Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Ulbricht auction sees $31K BTC ahead of first appearance since release

27/05/2025

Huge $3 Billion Purchase in Bitcoin and Ethereum, Surprise Sale Came from This Altcoin! “Major Sale Happened After 80 Weeks!”

27/05/2025

Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says

27/05/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Ulbricht auction sees $31K BTC ahead of first appearance since release

    27/05/2025

    Bitcoin Rally Stalls Below $110K as Short-Term Holders Take $11B Profits

    27/05/2025

    Cake Wallet Introduces PayJoin v2, Increasing Bitcoin Privacy For The Masses

    27/05/2025

    Bought the dip? Here’s how much you’d have if you invested $1,000 in Bitcoin in November 2022

    27/05/2025

    Ethereum’s Pectra: Big Guide

    27/05/2025

    Ethereum price nears breakout as whale activity, chart pattern align

    27/05/2025

    Ethereum Smart Contract Deployments Surge to 2021 Highs—What It Means for Price

    27/05/2025

    Ethereum Surges 5% to Break $2,550 Resistance Amid Institutional Confidence

    26/05/2025

    Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says

    27/05/2025

    James Wynn, the Trader Who Bet $1B on Bitcoin, is Now Long Pepe

    27/05/2025

    Wallets That Have Been Dormant for a Long Time Made Altcoin Transactions Today

    27/05/2025

    Cardano Founder Says RLUSD May Join ADA But Strategy Hinges on Circle Acquisition

    27/05/2025

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    25/05/2025

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    24/05/2025

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    23/05/2025

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

    23/05/2025

    Ulbricht auction sees $31K BTC ahead of first appearance since release

    27/05/2025

    Huge $3 Billion Purchase in Bitcoin and Ethereum, Surprise Sale Came from This Altcoin! “Major Sale Happened After 80 Weeks!”

    27/05/2025

    Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says

    27/05/2025

    Bitcoin Rally Stalls Below $110K as Short-Term Holders Take $11B Profits

    27/05/2025
  • Blockchain

    AI Shark Tank to feature Gloria AI this Wednesday, May 28

    27/05/2025

    Luffa and REI Network Partner to Reinvent Decentralized Communication in Web3

    27/05/2025

    HeLa Labs Partners with NoNoCoin to Streamline Crypto Accessibility Through Telegram

    27/05/2025

    OKX Wallet and Monad Partner to Deliver Seamless Access to Ultra-Fast dApps and Dev Tools

    26/05/2025

    SFT Protocol Collaborates with SlothsPepe to Boost Community-Focused Web3 Innovation

    26/05/2025
  • DeFi

    Mango Markets Attacker Has Conviction Overturned—Why?

    27/05/2025

    Injective and T-Mobile Are Building an On-Chain Future of Finance

    25/05/2025

    BugsCoin and OpenPad AI Partner to Transform Web3 Investment Education

    25/05/2025

    Ethereum’s DeFi Reign Slips 37% Since 2021—A Blockchain Power Shift?

    25/05/2025

    How to best leverage LSDFi?

    25/05/2025
  • Metaverse

    AI Responses Reveal Racial Patterning

    24/05/2025

    South Korean Actor Hwang Jung-eum Faces Backlash for Embezzling $3 Million to Buy Crypto

    20/05/2025

    Field Guide’ Short Film Using Generative AI

    15/05/2025

    Bitgert Partners DigiGoal to Launch ZK-Powered Sports Metaverse

    04/05/2025

    HAPE Social Partners with Decentraland to Bring Virtual Fashion at Metaverse Fashion Week

    06/04/2025
  • Regulation

    Huge $3 Billion Purchase in Bitcoin and Ethereum, Surprise Sale Came from This Altcoin! “Major Sale Happened After 80 Weeks!”

    27/05/2025

    Altcoins AVAX, HYPE, WLD, Fly As Bitcoin Hovers Near All-Time High

    27/05/2025

    Asia Trading Firm Caladan Targets US Market Amid Trump’s Pro-Crypto Pivot

    27/05/2025

    Acurast raises $5.4M to decentralize cloud computing using smartphones

    27/05/2025

    JUST IN! Binance’s Investment Arm Invested in a New Altcoin, the Price Jumped Huge!

    27/05/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Civitai Turns to Crypto After Credit Card Processor Ban Over AI Explicit Content

    27/05/2025

    Air Arabia and Mbank Join Forces to Offer Digital Payments via AE Coin

    27/05/2025

    Coinbase Lists 8 New Cryptocurrencies: Details

    26/05/2025

    South Korean Exchange Suspends Withdrawals and Deposits

    26/05/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Blazpay Partners with Catton AI to Power the Future of Web3 Gaming

    27/05/2025

    Animoca Brands’ Yat Siu shares how crypto gaming could make a comeback

    27/05/2025

    DAC and PEPE GAMES Launch Cross-Platform Rewards to Reinvent Web3 Play

    26/05/2025

    ‘Off the Grid’ Coming to Steam, Ethereum’s ‘Ember Sword’ Shuts Down

    26/05/2025

    Pakistan to allocate 2000-MW electricity for Bitcoin mining

    25/05/2025

    Bitcoin harmful to the environment, or not? Opinions vary, truth is singular

    25/05/2025

    Russia Could Relocate Bitcoin Miners To Northern Regions: Report

    22/05/2025

    Bitcoin Mining Profitability Fell in April as Network Hashrate Rose: Jefferies

    22/05/2025

    XRP Lawsuit Not Settled, Declares Ex-SEC Attorney

    27/05/2025

    In Final Days of Senate Stablecoin Debate, Trump’s Crypto Ties to Remain in Spotlight

    27/05/2025

    Sam Bankman-Fried’s Prison Sentence Could be Cut by Over 4 Years: Business Insider

    27/05/2025

    SafeMoon CEO defense claims there was no conspiracy among execs

    26/05/2025

    Ulbricht auction sees $31K BTC ahead of first appearance since release

    27/05/2025

    Huge $3 Billion Purchase in Bitcoin and Ethereum, Surprise Sale Came from This Altcoin! “Major Sale Happened After 80 Weeks!”

    27/05/2025

    Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says

    27/05/2025

    Bitcoin Rally Stalls Below $110K as Short-Term Holders Take $11B Profits

    27/05/2025
  • MarketCap
NBTC News
Home»Altcoins»Flare Burns 66M FLR Toward 2.1B Target by January 2026
Altcoins

Flare Burns 66M FLR Toward 2.1B Target by January 2026

NBTCBy NBTC17/04/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


  • Flare has burned 66 million FLR as part of its plan to wipe out 2.1 billion tokens by January 2026.
  • The burn strategy aims to limit supply, protect community ownership, and attract new users to the Flare ecosystem.

Flare Network just burned 66 million FLR tokens, kicking off its plan to wipe out 2.1 billion by January 2026. It’s not only about cutting supply—it’s about keeping the network balanced, fair, and more inviting for new people jumping in. Imagine a market that is flooded with new coins every month; the value of each old coin will naturally decrease.

🔥 Another 66 million $FLR burn complete.

This brings us closer to our goal of burning 2.1 billion $FLR by January 2026. pic.twitter.com/08MUay701F

— Flare ☀️ (@FlareNetworks) April 3, 2025

This is not the first time this has been done. Since the program began, Flare has destroyed more than 198 million FLR tokens, with a consistent monthly rate of 66 million. Not only does this process reduce the supply, but it also acts as a “protection shield” so that early investors cannot take more than their share through the FlareDrops mechanism. It’s a bit like making sure no one’s hand takes ten people’s share at a dinner table.

Furthermore, this supply reduction can also open the way for new users to join in building the ecosystem. With a more controlled supply, the value of participation feels more fair.

The current price of FLR is about $0.0131, with a slight decrease from the previous day. Although the number seems small, it is still an interesting benchmark to watch for the growing ecosystem.

Flare System Protocol Powers Seamless Cross-Chain Activity

On the other hand, previous CNF reports have revealed the important role of Flare System Protocol (FSP), which is the backbone of cross-chain transactions without having to make users switch platforms. FSP relies on PMWs (Protocol Messaging Wrappers) to secure interactions between chains.

In a way, it is like having an automatic pedestrian bridge that knows when to open and close to keep traffic flowing smoothly. Not only that, FSP is also prepared to support future features such as FAssets V2 and XRP staking—all in one decentralized platform.

If you thought token burns were Flare’s only breakthrough, wait a minute. They are also beginning to make their mark in the DeFi world with a unique approach.

Perpetual Trading Without the Strings

On December 12, 2024, SparkDEX officially launched SparkDEX Eternal, a decentralized exchange (DEX) platform that focuses on perpetual contracts.

In the world of trading, this is a kind of giving you a tool to open positions without time limits and without having to hold the underlying asset. For traders who like flexibility and don’t want to be bothered with coin ownership, this is an interesting middle ground.

Blending Gaming Concepts with Decentralized Finance

In addition, on February 7, 2025, Flare introduced the Flare Fair. Hearing the name, you might think this is just a game—in fact, it is a combination of games and DeFi. Imagine a platform that invites you to participate in decentralized financial activities, but the way it is packaged is like a fun game. The goal is to make the ecosystem more lively, friendlier, and more interactive.

Flare Fair marks an interesting shift in approach: from focusing on mechanics to focusing on the experience. So it’s not just about what you can do, but also how you can enjoy it.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says

27/05/2025

James Wynn, the Trader Who Bet $1B on Bitcoin, is Now Long Pepe

27/05/2025

Wallets That Have Been Dormant for a Long Time Made Altcoin Transactions Today

27/05/2025

Cardano Founder Says RLUSD May Join ADA But Strategy Hinges on Circle Acquisition

27/05/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Ulbricht auction sees $31K BTC ahead of first appearance since release

27/05/2025

Huge $3 Billion Purchase in Bitcoin and Ethereum, Surprise Sale Came from This Altcoin! “Major Sale Happened After 80 Weeks!”

27/05/2025

Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says

27/05/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.