FLARE

Connect Everything - Flare is an EVM based Layer-1 blockchain

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Overview

Flare Network is a blockchain platform that aims to integrate the functionality of smart contracts with the XRP Ledger. It uses the Federated Byzantine Agreement (FBA) consensus algorithm to achieve fast, scalable, and secure transactions. Flare Network also supports the Ethereum Virtual Machine (EVM), which allows for the creation of decentralized applications (dApps) using Solidity, the programming language of Ethereum. 
In addition, Flare Network provides a unique feature called the Spark token, which is used as collateral to generate new assets on the network through the Flare Time Series Oracle (FTSO). The Spark token is also distributed to XRP holders as part of the Flare Network's airdrop program. 
  Related
The Flare Network has two tokens: the Spark token (FLR) and the F-Asset tokens. The Spark token is the native token of the Flare Network, used as collateral to generate F-Assets, which are representations of other cryptocurrencies such as Bitcoin, Litecoin, or Dogecoin on the Flare Network. The Spark token is also used to pay for transaction fees and to participate in the network's governance through voting.
Current Price:$0.03034
Market Cap:$1,172,279,607 (#85)
Volume (24h):$10,133,807
Circulating Supply:38,649,268,022
Total Supply:101,881,073,512
All-Time High:$0.15007 (1/10/2023)
Last Update:Apr 24, 2024 09:15:44
More Info:CoinGecko

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Project Rating

We take the following into consideration when forming our opinion: White Paper, Team, Partners, Marketing, Use Case, Tokenomics, Market Size, Competitors, Roadmap, Technology, Progress to Date, Advisors and Board Members. Our rating is not intended to endorse or promote an investment in any specific cryptocurrency.

(3.5 out of 5)

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Blog

Explore the most recent news and updates on our blog. Find out about recent partnerships, updated roadmaps, staking and liquidity mining opportunities, upgrades, new team members and more. Also, be sure to check out Flare's full Medium page.

Feeds To Follow

Check out the feeds of some popular team members, supporters, followers, etc. of the Flare project.

Project Videos

Check out some notable videos from Flare's channel, including the Latest Video, Spotlight Video and an Intro Video if applicable. Also, be sure to check out Flare's main YouTube channel.

Intro Video
Title:
Introducing Flare Network

News & Updates

Check out the latest News from top sources and Updates from the team to keep up to date on the project.

Influencer/Misc Videos

Don't miss the top videos from knowledgeable crypto influencers who produce content about the Flare project.

Blockchain Friends

Below are some of the larger blockchain-related friends of the Flare project. This can include partners, forks, collaborations, and otherwise related projects.

XRP Project
XRP
XRP is a digital asset built for payments
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Ethereum Project
Ethereum
Home to digital money, global payments, and applications
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Stock Photos

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