SCOOP: @FlareNetwork developers told CoinDesk that the network will burn 2.
13 Oct 2023, 09:01
SCOOP: @FlareNetwork developers told CoinDesk that the network will burn 2.1 billion FLR tokens to support ecosystem development and overall health. By @shauryamalwa .
Same news in other sources
3VVS FinanceVVS #301
13 Oct 2023, 09:21
GM Miners 💎⛏
We're experiencing some technical difficulties that have led to a 30-minute delay in processing IGO withdrawals.
Our team is actively working to resolve this issue. apologize for any inconvenience caused 🙏
GM Miners. We're experiencing some technical difficulties that have led to a 30-minute delay in processing IGO withdrawals.
GM Miners 💎⛏
We're experiencing some technical difficulties that have led to a 30-minute delay in processing IGO withdrawals.
Our team is actively working to resolve this issue. apologize for any inconvenience caused 🙏
FLAREFLR #78
13 Oct 2023, 09:14
🎙️ 2.1 billion FLR backer tokens are set to be burned for ecosystem health.
The tokens were previously allocated to early backers of the project -> The burn will prevent unfair dilution of community token holdings.
The agreement with the backers means that more than 2% of the total supply will be permanently removed, accounting for almost 40% of the original backer token allocation.
• 198,880,170.19 FLR burned immediately
• 66,293,390.06 burned monthly till Jan 2026
• Community allocation increases to 59.6%
Full details: https://flare.network/flare-to-burn-2-1-billion-flr-tokens-to-support-ecosystem-health/
1 billion FLR backer tokens are set to be burned for ecosystem health.
🎙️ 2.1 billion FLR backer tokens are set to be burned for ecosystem health.
The tokens were previously allocated to early backers of the project -> The burn will prevent unfair dilution of community token holdings.
The agreement with the backers means that more than 2% of the total supply will be permanently removed, accounting for almost 40% of the original backer token allocation.
• 198,880,170.19 FLR burned immediately
• 66,293,390.06 burned monthly till Jan 2026
• Community allocation increases to 59.6%
Full details: https://flare.network/flare-to-burn-2-1-billion-flr-tokens-to-support-ecosystem-health/
FLAREFLR #78
13 Oct 2023, 09:07
2.1 billion FLR to be burned for ecosystem health.
The tokens were previously allocated to early backers of the project -> the burn will prevent unfair dilution of community token holdings.
• 199M FLR burned immediately, 66M monthly till Jan 2026.
1 billion FLR to be burned for ecosystem health.
2.1 billion FLR to be burned for ecosystem health.
The tokens were previously allocated to early backers of the project -> the burn will prevent unfair dilution of community token holdings.
• 199M FLR burned immediately, 66M monthly till Jan 2026.
https://t.co/eW9U8uZNqZ