Songbird (SGB)

Unverified

Loading...

Loading...

SGB price prediction, SGB price today, how to buy Songbird coin

About SGB

Songbird (SGB) is the native token of Flare's Songbird Canary-Network, a live proof-of-stake blockchain designed to test upgrades, governance mechanisms, and interoperability tools before they go live on Flare Mainnet. As a mirror of Flare’s core infrastructure, Songbird shares the same Snowman++ consensus, sub-2 second block times, EVM compatibility, and on-chain data protocols like FTSO and FDC. It serves as the experimental ground for novel features like FAssets (synthetic representations of assets like XRP and BTC) and advanced governance structures. Developers can deploy real-value applications, validate integrations with Flare’s data tools, and participate in protocol governance via wrapped SGB (WSGB), while users can access early DeFi tools and help secure the network through staking.

Convert Fiat to Songbird

Loading...

Crypto Investment Calculator

$

+

%

Fact Sheet

Exchanges
Wallet
Social Media
Blockchains
Songbird Canary logo

News

Miner Weekly: American Bitcoin’s 25 EH/s Dream Rests on Chinese Hardware

This article first appeared in Miner Weekly, Blocksbridge Consulting’s weekly newsletter curating the latest news in bitcoin mining and data analysis from Theminermag. American Bitcoin Corp (ABTC), the new proprietary Bitcoin mining carve-out from Hut 8, backed by Eric Trump…

Miner Weekly: American Bitcoin’s 25 EH/s Dream Rests on Chinese Hardware

Israel-Iran Conflict Could Trigger Economic Maelstrom Affecting Millions

The ongoing conflict between Israel and Iran has the potential to disrupt global markets and extend to other regions. The Strait of Hormuz, a crucial passage for oil tankers, could be closed as the conflict escalates. Iran-Israel Conflict Might Upend…

Israel-Iran Conflict Could Trigger Economic Maelstrom Affecting Millions

Cryptocurrency Remittances Spike 40% in Latin America

According to a report by Chainalysis and AUSTRAC, cryptocurrency rails for remittances are booming in Latam. This use case, which previously struggled to gain momentum, is currently experiencing significant growth, with volumes increasing by over 40% in 2024 and the…

Cryptocurrency Remittances Spike 40% in Latin America

Corporate Bitcoin Holdings a 'Blessing' Now, Challenge Later, Says Roxom CEO

Roxom Global CEO Borja Martel Seward has warned that when the bull market eventually ends, it could trigger a bearish phase, potentially causing some bitcoin treasury companies to struggle. Bull Market to Persist for Months As global macroeconomic uncertainties continue…

Corporate Bitcoin Holdings a 'Blessing' Now, Challenge Later, Says Roxom CEO

Sonic Integrates Bubblemaps V2 to Enhance Onchain Intelligence

Responding to the surging demand for transparency in decentralized finance (DeFi), Sonic Labs is boosting its onchain intelligence by integrating Bubblemaps V2, giving users better visibility into wallet behavior and token flows. Deeper Visibility into Wallet Behavior and Token Flows…

Sonic Integrates Bubblemaps V2 to Enhance Onchain Intelligence

Frequently Asked Questions about Songbird

What is Songbird and how is it related to Flare?

Songbird is Flare’s canary network: a live blockchain that replicates Flare’s architecture but is used specifically to trial upgrades, new protocols, and applications under real economic conditions before Mainnet deployment.

What is the purpose of a 'canary network' like Songbird?

A canary network is a full-featured blockchain used for testing in a live environment with real token value. It allows developers and governance participants to experiment safely before pushing changes to a production chain like Flare Mainnet.

Which technologies and protocols power Songbird?

Songbird inherits key Flare components including EVM compatibility, FlareStake (PoS staking), FTSO (Time Series Oracle), FDC (Data Connector), and FAssets, a system for minting synthetic versions of non-smart contract assets like XRP and BTC.

What are FAssets and why are they important?

FAssets are overcollateralized synthetic tokens representing assets like XRP and BTC. They’re minted and tested on Songbird before launch on Flare, helping integrate real-world assets into DeFi while evaluating system stability and user experience.

Is there a limit to how much of each FAsset can be issued?

Yes. Each FAsset (e.g., fXRP, fBTC) has an issuance cap and underwriting support provided by the Flare Foundation. Only whitelisted agents meeting specific collateral requirements can mint and redeem these assets during test cycles.

What consensus algorithm does Songbird use?

Songbird uses Snowman++, a leaderless, BFT-style consensus protocol that offers rapid finality and high throughput, ideal for smart contracts and governance workflows.

How does governance work on Songbird?

Governance on Songbird operates through proposals using wrapped SGB (WSGB). There are two types: STPs (Songbird Test Proposals) which use a rejection model, and SIPs (Songbird Improvement Proposals), which follow a simple majority acceptance model.

What is WSGB and how is it used?

WSGB is the wrapped version of SGB used for staking and governance. Users can convert SGB to WSGB via the Flare Portal and use it to vote on protocol proposals or participate in governance testing.

Where can I trade or acquire SGB tokens?

SGB is available on centralized exchanges such as Gate, Kraken, and MEXC, as well as on smaller platforms. Token availability may vary depending on region and exchange.

Which wallets support Songbird?

Popular options include MetaMask (via custom RPC), Bifrost Wallet, SafePal, and Ellipal. Songbird is also integrated with WalletConnect and hardware wallets like Ledger through EVM-compatible interfaces.

How can developers build on Songbird?

Developers can use Solidity and standard Ethereum tooling on Songbird. The Flare Developer Hub provides SDKs and documentation for integrating with FTSO, FDC, and deploying or operating FAssets agents.

What are the benefits of developing or testing on Songbird?

Songbird offers a unique environment for building on real infrastructure with economic incentives but without Mainnet risk. Developers gain early access to protocol features and tools while contributing to the validation of Flare ecosystem upgrades.

How does Songbird help secure the Flare ecosystem?

By hosting trial deployments and governance proposals in advance, Songbird reduces the likelihood of bugs or governance failures on Flare Mainnet. Its live testing with real value helps harden the ecosystem against risks.