Flare tokenomics revamp drives staking to 21.5B FLR

Flare tokenomics revamp drives staking to 21.5B FLR

Flare has recorded a roughly 34% increase in staked FLR since July, taking the total to 21.5 billion tokens as its revised economic model cuts inflation and ties more network activity to token burns and protocol revenue. Flare staking has…

Flare Network: FIP 16 drives 10x burn rate, but FLR faces THIS bear trend

The FIP 16 proposal has led to a tenfold increase in token burn rate, among other things. Why, then, is the token price trend still bearish?

Inside FIP.16: How is Flare Network Turning FLR Into A Deflationary Asset?

FIP.16 cut Flare's FLR inflation and added fee burns worth roughly 300M FLR a year. Here's exactly what changed, and what's happened since.