Flare FLR

1. Summary

Ranks

Liquidity

99

Developer

-

Social

98

Momentum (beta)

21

Stack Rank™

-

Price

$0.03 +7.1%

Market Cap

$1.51B (#71)

Supply

46.33B / 102.42B

Tags

Smart Contracts Layer 1 (L1) DWF Labs Portfolio

More Metrics

Price
52W High price	$0.05
52W High date	27th Feb 2024 (9 months ago)
All Time High (ATH) Date	10th Jan 2023 (1 year ago)
ATH Price	$0.15
% From ATH	-89.74%
All Time Low (ATL) Date	19th Oct 2023 (1 year ago)
ATL Price	$0.008274050000
% From ATL	86.12%

Supply & Trading Volume
Trading Volume (24h)	$18.50M
Total Supply	102.42B
Circulating Supply	46.33B

Less Metrics

Description

Flare is a unique, EvM-based Layer 1 blockchain designed for the creation of applications that can interact with other blockchains and the internet. It offers decentralized access to reliable and high-integrity data, thus introducing new use and monetization models. It features native interoperability protocols, the State Connector and the FTSO, wh...

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Flare is a unique, EvM-based Layer 1 blockchain designed for the creation of applications that can interact with other blockchains and the internet. It offers decentralized access to reliable and high-integrity data, thus introducing new use and monetization models. It features native interoperability protocols, the State Connector and the FTSO, which deliver data from various off-chain sources in a decentralized manner. This process is aided by the Flare Time Series Oracle and the State Connector protocols, leading to a risk-minimized block chain with broad application potential. The Flare (FLR) token is used for payments, transaction fees, and staking in validator nodes and it can be converted into a Wrapped Flare (WFLR) token for various other functions including staking for governance or delegating to FTSO data providers.

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