📈Official Report
FRL Airdrop Ratio for XRP and FRL holders — Official Report
The Farming Labs team has completed the snapshot of XRP and FRL holdings to determine the eligibility and ratio for the upcoming $FRL Airdrop. We are excited to announce the final figures for the total number of XRP tokens and FRL tokens held by eligible participants at the time of the snapshot.
We’re committed to transparency and ensuring that our community is informed about how the tokens were distributed. As such, we’re pleased to share the following details:
XRP holders: The total number of XRP tokens held by eligible participants at the time of the snapshot was 129,067,626.912251 XRP Details List: https://docs.google.com/spreadsheets/d/1cfmDlq3whMfZfs0nc3GRZRv7CnuRaafaQWMVuj7QVjM/edit?usp=sharing
FRL holders: The total number of FRL tokens held by eligible participants at the time of the snapshot was 210,859,583.740649 FRL Details List: https://docs.google.com/spreadsheets/d/1cg79aMdWO_C7fveM51mBgeg-BLKBMO0LKGLTZnnDy1k/edit?usp=sharing
The final Airdrop ratios are as follows:
XRP holders: 1.1621814361
FRL holders: 1.6598723842
Ratio calculation
XRP Holders:
Eligibility: Set $FRL Trustline and held XRP tokens in your wallet at the time of the snapshot on April 26th, 2023 at 15:00:00 ET.
Distribution date & time: May 1st, 2023 15:00:00 ET
Total Airdrop amount: 150,000,000 FRL tokens
Ratio calculation: (Total FRL token airdrop amount for XRP holders) ÷ (Total sum of XRP token holdings across all eligible addresses at snapshot time) = FRL token airdrop ratio per XRP token held.
150,000,000 FRL tokens ÷ 129,067,626.912251 XRP tokens = 1.1621814361 FRL tokens per XRP Token held
FRL holders:
Eligibility: held FRL tokens at the time of the snapshot on April 26th, 2023 at 15:00:00 ET.
Distribution date & time: June 1st, 2023 15:00:00 ET
Total Airdrop amount: 350,000,000 FRL tokens
Ratio calculation: (Total FRL token airdrop amount for FRL holders) ÷ (Total sum of FRL token holdings across all eligible addresses at snapshot time) = FRL token airdrop ratio per FRL Token held.
350,000,000 FRL tokens ÷ 210,859,583.740649 FRL tokens = 1.6598723842 FRL tokens per FRL Token held
Remarks
It is important to note that the distribution of FRL tokens will occur on different dates for XRP and FRL holders. XRP holders will receive their airdrop on May 1st, 2023, while FRL holders will receive their airdrop on June 1st, 2023. The airdrop will be distributed directly to the wallets that held XRP or FRL tokens at the time of the snapshot. Help Build a Better Future for Agriculture
If you’re interested in supporting the future of sustainable agriculture and want to be a part of a community that’s committed to making a positive impact, then the Farming Labs presale is the perfect opportunity for you. By participating in the presale, you’ll have a chance to own FRL tokens and be a part of the revenue sharing mechanism that will incentivize you to hold on to your tokens and actively participate in the growth and success of the platform. Don’t miss out on this exciting opportunity to be a part of the future of agriculture. Join the Farming Labs presale today!
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