Stedas dizajn logo

Everything you need to know about Songbird (SGB)

200+ data points and facts: basic info, FTSO providers, delegating and earning rewards, SGB explorer, FAQ

Category: Cryptocurrency / Blockchain    Date: September 2021    Keywords: Ripple, XRP, xRapid, blockchain, cryptocurrency  

SUPPORT MY WORK 🙏

SEND A DONATION

 

Keep your crypto safe

BUY LEDGER NANO S/X (XRP, ETH, BTC, VET, ADA)

Ledger Nano X - The secure hardware wallet

*********************************

>> VIEW INFOGRAPHIC

 

200+ data POINTS, facts and details about SONGBIRD TOKEN (SGB)

⚠️IMPORTANT NOTES

1) Make sure you delegate your SGB before every Thursday 14:00 (UTC). Rewards will start occurring every Saturday from 08:41 (UTC) claimable 1 week after occurring time.

2) Do not wrap all of your Songbird (SGB), you need to save some SGB to pay for network fees.

3) SGB Rewards have to be claimed within (90 days) or they are forfeited and put back into the Rewards Pool.

 

1) What is Songbird?

2) Claim ratio

3) FAQ

4) How to delegate (Bifrost wallet)?

5) FTSO signal providers

6) Songbird explorer

7) Supporting wallets

8) How to connect Ledger/MetaMask with Songbird network?

9) How to check your Songbird (SGB) balance?

10) Launch date (27 Sept, 2021)

 

Frequently Asked Question

1) What does it mean „reward epoch“ and how long does it last?
A reward epoch lasts 1 week (network parameter)

2) When will I receive the first rewards?
After the first reward epoch it will be claimable

3) Will I receive the rewards of the FTSO as WSGB or SGB?
Rewards will be in SGB

4) How many rewards will I get when I delegate for example 1000 SGB?
Dependent on the performance of the signal provider, its configured fee, how many rounds it provided good enough prices estimates etc.

5) What is the APY?
Not available yet, we must see how the network behaves in the first few reward epochs

6) For how long SGB is staked? Does it auto restake or not?
You can undelegate and delegate at any time but you must do it before the next reward epoch begins for it to update for that epoch

7) How many FTSOs can I choose when delegating our SGB tokens?
You can delegate to 2 different providers (network parameter)

8) Will Bifrost wallet support the FLR/SFLR airdrop?
Bifrost Wallet will support any token on Songbird

Sources: Bifrost wallet

 

DISCLAIMER
This guide is for informational purposes only.

***************************************

WANT TO SUPPORT MY WORK?

1) Buy the XRP Community Poster
https://stedas.hr/xrp-community-poster/posters.html

2) Send an XRP donation ✅
rUAYqpGqMpnKtTXJeNmc8yBhTpHuNkDtzZ

3) Send SGB donation
0x0DcafFF6c8a72F58654F9b93A622335DEB85dC20

4) Send an XRP/CSC tip via Xumm #tipwithxumm

***************************************

 

 

EARN $10 USD IN BITCOIN

 

 

Ledger Nano X - The secure hardware wallet

 

 

Ledger Nano S
Secure Your Cryptocurrency

Protect your crypto assets (Bitcoin, Litecoin, Ethereum, Ripple, Tron...) with the most popular multicurrency hardware wallet in the market.

Wirex Visa Card
Convert and Spend Crypto

The world’s only Visa card that lets you convert and spend your Bitcoin, Litecoin, Ethereum and XRP in everyday life. Get your Wirex card

Buy and trade crypto on Binance!

Ledger Nano S - The secure hardware wallet

BINANCE - buy and trade cryptocurrency on the World's biggest crypto exchange.
Sign up now!