Flare Finance has completed successfully the $EXFI token airdrop. All holders of $SGB or $WSGB tokens across all supported wallets and exchanges received the $EXFI tokens. All holders received 40 million $EXFI tokens.

On the Songbird Network and the Canary Network of Flare, ExFi was made available. Within 30 days, the ExFi platform had received an overwhelming response and attracted over $40M in TVL. The ExFi platform already has 170K users in a matter of weeks.

Trading and $EXFI Airdrop

At 1PM EST, December 12th 2021 was taken the snapshot of $EXFI tokens. Out of 110 million tokens, 40 million have been airdropped. Multiple uses will be possible for the EXFI token. FlareX can use the EXFI token as a fee-replacement token. It can also be used to farm $SFIN via FlareFarm. Users may create $CAND in order to farm higher amounts of $SFIN. FlareLoans users will soon be able to access $EXFI in the first week of February.

Flare Finance is currently releasing only three of seven ExFi products. Even more utility will become available once the remaining 4 products have been launched. FlareDrop users will have the ability to purchase NFTs using $EXFI. Flare Governance holders with $EXFI status will have an opportunity to vote, and can make significant changes on FlareDrop.

Trades of the $EXFI token are expected to commence on different exchanges beginning January 6, 2022. Bitrue and CoinTiger have all announced their support for exchange listing and airdrop. There will be more announcements of exchange listings in the next few days.

FlareX will allow users to trade $EXFI on the Experimental Finance Platform in the coming days. Users can also store their $EXFI on D’ Cent Wallet and Bifrost Wallet since both companies have already announced support for $EXFI tokens. Flare Finance, along with CertiK and TrailOfBits internal audits will release an Audit Halborn in the coming days.

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