FLR Airdrop Distribution Terms and Conditions
Nexo will officially participate in the Flare (FLR) Airdrop Program and distribute the designated FLR - Tokens for the eligible (XRP) holders.
As described on the official Flare website, the airdrop will happen according to the snapshots that Flare took at the first validated XRP ledger index number with a timestamp greater than or equal to 00:00 (UTC) on December 12th, 2020. The airdropped FLR amount for each eligible user holding XRP will be calculated based on the ratio: XRP: FLR = 1: 0.151095.
Eligibility
- The snapshots included XRP balances in both Credit Line Wallets, and Savings Wallets.
- XRP balances above 1 XRP would be eligible for the airdrop.
- FLR token will be listed on the Nexo platform.
- All eligible XRP holders, that are current Nexo clients will receive their tokens straight into their Nexo accounts after the successful token distribution event.
- All eligible former Nexo clients hereby consent that the only way this airdrop will be distributed to them is by transfer to clients’ own wallets, outside of Nexo. Each eligible client will receive a typeform to fill-in and provide own address. You, as a client are solely responsible for making sure that:
(i) you have the correct address for your Digital Asset Wallet provided via the typeform;
(ii) the Digital Assets you wish to receive into your Digital Asset Wallet are supported by it and not subject to prohibitions or limitations. If you transfer Digital Assets to an incorrect address, or if the Digital Assets transferred are not supported by your wallet, or are subject to prohibitions or limitations regarding such transfer, your Digital Assets will be irreversibly lost. We will not be liable to you for any such loss.
- The filled-in typeforms will be accepted no later than January 15, 2023, 00:00 UTC. Any typeform submitted after this term will be deemed not eligible and will not participate in the distribution of the airdrop.
- Nexo will distribute FLR tokens after the project has completed the FLR token distribution, as described on the official Flare website.
- Citizens and residents of Bulgaria and Estonia, and of prohibited jurisdictions are not eligible to receive this airdrop. For more information, please refer to relevant Terms and conditions.
