Swissquote confirms distribution of Flare tokens
Leading Swiss online bank Swissquote has provided an update on the Flare token (FLR) airdrop.
In a message distributed via social networks, the company said the Flare tokens have been distributed to affected clients as part of the previously announced airdrop.
The allocation rate is 0.1511 FLR for every 1 XRP held in clients’ accounts at the time of the snapshot on 12 December 2020.
In January, Swissquote said that, following the recent announcement by its liquidity provider, the company was preparing the distribution of Flare tokens on its platforms. Swissquote said back then it was making sure to make this new token compatible with its ecosystem and to set up a verification mechanism.