David Edwards
Flare is a layer-1 EVM blockchain that has 2 core protocols, the State Connector and Flare Time Series Oracle (FTSO). These protocols allow developers to create an ecosystem of robust and decentralized interoperability applications.
Now they have launched a game on Telegram where we can earn points that can be exchanged for project tokens in the future.
Investments in the project: $35M
Step-by-Step Guide:
- Go here
- Claim rewards every 3 hours
- Invite friends
A few words about a project:
Flare is a layer-1 EVM blockchain featuring two primary protocols: the State Connector and the Flare Time Series Oracle (FTSO). These protocols enable developers to build a robust ecosystem of decentralized interoperability applications.
Key features of Flare include:
- Reliable Decentralized Prices: The FTSO provides highly decentralized prices and data series to dapps on Flare without relying on centralized providers.
- Secure State Acquisition from Other Blockchains: The State Connector allows secure and trustless use of information from other chains on Flare.
- Scalable EVM-Based Smart Contracts: Flare’s scalable EVM supports existing EVM tooling and Solidity, enabling the launch of any existing or envisioned EVM dapp on Flare.
- Fast, Low-Fee, and Low-Carbon Transactions: Flare’s next-generation technology offers fast, secure, and efficient transactions with very low gas fees and a minimal carbon footprint.
Flare (FLR) is the network token, supporting several functions:
Transaction Fees: Used to prevent spam attacks.
Incentivized Delegation: Delegating to the Flare Time Series Oracle (FTSO) to support reliable decentralized price data provision.
Collateral within Decentralized Applications: Serving as collateral in third-party decentralized applications built on Flare blockchains, whether cross-chain or solely native.
Participation in Network Governance: Allowing token holders to participate in network governance.
