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Flare (FLR) Airdrop Explainer
On January 10, 2023, Kraken accounts that had an XRP balance at the time of the snapshot, taken on December 11, 2020, received FLR tokens for which they are eligible.
Flare Protocol is sharing its remaining token distribution with holders of wrapped FLR. This will be split into 36 installments over time, and each installment will be proportionally allocated to each applicable wallet.
To calculate the amount due to each wallet, the balance will be calculated based on 3 random snapshot chosen from the 23 days prior to distribution day (example: if a wallet contains an average of 0.0001% of total circulating supply of WFLR, then the wallet will be eligible for 0.0001% of the next distribution allocation). More details in (FIP.01): Summary & Implementation
Non-centralized exchange users may miss out on future airdrops so Kraken has chosen to facilitate an automatic airdrop distribution so you don’t have to claim it manually on-chain.
Here is what you need to know about the Kraken socialized distribution system:
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