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2022-02-23 00:49
We‘re thrilled to announce that we’ll be supporting the Songbird (SGB) token airdrop for XRP holders!
The airdrops snapshot of XRP balances was taken on December 12, 2020 at ~00:00 (UTC). Client accounts (both spot and margin) that held XRP at this time have now been credited with 0.1511 SGB for every 1 XRP held on the platform.
Please note that clients residing in Japan are not eligible for this airdrop.About leveraged positions
If you held a leveraged long spot position through the snapshot, youll be credited a balance of SGB corresponding to this position.
If you held a leveraged short spot position through the snapshot, weve waived any negative SGB balances that may have arisen.Funding and Trading
You can add SGB to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin February 22.
Heres what you need to know: Ticker SGB Tradeable against USD, EUR Price precision 4 decimal places Deposit confirmations required 60 confirmations (~2 minutes) Not available in Japan Services available Kraken, the Kraken Pro interface
Keep an eye on the status page for updates.What is Songbird?
Songbird is the Canary network for Flare. Songbird is intended to serve as an experimental blockchain where developers can test out their projects and governance mechanisms before deploying them to Flare. The SGB token serves as the network‘s base currency, and may be used in the protocol’s governance.Share this:
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