Flare's governance proposal FIP.16, approved with 98.06% support, has implemented major changes including reducing FLR annual issuance from 5% to 3%, increasing transaction fee burns by 20 times, and weighting locked staking five times more than liquid delegation. The new FIRE treasury now collects protocol revenue to further reduce FLR supply through burns and buybacks. These changes aim to strengthen Flare's network economics over time, with future impact depending on asset volume growth.
Filecoin surged 15.41% to $0.7962, leading crypto gainers as talks of potential network upgrades sparked investor interest. Other notable gainers include Uniswap, Curve DAO, Ethena, and Sky, reflecting ongoing enthusiasm in decentralized finance and ...
Flare (FLR) surged 15% to around $0.0065, driven by a bullish cup-and-handle pattern signaling potential further gains. The critical resistance level to watch is $0.0075; breaking this could lead FLR to targets of $0.0082, $0.0084, and possibly $0.01...
