Flare: FLR inflation rate will be reduced to 5% from July 5
Odaily2024/07/03 07:04
By:Odaily
Odaily News
Flare Network posted on the X platform that starting at 3:00 am Beijing time on July 5, 2024, the FLR inflation rate will be reduced from the current 7% to 5% to achieve a more sustainable level. This change has been approved by the community (FIP.01). This adjustment will reduce the amount of newly minted FLR each year, and the long-term supply will be more scarce. Although delegation and staking rewards will be adjusted accordingly, FlareDrops will not be affected.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$104,422.79
-2.25%
Ethereum
ETH
$3,841.43
-4.54%
XRP
XRP
$2.5
+0.96%
Tether USDt
USDT
$0.9997
-0.03%
Solana
SOL
$216.93
+0.82%
BNB
BNB
$709.48
-1.79%
Dogecoin
DOGE
$0.3880
-3.60%
USDC
USDC
$0.9999
-0.01%
Cardano
ADA
$1.03
-4.01%
TRON
TRX
$0.2741
-7.01%
Bitget pre-market
Buy or sell coins before they are listed, including ME, TOMA, OGC, USUAL, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now