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Where to Buy Songbird (SGB)

Songbird is the test platform for the Flare Network, an Ethereum-like blockchain that seeks to bring smart contract capability to other blockchains, including XRP, LTC and DOGE. It will enable developers to build apps that can run on those.
How to Buy Songbird (SGB)
How to Buy Songbird (SGB)

It can be said that Songbird is to Flare what Kusama is to Polkadot. The Flare Network will have its own token, Spark (FLR), which will function as a governance tool. Whereas, Songbird will have its own token (SGB), which will be distributed once only and in the same ratio to all the same recipients of the FFLR distribution. The starting supply of SGB will be 15 billion and the initial inflation will be 10% p.a. through FTSO and the validator reward system.

One phase is prior to the launch of Flare, in which Songbird will improve the security, stability, and credibility for the ultimate launch of Flare by continuing testing of the Flare Time Series Oracle, StateConnector, and F-Asset systems along with the network architecture. The second phase will begin post-Flare launch, in which Songbird will be used as a long-term network for testing governance-led changes to the Flare main net, including changes to FTSO & F-Assets or any other changes in the network, and the incorporation of new F-Asses.

There are two core uses for Songbird – to provide advanced testing and community building for applications that wish to launch on Flare, and to make FLR token holders familiar with key Flare protocols such as delegation to FTSO, minting of F-Assets, and applications that build on Flare without putting their FLR tokens at risk.

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    How to Buy Songbird

    1. Choose a Songbird exchange – we recommend eToro as it’s FCA, ASIC and CySEC regulated
    2. Create an account
    3. Deposit funds into your account
    4. Search ‘Songbird’ in the drop-down menu – eToro expect to list SGB soon
    5. Click ‘Open Trade’ and select an amount of Songbird to buy

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