Flare (FLR) is a blockchain token for developers that allows you to create applications compatible with blockchains and the Internet. It provides centralized access to data with a high degree of integration and provides the opportunity to choose among an extensive list of use cases and monetization models.

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Flare Emissions Committee Quarterly Report 🔖

During the last epoch, the Flare Emissions Committee allocated rewards to dApps to begin bootstrapping liquidity on Flare. The following dApps distributed rFLR during this period:

SparkDEX
BlazeSwap
Kinetic
Ēnosys

These dApps emitted approximately 20.2 million rFLR out of the 60 million rFLR allocated for the quarter. The committee remains mindful of avoiding excessive emissions relative to the yields generated and aims to gradually increase rFLR emissions as total value locked (TVL) grows. The unused rFLR from this quarter will be reserved for future allocations.

During this period, TVL increased from approximately $10 million to $15 million. Several additional dApps are scheduled to launch on Flare in the upcoming quarter and are expected to join the $rFLR program. ☀️

Learn more: https://flare.network/new-flare-defi-emissions-program-provides-industry-leading-yields/

Flare Emissions Committee Quarterly Report.