Claim and Stake Your Flow (FLOW) on Kraken
Update: For FLOW unlocking schedule please refer to our updated Support Centre article.
Note: In order to claim FLOW through Kraken, you must have purchased it in the ICO. This is not a token giveaway or free airdrop.
We are pleased to announce that participants in the FLOW ICO can now claim their Flow (FLOW) through Kraken.
To claim your purchased FLOW on Kraken, you must claim by 19:00 UTC on October 26.
We will also support FLOW staking as soon as it is available on the network (expected to start sometime in November).
We will automatically stake the full balance of the FLOW tokens you claim through us to ensure that you can immediately start earning maximum rewards as soon as staking is available.
FLOW claims and staking are not available to residents of the US and Canada.
What are the FLOW staking rewards on Kraken?
Initially we will offer a staking reward of 20%. However, since this is a new blockchain, the reward may change soon and may have to be adjusted lower.
How do I claim my FLOW on Kraken?
You must have participated in the FLOW ICO to claim your tokens through Kraken. Follow these steps to ensure claimed tokens are sent to your Kraken account:
- If you do not have a Kraken account already, sign up for a Kraken account.
- Once you have your Kraken account, sign in to your account and select Funding
- Under the list of all assets, locate Flow (FLOW) and select Deposit.
- Select GENERATE NEW ADDRESS to create your deposit wallet address.
- For those who participated in the ICO via CoinList: sign into your CoinList account and complete this form using your generated Kraken deposit address (CoinList will send you an email that you must click to confirm). Or if you are a backer and claiming directly from Dapper Labs, that process is located here.
We provide more detailed instructions on how to claim your FLOW here.
Can FLOW purchased in the ICO be claimed through Kraken?
Yes – all tokens purchased in the ICO can be claimed through Kraken. Claims and staking are not available to residents of the US and Canada).
What is Flow (FLOW)?
Flow is a blockchain designed for a new generation of games and digital collectables. Built to be fast, developer-friendly and easy to use, Flow is expected to attract a large number of mainstream consumers.
The team behind Flow is Dapper Labs, the company that created the CryptoKitties game on the Ethereum blockchain. In fact, the original inspiration for Flow was to build a platform better suited for games like CryptoKitties, and specifically designed for onboarding many users.
Flow has grown far beyond CryptoKitties, however, and has gathered an impressive list of partners, including leading brands and game developers like the NBA (the game NBA Top Shots), UFC, Samsung, Warner Music, Ubisoft and many others.
Project website: https://www.onflow.org/
ICO tokens are not transferable during the first year
Note that all FLOW tokens purchased in the ICO are subject to a holding period of one year during which they are not transferable.
For ICO tokens claimed through Kraken, this means that they cannot be withdrawn or traded during the first year, however, they can be staked.
To get details on the vesting schedule for your tokens, please consult the terms communicated at the time of purchase.
Tokens earned through staking are immediately transferrable
FLOW tokens earned through staking are not subject to the holding period and can be transferred as soon as they are earned.
