Flare

  • Bridging Blockchains: The Risks Involved and How Flare Prioritizes Safety

    According to reports, cryptocurrency trader Dan Rocky claimed on social media that billions of dollars have been hacked from bridging blockchains, often due to execution errors. Wi

    04/10/2023
    139
  • Flare’s FLR Token Airdrop: A Massive Distribution of Value

    According to reports, Flare stated on social media that it plans to air drop FLR tokens, and wallets holding Wrapped FLRs can receive the first 676 million FLRs, with a total of 24.2 billion FLRs to be air dropped in 36 months. Based on the current offer, the value is approximately $714 million. Flare Team Plans to Airdrop FLR Tokens Analysis based on this information:Flare Network is a blockchain platform aiming to enable smart contract capabilities for cryptocurrencies previously without that capacity, like XRP. Flare recently announced that it will distribute 24.2 billion FLR tokens through an airdrop program over the next 36 months. The first 676 million FLRs are up for grabs to users holding Wrapped FLRs wallets. According to reports, the current value of the airdrop is approximately $714 million. An airdrop program is a token distribution method where projects provide participants with tokens for free. Participants only need to hold a specific wallet that supports the tokens…

    03/17/2023
    157