When you delegate your Flare you get 0.02% of whatever your holding every 3.5 days.
Since we're in the Flare distribution window, from now until January every month you'll get 2.5% of whatever you're delegating on top of the 0,.02% you get every 3.5 days.
This monthly bonus has been happpenng for a while now.
So better get at it so you don't miss out on anymore free money.
Same goes for your Songbird, you can delegate that for yield as well (but no monthly airdrop) I take my songbird yield and put it in to flare to stack the monthly bonuses.
Also, perfect you have 50,000. That's what you need to take part in Flare staking which apparently will give you better yield over delegating.
Just remember to check Bifrost every 3.5 days to get your yield. After 30-90 days it goes back to the network.You can also set it to autoclaim but it costs Flare and Songbird.
I suggest you get on this. You're going to be able to stake your XRP with Flare and every action with Flare like wrapping, staking, minting costs Flare and Songbird. So you'll want a good nest egg to make you passive income as well as allow to take part in F-assets.
Nope, just buy and HODL
Aw man.
Go download Bifrost on your phone and setup a back up seed and put it in a safe place like with any other wallet you work with.
Then send your Flare to the Bifrost wallet and follow the instructions in this video:
https://youtu.be/BPwoX37JxSM?t=171
When you delegate your Flare you get 0.02% of whatever your holding every 3.5 days.
Since we're in the Flare distribution window, from now until January every month you'll get 2.5% of whatever you're delegating on top of the 0,.02% you get every 3.5 days.
This monthly bonus has been happpenng for a while now.
https://pbs.twimg.com/media/F0Lc3bsXgAEJ3XV.jpg:large
So better get at it so you don't miss out on anymore free money.
Same goes for your Songbird, you can delegate that for yield as well (but no monthly airdrop) I take my songbird yield and put it in to flare to stack the monthly bonuses.
Also, perfect you have 50,000. That's what you need to take part in Flare staking which apparently will give you better yield over delegating.
Just remember to check Bifrost every 3.5 days to get your yield. After 30-90 days it goes back to the network.You can also set it to autoclaim but it costs Flare and Songbird.
https://flare.network/flaredrops
I suggest you get on this. You're going to be able to stake your XRP with Flare and every action with Flare like wrapping, staking, minting costs Flare and Songbird. So you'll want a good nest egg to make you passive income as well as allow to take part in F-assets.
Let me know if you have any issues.