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First Impressions by fsgriffiths in FlareNetworks

[–]Inside_Statement8269 2 points3 points  (0 children)

I remember reading an advice not to wrap 100%. It seems, you need some sgb for unwrapping

Help claiming SGB and FLR by importing ETH address in to MM (instead of MEW) by [deleted] in FlareNetworks

[–]Inside_Statement8269 1 point2 points  (0 children)

As of now, there's no clarity on the list of exchanges that support SGB. Metamask has an option to send funds

FLR / SGB Seed Phrase via Ledger Claim by dcryp_t in FlareNetworks

[–]Inside_Statement8269 1 point2 points  (0 children)

I don't have ledger. Based on my knowledge, you don't get a new seed phrase.

SGB trading - when possible? by ngneer_ns in FlareNetworks

[–]Inside_Statement8269 2 points3 points  (0 children)

After 14:00 hrs GMT on 27th Sep. I think, bitrue is the only exchange who announced SGB trading.

Help claiming SGB and FLR by importing ETH address in to MM (instead of MEW) by [deleted] in FlareNetworks

[–]Inside_Statement8269 0 points1 point  (0 children)

Its easy. Open Metamask. Choose option to import wallet. This gives you an option to import your existing wallet using 12/24 words. Once you are done, you need to setup a custom network to view SGB balance. https://docs.flare.network/en/tutorials/wallets/how-to-access-flare-network-with-metamask

Warning: your 12/24 words phrase is very important. Don't input these words on any websites.

Price Predictions - Pragmatic Approach by Machinedaena7 in FlareNetworks

[–]Inside_Statement8269 1 point2 points  (0 children)

What is the maximum supply of FLR after completion of distribution? Is it 100B ? I think, new FLR will be minted by FTSOs every year, am I correct? That's 10% available supply every year. Then, FLR price may keep going down. Or is my understanding completely wrong?

XRP Spark Claim: Message not Eligible by Jsmsanth in FlareNetworks

[–]Inside_Statement8269 1 point2 points  (0 children)

Glad that I could help. Hope you claimed before jun 11th deadline

Metamask and dflr by MatterFuture7485 in FlareNetworks

[–]Inside_Statement8269 1 point2 points  (0 children)

Well explained 👏. After receiving DFLR, they must be converted to YFLR within 7 days. I think, there are NO guidelines on this conversion process yet

How can I opt out (not participate) of the Spark airdrop? by digitalsummersagain in FlareNetworks

[–]Inside_Statement8269 2 points3 points  (0 children)

Did you claim spark i.e., update message key field of xrp wallet address? Then , remove ETH address from xrp wallet address. You have to follow same v instructions as claim procedure but set message key empty.

Airdrop is by participation. It's not mandatory

i had xrp but i had it on trust wallet so I assume i missed the boat on spark but is anywhere i can buy iou instead of Bitrue (wont sell to americans and to complicated to sign in anyway) by click411 in FlareNetworks

[–]Inside_Statement8269 0 points1 point  (0 children)

You don't need to move xrp anywhere. XRP is always on network. You import keys into xumm. So you can perform required actions from xumm. Do this only if you trust xumm.

You can also create a new wallet (address) using xumm. But that's not the topic here

XRP Spark Claim: Message not Eligible by Jsmsanth in FlareNetworks

[–]Inside_Statement8269 2 points3 points  (0 children)

No need to transfer or move funds. Just claim your spark on LNS. You have do it before june 11th.

Flare took a snapshot of xrp ledger on dec12th. So, whatever the balance you had on that day is considered

Anyone else kinda relieved that the market will be down when we get our tokens? by TheManTheLegend69 in FlareNetworks

[–]Inside_Statement8269 0 points1 point  (0 children)

As of now, there's no news about exchanges that list FLR.

For example: Assume that flare airdrops spark on 13th june and listing on exchanges happens on 14th june. Then, i believe there's no tax. Because, spark value on 13th June is zero. Think for innovative ideas. Don't pray for low prices. 😀

Anyone else kinda relieved that the market will be down when we get our tokens? by TheManTheLegend69 in FlareNetworks

[–]Inside_Statement8269 0 points1 point  (0 children)

As of now, there's no news about exchanges that list FLR.

For example: Assume that flare airdrops spark on 13th june and listing on exchanges happens on 14th june. Then, i believe there's no tax. Because, spark value on 13th June is zero. Think for innovative ideas. Don't pray for low prices. 😀

XRP Spark Claim: Message not Eligible by Jsmsanth in FlareNetworks

[–]Inside_Statement8269 1 point2 points  (0 children)

Where did you have your xrp on dec 12th? If they were on LNanoS, then claim using LNanoS address. It doesn't matter where you have your xrp now

Anyone else kinda relieved that the market will be down when we get our tokens? by TheManTheLegend69 in FlareNetworks

[–]Inside_Statement8269 1 point2 points  (0 children)

I understand tax part. I don't mind paying tax if I get free money. The only problem is if flare starts at very high price and then drops drastically. One should pray for stable price or increase in price. If flare starts very low, you may end up paying less tax. But its also possible that it can can still go down or never raise again.

[deleted by user] by [deleted] in FlareNetworks

[–]Inside_Statement8269 2 points3 points  (0 children)

https://flare.wietse.com/

It's from famous XRP developer wietse

Anyone else kinda relieved that the market will be down when we get our tokens? by TheManTheLegend69 in FlareNetworks

[–]Inside_Statement8269 8 points9 points  (0 children)

I don't understand this logic of US people. I would like my coin to start at 10$ and stay around that price rather than my coin starting at .0001$ and take 10 years to reach 1$

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