PocketBits will support the Flare Networks Airdrop of SPARK token for all users that HODL XRP.
XRP holders do not have to do anything at this time, just continue Hodling!
We will take a balance snapshot of all PocketBits XRP holders on the 12th of December 2020 for distribution of the airdrop.
The SPARK token distribution ratio would depend upon the amount of SPARK tokens obtained by PocketBits from Flare Network and would be distributed to users depending upon the percentage of a particular users XRP holdings.
Things to take note of:
- XRP deposits and withdrawals will be paused from the 11th of December 2020 midnight.
- Deposits and Withdrawals for XRP will resume after the snapshot.
- Trading of XRP would not be affected during this period.
- Only users that hold XRP at the time of the screenshot would be eligible for the airdrop.
- Users with an XRP balance lower than 10 XRP will not be eligible for the Airdrop.
- Only wallet balance would be considered. Any in order balances (Pro-Trade Orders) would not be considered as a wallet balance.
The SPARK tokens would be distributed to the eligible users after Flare Network completes the distribution to all participating XRP ledgers. We will post a further announcement once the distribution is completed.
*NOTE: The trading services for SPARK will only be determined once the token is live in the market and post a listing review by our team of Analysts.
For more information on SPARK token airdrop by Flare Network: https://bit.ly/2VdxVbz