Schedule
Last updated
Last updated
The Flare Community Lucky Claw draws will be hosted live on YouTube and projected to be in-line with the FLR distribution dates mentioned below:
YouTube live draws will happen within the 7 days following each distribution.
To ensure fairness for holders / early investors, at certain intervals, minting of the collection will be paused and resumed (until minting of all 1,000 NFTs has completed) to ensure the prize pool is available to those who facilitated delegation / distribution rewards for that month.
As per the diagram above, during the first 7 days of the FlareDrop Distribution Cycle a snapshot of WFLR balances (used to calculate FLR distribution) will not take place. It is this window where minting will be live and on the 7th day of the distribution cycle, minting will close. This ensures winners of the jackpot have contributed to the prize pool for at least one month and there is no option to buy in late (unless on the secondary market) and benefit off of those who invested early.
Upon the start of the new distribution cycle, minting will resume for a period of 7 days. This process will continue indefinitely until minting of all 1,000 NFTs has completed.