The Flare Network community launched a new proposal to allocate 510 million FLR to support ecological growth
Odaily2024/06/26 06:36
By:Odaily
Odaily News The
Flare Network community initiated the FIP.09 proposal, proposing to release 510 million FLR from the 20 billion FLR incentive pool to support the growth of the Flare ecosystem, and to support Flare mainnet builders and liquidity by incentivizing the community to participate in various ecological DApps. This will be the first time that tokens are allocated from the incentive pool, and future governance proposals will require community approval of the release of the remaining incentive pool. A Release Committee consisting of six Flare and non-Flare representatives will be responsible for arranging this plan. Each month, the committee can allocate any maximum amount (not exceeding the maximum limit specified in the schedule), and the remainder within a month can be redistributed or destroyed. Voting on this proposal will begin on June 28.
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: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Indian Supreme Court YouTube Channel Hacked, Promoting Ripple Cryptocurrency
Cryptonewsland•2024/09/21 04:36
Decentralized Finance Revolution: 5 Leading DeFi Platforms Reshaping Financial Landscapes
Cryptonewsland•2024/09/21 04:36
Crypto Hackers Breach India’s Supreme Court YouTube Channel
DailyCoin•2024/09/21 02:25
Rexas Finance (RXS) Addresses Market Problems of Real-World Assets Tokenization
DailyCoin•2024/09/21 02:25
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$62,847.21
-1.74%
Ethereum
ETH
$2,536.52
-0.18%
Tether USDt
USDT
$1
-0.01%
BNB
BNB
$568.59
-1.02%
Solana
SOL
$144.99
-1.82%
USDC
USDC
$1
+0.00%
XRP
XRP
$0.5808
-1.46%
Dogecoin
DOGE
$0.1044
-1.98%
TRON
TRX
$0.1516
-0.55%
Cardano
ADA
$0.3518
-2.07%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, CATI, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now