# Flare migration

## Burn2mint

Flare migration will be done via a now-familiar burn2mint contract, moving value from Songbird to Flare Network. Users will be able to burn their CRB, LP tokens, Coin NFTs and Reborn NFTs in return for a bi-weekly airdrop.

This V2 proposal was voted on and agreed in Discord. You can see the changes compared to the original proposal below.

## **Proposal V2** 

### **CRB Burn** 

600 CRB = 1 FRB 

1.5% airdrop claimable every 14 days 

### **LP Burn** 

150 CRB/\* WSGB = 1 FRB 

1.5% airdrop claimable every 14 days 

### **Coin NFTS** 

Gold = 2400 FRB 

Silver = 1600 

FRB Bronze = 800 FRB 

3% airdrop claimable every 14 days 

### **Reborn NFT** 

Reborn NFT = 250 FRB 

1.5% airdrop claimable every 14 days 

### **Changes compared to first proposal:**

* Improved exchange rate for CRB compared to FRB
* Implemented a boosted exchange rate when burning CRB/WSGB LP tokens
* Increased airdrop rate by 500% for CRB & LP Burn, 1000% increase for Coins
* Added burn option for Reborn NFTs
* Added burn option for CRB (non-LP)

Staking requirement remains. This proposal equals the burn2mint that was performed in January, with the exception that we'll have a separate airdrop for the coin NFTs with a faster airdrop rate.