Ideally all applications that launch on Flare, especially those that utilize the FTSO and F-Asset systems will test initially on Songbird. First, advanced testing and community building for applications that wish to launch on Flare. In all periods Songbird has two other core uses. Post Flare launch, Songbird is intended to be a long term network for testing governance led changes to Flare, such as the incorporation of new F-Assets, changes to the FTSO, F-Asset systems or any other network change. The FTSO and F-Asset protocols will be live on Songbird with F-Assets generated from the underlying tokens.This will improve the security, stability and credibility for the ultimate launch of Flare.
Token songbird series#
Prior to the launch of Flare, Songbird will be instrumental in the continued testing of the Flare Time Series Oracle, the StateConnector and F-Asset systems and the network architecture. Songbird Airdrop is the Canary network for Flare, it will have two distinct phases. Polkadot is the originator of the Canary network concept, with their Kusama Network. This allows for the hardening of the system under testing.
The defined and scarce token supply may confer value to the token, potentially making it attractive to attackers such that testing is as “real” as it can possibly get. This is in contrast to a testnet which generally has an unlimited token supply available in increments to any user through a faucet. On a Canary network users have a balance that cannot just be replenished at will.
Token songbird free#
If you’re eligible for the FLR airdrop through a self custody wallet and have completed the claim process before June 12th, 2021, then you will also get free SGB.If you’re eligible for the FLR airdrop through an exchange, then you’re also eligible for the SGB airdrop but you may need to contact the exchange to get a confirmation.The snapshot remains the same as of Flare which was taken at the first validated XRP ledger index number with a timestamp greater than or equal to 00:00 GMT on 12th December 2020.Songbird will be airdropping free SGB to FLR airdrop participants.Eligible users will get free SGB at a ratio of 0.1511 SGB : 1 XRP. Songbird will be airdropping free SGB to XRP holders based on the same snapshot as of Flare which was taken at the first validated XRP ledger index number with a timestamp greater than or equal to 00:00 GMT on 12th December 2020. With the remaining 20% in reserve to aid in funding future projects and to help expand the XAC ecosystem.Īstral Credits utilises the SONGBIRD PoS smart contract network which enables secure, low fee transactions with near instant finality.Songbird Airdrop is the Canary network for Flare, it will have two distinct phases.
Token songbird for free#
Tokens are distributed to the community for FREE via a faucet with a built-in deflationary supply schedule to help promote strong Store of Value (SoV) like properties.Ĩ0% of tokens to be distributed FREELY to the community. Astral Credits boasts a fixed supply cap, sound monetary policy and a free & fair distribution model to promote strong Store of Value (SoV) like properties.Ī hard cap of 1 BILLION Astral Credits have been minted to ensure the value each token represents cannot be debased through monetary inflation. Our vision is to bootstrap a completely self-sustaining ecosystem through the free & fair distribution of XAC tokens to the FLARE NETWORKS community. Astral Credits is a community-driven cryptocurrency project developing decentralized applications on the SONGBIRD Network, built upon sound money principles.
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