Flare
FLR
Flare (FLR) Feed: Events, News & Roadmap
Flare Raises MXRPY Vault Cap to 7.5 Million FXRP
Flare announced that the cap of the MXRPY vault has been raised to 7.5 million FXRP.
Flare to Offer StXRP Yield Opportunities on Spectra Until June 3
Flare announced that Spectra on Flare allows users to choose between Principal Token and Yield Token strategies for stXRP.
Flare to Hold Giveaway
Flare will announce winners of its ETHConf ticket giveaway in June.
Flare Released XRP Vaults
Flare launched two XRP vault options.
Flare to Be Integrated With D’CENT Wallet
Flare integrated Smart Accounts with D’CENT Wallet on May 19th.
Flare Targets Mid-May for FIP.16 Emissions Update
Flare announced that the emissions-related changes under FIP.16 are currently targeted for mid-May.
Flare to Hold X Space With Uphold on April 30th
Flare will hold an X Space on April 30th at 20:00 UTC with representatives of Uphold.
Flare to Open Voting on FIP.16 on April 18th
Flare will open voting on FIP.16 on April 18th. The proposal is already available for review ahead of the vote.
Flare Proposed 20x Increase in Transaction Burn
Flare presented a proposal on April 10th to increase the FLR burn from transactions by 20x.
Flare Opens Next Firelight Cap Raise on March 19
The next Firelight cap raise will take place on March 19.
Flare to Host AMA on X With Upshift on March 4
Upshift to host livestream on XRPFi with Xaman Wallet and Flare Networks on March 4 at 15:00 UTC Upshift states that EarnXRP has become the fifth-largest vault on the platform with $23M deposited.
Flare to Host Meetup in Seoul on March 8
Flare announces a community meetup in Seoul on March 8.
Flare to Launch FXRP on Ethereum
Flare announces the expansion of FXRP to Ethereum, advancing its omnichain roadmap and extending XRP utility across the EVM ecosystem.
Flare Reports Compromise of Flare Dev Hub X Account
Flare confirms that the Flare Dev Hub X account has been compromised.
Flare to Hold AMA on X on January 22nd
Flare will host an AMA on X on January 22 at 13:00 UTC, intended for discussion of questions, ideas and preliminary drafts.
Flare to Host Meetup in Osaka on January 17th
Flare will host a meetup on January 17 in Osaka.
Flare to Hold AMA on X on December 23rd
Flare will host an AMA on X on December 23rd at 14:00 UTC, concluding the year’s public discussions on the platform.
Flare to Launch Firelight Protocol on December 3rd
Flare previews the arrival of Firelight Protocol. The launch is set for December 3rd, marking the beginning of a new stage in the protocol’s development.
Flare to Host Meetup in Benin City on December 13
Flare will support a grassroots meetup titled “Flare Up UNIBEN” on December 13 at the University of Benin.
Flare to Hold “Introduction to Smart Accounts” Workshop on November 11
Flare has announced that Flare Smart Accounts integrated with the Xaman Wallet are expected to ship soon, while a related tool referred to as “the method” is already available.
Flare Events on the Chart
What is Flare?
Flare Network is a distributed protocol that incorporates the Ethereum Virtual Machine (EVM), enabling the execution of Turing-complete smart contracts. Turing-complete indicates that any computational problem can be addressed given adequate memory. As such, the Flare Network can foster an ecosystem of decentralized applications (DApps), with the ultimate objective of scaling smart contract networks.
Flare Network employs a consensus algorithm named Avalanche, customized to function with Federated Byzantine Agreement (FBA), a consensus mechanism utilized by networks such as XRPL and Stellar. Uniquely, Flare Network's consensus protocol doesn't depend on economic mechanisms like Proof of Stake (PoS) to maintain network security. In contrast, many networks, including Ethereum (which will fully transition to PoS with Ethereum 2.0), rely on token-staking validators for network security.
The Spark token (FLR) is the native token of the Flare Network, primarily used as a safeguard against spam attacks by placing a cost on network transactions. Additionally, the token serves as collateral within decentralized applications (DApps), contributing to the robustness and security of various applications on the network. The Spark token also provides data to an on-chain oracle and enables users to participate in protocol governance, strengthening the democratic and decentralized nature of the network.