Anyone else get caught with there bag of XRP on

Question

Celsius Community

Stanley Howser

Anyone else get caught with there bag of XRP on

Celsius….what was your FLR solution?

0

15.01.2022

12 ответов

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Stanley Howser Автор вопроса

Nothing is exactly the case. However in this case they should never have offered support for the XRP/FLR airdrop.

0

15.01.2022

Kristian

Stanley Howser
Nothing is exactly the case. However in this case ...

And users should never have trusted a centralized platform to properly handle the airdrops. If you want airdrops just withdraw to your own wallet before the snapshot next time to have full control over which airdrops to claim.

0

15.01.2022

Simon Waddington

Stanley Howser
Nothing is exactly the case. However in this case ...

Can you cite an example where airdrops we're paid out? As I mentioned if it is a token that pays interest then it means tokens are being loaned out or staked behind the scenes. Celsius may well not have them at all when airdrop was computed. At best they could offer a partial payout. To me losing airdrops is just a penalty you pay for sending your tokens to a third party for custody and lending out. For many tokens that have frequent airdrops the interest Celsius pays is less than self custody staking plus of course you lose the drops. That's why I'd never put coins like DOT, ATOM, or LUNA on Celsius.

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15.01.2022

CoolCash

Celsius used to pay interest on XRP, when XRP was subpoenaed by the government. they basically dropped all support for XRP and yield went to zero. FLR airdrop was a fine idea, and celsius did promote it a little, but the flare group didn't get their product out on time. But then created songbird for their testnet as an airdrop.

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15.01.2022

CoolCash

Simon Waddington
Can you cite an example where airdrops we're paid ...

Also spark is still sitting in everyone account. There is just no network yet for the spark crypto.

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15.01.2022

Deniz

CoolCash
Celsius used to pay interest on XRP, when XRP was ...

Celsius still pays interest for xrp...

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15.01.2022

CoolCash

Deniz
Celsius still pays interest for xrp...

*not in the usa.

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15.01.2022

ScoobySi

Not true though. Spark has been working fine, with the biggest frustration being it offers great returns and we are all celsians because we like returns. Celsius were waiting for their custodian to support before they could support. This happened a couple of weeks back so it is now with celsius to get sorted which by all accounts they are working on. Flare flr isn’t live yet but should start in ‘22 i believe and i believe celsius will honour in full your dec ‘20 xrp snapshot amount

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15.01.2022

Deniz

Songbird works sgb, not flare network spark

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15.01.2022

ScoobySi

Deniz
Songbird works sgb, not flare network spark

Good point, even i get head fucked by the names sometimes. Lol

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15.01.2022

Kristian

ScoobySi
Not true though. Spark has been working fine, with...

Spark has been working fine? It doesn't even exist yet, lol

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15.01.2022

Simon Waddington · Accepted Answer

Not sure I've ever heard of Celsius paying out airdrops. A problem is they have to add infrastructure to display those new coins. For FLR, SPARK, and Songbird that's a lot of work. Plus they have to calculate how many to are owed. And there's always the chance your coins were loaned out at the time so you don't get any... At least with XRP they don't pay interest so the late case shouldn't apply. Might be easier for them to offer to deposit off-site to an address you supply or sell and pay as interest. More likely you will get nothing.

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