Grand Master Jedi
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Thumbs up!
Same here. NICE...your getting your Songbirds! You can either sell, trade or collect rewards with SGB by wrapping and delegating them. When rewards are collected which are weekly one can either let them compound or sell them. Im choosing to sell my rewards/interest for passive income but as of right now Im going to let them compound up until Nov 5th which is when the EXFI drop happens. The more SGB you have in your Bifrost wallet on Nov 5th the more EXFI you’ll get (every 235 SBG = 1 EXFI). I read that EXFI has a small outstanding count of 80M. I believe only 40M are being dropped and 20M traded with 20M being kept in reserve. I believe their allocating smaller amounts because the price will be higher. We’ll see...
After the EXFI drop my plan is to start selling my SGB rewards which can be significant depending on one’s position. The amount of SGB distributed is based on a ratio of 15% of ones Flare position. If one had 100k Flare then they would get 15k SGB. The Flare ecosystem will have the same set up where one can wrap and delegate them to collect rewards/interest as well. Im planning on selling my SGB and XFLR (Spark/Flare) token rewards for passive income.
You got SGB? Yes! I enjoyed reading that. Well done amigo!
I know a few people who use Coinbase. I know they’re doing it for Flare but haven’t read anything about Songbird yet.
Great news! Will pass it along as I know a few people who use Uphold. Thank you
Just heard of this stock. I haven’t researched it at all but saw you on DWA*. I made very large there. Im out for now but not for good. Whats your opinion on this ticker? Any feedback is appreciated.
Theres a few videos out there. I don’t remember which one I watched but I remember watching it more then once in order to learn the steps. You’ll need to download the SGB app onto your Nano and make sure your Nano is fully updated with the latest firmware update. You’ll need to turn on developer mode under your Nano settings to download the SGB app. The video explains it as you’ll also need the Metamask Wallet and Bifrost Wallet as well. Although its a pain to digest it all its easy once you do it and worth it because youll start collecting weekly SGB that you can either sell or just let compound and add more to your bag.
Heres one video but there are other as well on Twitter and YouTube. GLTY: ATTENTION XRP HOLDERS: Learn How To Claim Your Songbird:
Damn lawsuit! To check if you have any claimed Flare tokens go to xrpscan.com and type in your XRP Nano Wallet address and it will show you if any were claimed. Find the Flare heading which I think has a yellow start and click on it. https://xrpscan.com/
SGB just dropped for XRP holders that claimed their XFLR (Flare) tokens thru their Nano Ledgers and participating exchanges. Those who were able to get their SGB tokens thru their Nano Ledger are eligible to get EXFI tokens which drop Nov 5th.
It pays to hold XRP. First claim was XFLR (dropping 2Q 2022 or sooner) then what followed was SGB which dropped a few weeks. Those who got SGB are eligible to EXFI drop on Nov 5th. When all said and done there will be a total of 5 drops. Those who claimed thru their Nano Ledger can get all of them (pain in the ass process to do but very worth it) and others are dependent on participating exchanges.
Yes, it seems to easy. Perhaps knowing the logistics will help understand. By the time Nov 5th comes we’ll be more then ready for the drop.
I got mine this morning and they almost doubled. I was shocked when I saw it. I’m going to keep the same providers (A-FTSO & ScandiNodes FTSO) for this Epoch cycle and see if I receive a similar amount. If its significantly less then Ill change. This is wild as I know I can convert these into $XRP and send them to Uphold and sell them. Holding all SGB rewards until after the Nov 5th. Im not sure how its done, but I’ve read in a few places now that as long as your SGB is in your Bifrost wallet, wrapped or unwrapped, you’ll automatically get EXFI.
Yes I believe Thursday or Saturday is the day to do so. Ill look it up later to confirm as Im going to want to be proactive in changing providers. The frequency will depend on the size of the rewards given.
True story!!
It will blow past $100 again...no worries
You’ll get yours....keep the faith!
Weeeeeeeeeeeeeeeeee!!!!!
I saw DWA* news late Wednesday about the merger with Trump. I sold all my positions at 8:30 Thursday morning and went in at 13.62 with everything I had. I was guesstimating a climb to maybe $20 but never did I think it was going to over $100. INSANITY!
Praying for that to be correct!
LOVE IT! At $80 Im into 6 figure gains....holding for now but this is getting nuts. When the market open the value of my account is going to go up faster then a fat kid doing a belly flop. Hgmmmmmm!!
Nearing $90 again....ahhhhhhhhhhhhhh! Holy Great Balls of Fire Batman were going to break $100!
Burn Shorties BURN!
Lets Go Brandon
YES! I went in large at 13.62 (4 min after yesterday’s bell) and all I see is green.....everyone I know is buying this sexy beast. Burn shorties! Burrrrn! Hgmmmmmmmmmm!
Lets Go Brandon
America is speaking
$DWAC
They’re shorting it and getting burned...hgmmmmmmmmmm!!!
Lets Go Brandon
Indeed she is....YUGE baby YUGE!
Lets Go Brandon!
$DWAC
VERY! Im up $25k now...Lets roll baby!
Lets Go Brandon!
What a morning....were busting $30 shortly.
Bluesky breakout baby!
Wow indeed....blue sky breakout. $30 is a possibility today. Lets roll!
Lets Go Brandon!
Yes, we may gap up when trading resumes. Lets roll!
Up $10k....lets roll baby!
New 52 week high incoming today...lets roll!
Yes we can....let the games begin!
$DWAC
Lets Go Brandon!
With a float of 30M $20 EOD is a real possibility. Hgmmmmm!
Lets Go Brandon!
The float is 30M??? Oh my goodness is that tiny...were gonna fly! Thank amigo.
Lets Go Brandon!
Breaking $15 today....
Lets Go Brandon!
Took position....lets roll!
$DWAC
Nice move! Distribution ratio is for every 235 SGB = 1 EXFI. The total supply of EXFI is 110M and believe approx 40M being airdropped. These can end up being much more valuable with such a small supply. I believe the correlation of the test net is SGB is XFLR and EXFI is DFLR. Not sure as Im assuming but since this whole thing is a test net then another will follow for YFLR.
Giddy up!
Distribution date is set for 2Q 2022. What were witnessing now with SGB and EXFI is the test net of the Flare/Spark ecosystem.
Looks like this is true. Looking for further confirmation though that nothing needs to be done for the EXFI snapshot on 11/5. Multiple confrontations is always best. I have my all my SGB in my Bifrost wallet and from what Im reading I won’t have to do anything to get my EXFI tokens. Sweet!
EXFI token stands for Experimental Finance? Well, Im certainly enjoying the experiment thus far ;)! Cray, Cray...Giddy’ up!
Informative Thread:
— Post (@PostDigga) October 14, 2021
Bifrost Wallet supports all ERC-20 token on Songbird Network, including coming tokens by @FlareFinance.
— Bifrost Wallet (@BifrostWallet) October 5, 2021
No action is required to receive e.g. EXFI, airdropped November 5-8 to SGB and WSGB holders.
Its a possible scenario that may be playing out.
No better storage then a cold wallet. Its insane to leave them on the exchange unless one is leaving some to trade.
Things that make you go hmmm...