Flare (FLR)
Loading...
Loading...

About FLR
Flare (FLR) is a decentralized network that brings smart contracts to non-smart contract blockchains, enabling the integration of various digital assets into decentralized finance (DeFi) applications. Designed to enhance the utility of cryptocurrencies like XRP, Flare uses the Ethereum Virtual Machine (EVM) and introduces the concept of Federated Byzantine Agreement (FBA) to ensure secure and efficient transactions. FLR, the native token of the Flare network, is used for governance, transaction fees, and collateral for the decentralized applications built on the platform. By enabling interoperability between different blockchains, Flare aims to expand the DeFi ecosystem. For live FLR prices, historical data, and market insights, visit our Flare Markets page to stay updated on this innovative project.
Convert Fiat to Flare
News
Binance Wallet: Suspended Employee Profited From Privileged Information
Binance Wallet said an investigation found a former employee leveraged information from their previous role at BNB Chain for front-running trades. Employee Profits Using Non-Public Information Binance Wallet has stated that none of its current team members were involved in…

Deutsche Bank Macro Strategist: Trump's Bitcoin Reserve Is 'Nothing New'
Marion Laboure, managing director and macro strategist at Deutsche Bank, stated that she viewed Trump's bitcoin reserve move as nothing new, just a continuation of the crypto evolution that started last year. She also noted that many cryptocurrencies were destined…

Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked in
Circle secures Japan’s first stablecoin approval, unleashing a new era of digital finance, trading, and payments through a groundbreaking partnership with SBI Holdings. 'First and Only Stablecoin' Approved for Use in Japanese Markets Circle Internet Group Inc. advanced its international…

Hashrate Approaches Record High as Bitcoin Price Drives Mining Gains
Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as bitcoin’s price has moved upward, the hashprice—representing the…

First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live
First-ever tokenization of U.S. dollar bank deposits on Ethereum signals a seismic shift in traditional finance, with stablecoins now fully regulator-approved. Custodia and Vantage Bank Complete Historic Stablecoin Transaction on Ethereum Custodia Bank announced on March 25 that it had…

Frequently Asked Questions about Flare
What is Flare (FLR)?
Flare (FLR) is a decentralized network that brings smart contract functionality to non-smart contract blockchains, enabling enhanced utility for various digital assets in the DeFi space.
How does Flare work?
Flare integrates non-smart contract blockchains with its EVM-compatible platform, allowing assets from networks like XRP to be used in DeFi applications through secure and efficient transactions.
What makes Flare unique?
Flare’s focus on interoperability and its ability to bring smart contracts to non-EVM blockchains set it apart, expanding the potential use cases for various digital assets.
Where can I buy and trade Flare?
Flare (FLR) is available on select exchanges, and our Flare Markets page provides live FLR prices, historical data, and insights to support trading decisions.
What are the benefits of using Flare?
Flare enables users to utilize their digital assets in DeFi applications, enhancing the utility of non-smart contract blockchains and facilitating secure transactions across networks.
How can I store my Flare tokens securely?
FLR tokens can be stored in wallets that support Ethereum-based assets, such as MetaMask, Trust Wallet, and Ledger, providing secure options for managing FLR assets.
What is the governance model of Flare?
Flare employs a governance model where FLR token holders can participate in network decisions, voting on proposals and changes to the protocol.
Is Flare a good investment?
Flare’s innovative approach to interoperability and the integration of smart contracts with non-smart contract blockchains make it appealing within the DeFi ecosystem. As with all cryptocurrencies, FLR is volatile, and its investment potential depends on market developments.