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Flare: The inflation rate of FLR will decrease from the current 7% to 5%

Flare: The inflation rate of FLR will decrease from the current 7% to 5%

Bitget2024/07/03 02:07

BlockBeats news, on July 3rd, the public chain Flare Network announced that starting from 3:00 Beijing time on July 5th, 2024, the FLR inflation rate will be reduced from the current 7% to 5%, in order to achieve a more sustainable level. This change has been approved by the community (FIP.01). The staking rewards will be adjusted accordingly and FlareDrops will not be affected.

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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.

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