Spark token is the native token of the Flare network. It is primarily used for spam control of the network, but can also be used as collateral within applications, a contributor to an oracle or as a governance methodology on the Flare network.
GateHub will support claiming Spark tokens with native XRPL wallets and Hosted wallets. We are also planning to support deposits, withdrawals, trading and exchanging of Spark on both XRPL and Hosted wallets.
Claiming Spark token will be available to all XRP holders on the XRPL and users of custodial exchanges that support the distribution. Addresses belonging to Ripple Labs and certain previous employees of Ripple Labs are exempt from this distribution.
XRP to Spark Ratio
You will receive the same amount of Spark per XRP regardless of where you are holding your XRP. The ratio will be determined programmatically by Flare.