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coinpedia 2024-08-08 12:49:24

Flare Network Burns 66M FLR Tokens: Could This Be the Turning Point for FLR Price

The post Flare Network Burns 66M FLR Tokens: Could This Be the Turning Point for FLR Price appeared first on Coinpedia Fintech News Flare (FLR) network, a layer one blockchain that builds decentralized data infrastructure, announced its monthly token burn on Thursday to ensure value addition to the community token holdings. According to the announcement, the Flare network burnt 66,293,390 FLR tokens as part of the 2.1 billion burn program to be distributed until January 2026. The Flare …

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