flare network, then delegate your tokens to the FTSO (Flare Time Series Oracle) of your choosing. Then, you earn rewards based on how well that FTSO performed (how accurately it predicted the price of assets on the network). You can wrap your newly earned tokens to compound your rewards, and redelegate them if you want to pick a FTSO with a higher reward rate.
>>53198186So we’re just getting screwed out of 85% of our drop. Fantastic. Oh, and people can just buy after this shit dumps, stake, and take gains themselves.
>>53198784>Oh, and people can just buy after this shit dumps, stake, and take gains themselves.Yes, that is what I plan on doing. The money was never in dumping. The money has always been in delegating, agent liquidity pools, and minting f assets.
>>53198784>I don't get to get rich for doing nothingYea sorry. Build your own FLR.
>>53198784>So we’re just getting screwed out of 85% of our drop. Fantastic.>Oh, and people can just buy after this shit dumps, stake, and take gains themselves.correct.yes, if you want all you were promised, you just have to stake your airdrop for 30 months, then you will get what you had coming to you.Watch for a immediate price spike while the bots sort out the initial market followed by a trailing drop +99%.
>>53189797Yes, it can interface seamlessly with the #8 10 billion market cap cryptocurrency because its based on an EVM.
>>53198881>+99%.-99%i crack myself up.
>>53198850I wasn’t planning on getting rich, I saw how SGB went.Just would have been nice to just get the 85% with no bullshit after this was delayed for years.
>>53198922>I saw how SGB went.Why would SGB be worth anything? It was just used to test the network.
>>53198881>Watch for a immediate price spike while the bots sort out the initial market followed by a trailing drop +99%.The amount of cope from people who missed the airdrop.
>>53181276How the hell do I get my flare
wonder if i'll get any flare>t.had my xrp on coinbase
>>53199742kek you fool. There was a reason the flare team was begging people to self custody.
>>53199775b-but i thought coinbase was going to be ok
>>53199775> I begged you!
>>53199925Literally no CEX is "ok" They all sell crypto they dont have (meaning they are taking buy pressure away from the real market) they all trade against the positions their customers take, meaning the market has more volatility as a whole and the prices are kept either artificially low or high, both are bad since its artificial. Self custody and using a dex is the only acceptable way to use crypto. CEX should be used only as an onramp/offramp(sometimes) for fiat. Many of the current dexes even have CEX like interfaces, making even midwits capable of utilizing their services without having to learn.
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