Flare (FLR) tokens received by XRP holders on Binance $FLR FlareNetworks FlareCommunity XRPCommunity $XRP XRPArmy XRPHolders
The Flare token distribution on Jan. 9 marks the first 15% of the overall public token distribution; the remaining 85% will be distributed over 36 months.
Based on the results of a community vote on Flare Improvement Proposal 01 , the distribution method for the remaining 85% of the token supply will be determined.Regardless of whether FIP.01 is approved or not, the total number of tokens allotted for public distribution is 28,524,921,372 FLR, as mentioned in a blog post. This equals a ratio of 1.0073 FLR for every 1.0000 XRP held., Flare has accomplished a big feat with the launch of its Layer 1 Oracle Network.
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