Flare Tokenomics

The majority of Flare (FLR) tokens are destined for community ownership, whether by direct token distribution, network incentives or through Flare Foundation ecosystem initiatives.

Token name and ticker

Flare (FLR)

Genesis token supply

100,000,000,000

Public token distribution

28,524,921,372

Cross-chain incentive pool

20,000,000,000

Month 0 circulating supply

12,000,000,000

58.3% of the genesis Flare supply is allocated to the community via:

  1. The public token distribution.
  2. Cross-chain incentives.
  3. The Ecosystem Support Program.

More information is available in our detailed Tokenomics article.

19.8% of the genesis total distribution is not permitted to vote in governance:

NB. This and the following chart show the situation should Flare Improvement Proposal 01 be approved by the community. Read more about FIP.01 here.

After the initial 15% distribution, the majority of entities receive the remainder of their allocation smoothly over 36 months.

Token uses

Token uses

Incentivized delegation to the FTSO to support the provision of reliable decentralized price data.

Participation within protocol governance.

Collateral within third party decentralized applications built on Flare blockchains.

Transaction fees in order to prevent spam attacks.