Have staked most of my FLR with Uphold, rounded to the nearest thousand, and already earning (the earned FLR will show every Thursday). If Uphold is wrapping most, I hope at least everything I am staking is wrapped. Maybe the act of staking it would force Uphold to wrap it if it wasn’t already. After all, the un-wrapped FLR is un-wrapped for liquidity purposes, but staked coins are by nature not liquid. It would take a few days to un-stake them.
If you had your XRP with Uphold on December 12, 2020, then you should already have the first 15%, and you can stake those. Indeed, I even got credit for the XRP I had with Cred at the snapshot. It just took one more day, and I have already staked that. More than what I got on the first day. Ouch, that hurts. That means more than 50% of my XRP was lost to Cred. (Twenty-six months and counting on that debacle; good luck, FTX customers, if that earlier, smaller bankruptcy is any indication of how long it will take to get pennies back on the dollar.)
I guess I should thank Flare for doing the airdrop, because I probably would have lost even more XRP to Cred, but I started holding back XRP on Uphold in order to participate in the airdrop. Cred eventually said that XRP in their programs would also earn us FLR (and it did), but fortunately they were slow to say that and so did not sucker in quite as much money as they would have if they had jumped on board as quickly as Uphold did.
Still, I contend that the best way to take advantage of the airdrops (for FLR and to a lesser degree for SOLO), would have been to play them like a trader. Sell into the pumps, and then reload after the dumps. Those, along with the Coinbase public listing, were pumps that did not require any technical analysis skill. Those three trades would have been no-brainers, just like buying Doge and selling right before Elon’s SNL appearance for a quick 10x. (Finally a listing from Uphold that was not too late to the party.) I would probably have twice as much XRP now, maybe enough to make up for my Cred losses.
Conversation overheard in a swamp:
"I like your coat."
"This old thing? It's just a standard coat. Although it is double-breasted, so I guess that
makes it a double standard."
"Where can I find a double standard like that?"
"Any Banana Republic."
