Thread by @flare_dot_space

1/🧵 'What happens now that #FlareNetwork FIP.01 passed' is a common question these days.
We've put together a comprehensive blog post with all the information you need to answer it 👇
Read it here: flare.space/learn/fip01-pa…
@FlareNetworks #FlareCommunity

2/🧵 Key information you need to know:
- Our best guess is that the first monthly distribution will happen in March 2023.
- The 36 future monthly distributions will be provided to all wallets holding WFLR (not just airdrop recipients).

3/🧵
- Monthly distribution in practice means distribution every 30 days. So, it will not happen on the same date each month, but after every 30 days.
- Three random blocks will be chosen in the period between day 8 and day 30, for every distribution cycle.

4/🧵
- The amount of future distributions depends only on WFLR amount one holds (calculated as average WFLR holdings in 3 randomly chosen blocks).
- With FIP.01 the risk of reliance on centralized exchanges for further distributions is removed.

5/5 For the best performance – be an active member of the community and:
- Claim and wrap your monthly distribution.
- Delegate them to FTSOs and regularly claim your delegation rewards.