#Spark token update#

#Step 1: Get WalletĮthereum wallets that will support the Flare Network includes MetaMask, Cobo Vault, D'CENT Biometric Wallet, Ledger Nano X and Ledger Nano S. The same wallet will later be used on the Flare Network to access your Spark tokens, make sure you have a backup of the secret key or recovery words.

You use an address from an Ethereum wallet to produce a message key and claim Spark tokens. The Flare Network uses the same address format as the Ethereum Network.

#Spark token update#

You can update your message key and Flare address at any time until 11th June 2021, 23:59 UTC. Your message key will be public on the XRP Ledger and used by the Flare Network to determine where to distribute your Spark tokens. Adding a message key to your XRP Ledger account does not affect security, message keys are only informational. You claim Spark by adding a message key, representing a Flare address, to your XRP Ledger account. It's enough to complete the claim process once per XRP account. You can send and receive XRP as you normally would after completing the claim process. For additional details about the Spark token distribution see this blog post.Ĭlaiming Spark does not affect your XRP balance, other than costing the minimal XRP Ledger transaction fee of less than 0.00002 XRP. At the end of the claim period, all unclaimed Spark tokens will be burned. Your claimable Spark amount depends on your XRP balance on 12th December 2020, 00:00 UTC and you have until 11th June 2021, 23:59 UTC to make your claim.

#XRP Ledger SnapshotĪt the inception of the Flare Network 100 billion Spark will be created, 45 billion Spark will be claimable by XRP holders. You can use Bifrost Wallet developed by Towo Labs to send, receive and delegate Spark tokens. Your last valid message key will be used for the coming Spark (FLR) distribution. The snapshot occurred on XRP Ledger index 60,155,580 and the Spark (FLR) claim period ended on XRP Ledger index 64,204,315.