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Songbird's Delegators Received First SGB Rewards

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Sat, 25/09/2021 - 15:00
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Songbird's Delegators Received First SGB Rewards
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Several Flare Time Series Oracles (FTSOs) announced that the procedure of Songbird (SGB) transaction validation went live earlier today.

First "rewards epoch" for Songbird takes place

FTSO.EU, one of the first delegating services for Flare (FLR) and its "canary network," Songbird (SGB), has announced that SGB holders have received their first rewards.

This is a crucial milestone in the progress of the Songbird (SGB) network, designed for stress tests of economical designs for Flare (FLR).

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Similar announcements were also released by a number of FTSO.EU's competitors, including Scandinodes:

Australian validating service FTSO.AU recalled that all customers should allow smart contracts execution in their hardware wallets to be eligible for rewards:

If you're having trouble with your Ledger, make sure you've allowed smart contracts.

All eyes on Flare (FLR)

Songbird's consensus is up and running. The system will soon leave the "observation mode" it has used since mainnet release.

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Starting from Sept. 27, 2021, delegators will be able to trade their SGB rewards on Bitrue's XRP-centric exchange.

Thus, the road is open for the mainnet release of Flare (FLR), a much-anticipated EVM-compatible smart contracts platform.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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