Songbird (SGB) Distribution Updates:
We wish to advise you of the following updates relating to the distribution of the Songbird (SGB) token on BTC Markets:
- At the time of writing, BTC Markets expects the distribution of the Songbird (SGB) token to eligible account holders* to take place at the end of October 2021.
- We are currently working on the distribution mechanism and will make further announcements both here, and on social media, as they happen.
- At this time, nothing further is required of eligible account holders to receive their full entitlement of Songbird (SGB) tokens once they are available for distribution.
Please see: Introducing Songbird, the Canary Network for Flare and Putting Songbird in Flight (flare.xyz) for further information on Songbird.
Spark (FLR) Distribution Updates:
Spark (FLR), the native token for the Flare Network, has yet to be released. Once launched, BTC Markets will distribute FLR tokens to all eligible account holders*. As yet, no timeline has been provided by the Flare Network for when Spark (FLR) will be launched. We will continue to update our customers on any further information as soon as it becomes available from the Flare Network.
*eligible account holders: account holders that held an XRP balance on BTC Markets during the Flare snapshot at 12am UTC, 12th Dec 2020.